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SCOTF (Scout24 SE) Asset Turnover : 0.14 (As of Jun. 2024)


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What is Scout24 SE Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Scout24 SE's Revenue for the six months ended in Jun. 2024 was $296.7 Mil. Scout24 SE's Total Assets for the quarter that ended in Jun. 2024 was $2,180.2 Mil. Therefore, Scout24 SE's Asset Turnover for the quarter that ended in Jun. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Scout24 SE's annualized ROE % for the quarter that ended in Jun. 2024 was 10.33%. It is also linked to ROA % through Du Pont Formula. Scout24 SE's annualized ROA % for the quarter that ended in Jun. 2024 was 7.29%.


Scout24 SE Asset Turnover Historical Data

The historical data trend for Scout24 SE's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scout24 SE Asset Turnover Chart

Scout24 SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.12 0.13 0.20 0.27

Scout24 SE Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.12 0.13 0.13 0.14

Competitive Comparison of Scout24 SE's Asset Turnover

For the Internet Content & Information subindustry, Scout24 SE's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Scout24 SE's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Scout24 SE's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Scout24 SE's Asset Turnover falls into.



Scout24 SE Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Scout24 SE's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=555.195/( (1992.183+2202.196)/ 2 )
=555.195/2097.1895
=0.26

Scout24 SE's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=296.659/( (2202.196+2158.154)/ 2 )
=296.659/2180.175
=0.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Scout24 SE  (OTCPK:SCOTF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Scout24 SE's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=158.976/1539.0205
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(158.976 / 593.318)*(593.318 / 2180.175)*(2180.175/ 1539.0205)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.79 %*0.2721*1.4166
=ROA %*Equity Multiplier
=7.29 %*1.4166
=10.33 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Scout24 SE's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=158.976/2180.175
=(Net Income / Revenue)*(Revenue / Total Assets)
=(158.976 / 593.318)*(593.318 / 2180.175)
=Net Margin %*Asset Turnover
=26.79 %*0.2721
=7.29 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Scout24 SE Asset Turnover Related Terms

Thank you for viewing the detailed overview of Scout24 SE's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Scout24 SE Business Description

Traded in Other Exchanges
Address
Invalidenstrasse 65, Berlin, BY, DEU, 10557
Scout24 SE is an innovative digital company that operates ImmoScout24, the platform for residential and commercial real estate in Germany. With ImmoScout24, it has been successfully bringing together owners, agents, tenants, and buyers for about 25 years. Through its know-how and its diverse services, it ensures transparency in the market and makes complex decisions easy for its users. So that users can process real estate transactions completely digitally in the long term, ImmoScout24 is building an ecosystem for purchase, rental and commercial real estate.

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