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Audience Analytics (SGX:1AZ) Asset Turnover : 0.54 (As of Dec. 2023)


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What is Audience Analytics Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Audience Analytics's Revenue for the six months ended in Dec. 2023 was S$11.04 Mil. Audience Analytics's Total Assets for the quarter that ended in Dec. 2023 was S$20.56 Mil. Therefore, Audience Analytics's Asset Turnover for the quarter that ended in Dec. 2023 was 0.54.

Asset Turnover is linked to ROE % through Du Pont Formula. Audience Analytics's annualized ROE % for the quarter that ended in Dec. 2023 was 51.23%. It is also linked to ROA % through Du Pont Formula. Audience Analytics's annualized ROA % for the quarter that ended in Dec. 2023 was 39.39%.


Audience Analytics Asset Turnover Historical Data

The historical data trend for Audience Analytics'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.

Audience Analytics Asset Turnover Chart

Audience Analytics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 1.32 1.19 0.89 0.83 0.73

Audience Analytics Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.60 0.12 0.68 0.18 0.54

Competitive Comparison of Audience Analytics's Asset Turnover

For the Consulting Services subindustry, Audience Analytics'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.


Audience Analytics's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Audience Analytics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Audience Analytics's Asset Turnover falls into.



Audience Analytics Asset Turnover Calculation

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

Audience Analytics'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 )
=14.63/( (19.326+20.865)/ 2 )
=14.63/20.0955
=0.73

Audience Analytics's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=11.036/( (20.249+20.865)/ 2 )
=11.036/20.557
=0.54

* 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.


Audience Analytics  (SGX:1AZ) Asset Turnover Explanation

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

Audience Analytics's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=8.098/15.8075
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.098 / 22.072)*(22.072 / 20.557)*(20.557/ 15.8075)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.69 %*1.0737*1.3005
=ROA %*Equity Multiplier
=39.39 %*1.3005
=51.23 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Audience Analytics's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=8.098/20.557
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.098 / 22.072)*(22.072 / 20.557)
=Net Margin %*Asset Turnover
=36.69 %*1.0737
=39.39 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Audience Analytics Asset Turnover Related Terms

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Audience Analytics (SGX:1AZ) Business Description

Traded in Other Exchanges
N/A
Address
80 Raffles Place, No. 32-01 UOB Plaza 1, Singapore, SGP, 048624
Audience Analytics Ltd offers a range of solutions that give companies a better understanding of their businesses to make decisions and promote and grow their businesses. The company offers a wide portfolio of awards, exhibitions, conferences, digital and print media, and business analytics that enable the group to support companies at different stages of their growth. The company's segment includes Business Impact Assessment and Recognition, Exhibitions, Business Media & Analytics, and Investment holding.

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