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AusGroup (SGX:5GJ) Asset Turnover : 0.47 (As of Jun. 2022)


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What is AusGroup Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. AusGroup's Revenue for the three months ended in Jun. 2022 was S$67.3 Mil. AusGroup's Total Assets for the quarter that ended in Jun. 2022 was S$142.6 Mil. Therefore, AusGroup's Asset Turnover for the quarter that ended in Jun. 2022 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. AusGroup's annualized ROE % for the quarter that ended in Jun. 2022 was -515.78%. It is also linked to ROA % through Du Pont Formula. AusGroup's annualized ROA % for the quarter that ended in Jun. 2022 was -87.40%.


AusGroup Asset Turnover Historical Data

The historical data trend for AusGroup'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.

AusGroup Asset Turnover Chart

AusGroup Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 1.15 1.42 1.29 1.62

AusGroup Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only 0.36 0.38 0.37 0.38 0.47

Competitive Comparison of AusGroup's Asset Turnover

For the Engineering & Construction subindustry, AusGroup'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.


AusGroup's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, AusGroup's Asset Turnover distribution charts can be found below:

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



AusGroup Asset Turnover Calculation

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

AusGroup's Asset Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2022 )/( (Total Assets (A: Jun. 2021 )+Total Assets (A: Jun. 2022 ))/ count )
=238.37/( (159.871+134.734)/ 2 )
=238.37/147.3025
=1.62

AusGroup's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=67.322/( (150.476+134.734)/ 2 )
=67.322/142.605
=0.47

* 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.


AusGroup  (SGX:5GJ) Asset Turnover Explanation

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

AusGroup's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=-124.64/24.1655
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-124.64 / 269.288)*(269.288 / 142.605)*(142.605/ 24.1655)
=Net Margin %*Asset Turnover*Equity Multiplier
=-46.29 %*1.8883*5.9012
=ROA %*Equity Multiplier
=-87.40 %*5.9012
=-515.78 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

AusGroup's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=-124.64/142.605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-124.64 / 269.288)*(269.288 / 142.605)
=Net Margin %*Asset Turnover
=-46.29 %*1.8883
=-87.40 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


AusGroup Asset Turnover Related Terms

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


AusGroup (SGX:5GJ) Business Description

Traded in Other Exchanges
N/A
Address
Level 1, 18-32 Parliament Place, West Perth, Perth, WA, AUS, 6005
AusGroup Ltd is an investment holding company. The firm has five reportable segments namely Projects, Access Services, Fabrication and manufacturing, Maintenance Services and Port and Marine Services. Projects segment provides construction services including design, structural, mechanical, piping, painting, insulation and fireproofing. Access services include scaffolding, engineering and design, labor supply and stock control, logistics, transportation and rope services. Fabrication provides turnkey solutions to the oil and gas sector. Maintenance services provide preventative and breakdown maintenance shut down services and sustaining capital works. Marine provides support services to the offshore oil and gas industry. Maintenance services contribute most to the total revenue of the firm.

AusGroup (SGX:5GJ) Headlines

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