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OUE Real Estate Investment Trust (SGX:TS0U) Asset Turnover : 0.03 (As of Dec. 2024)


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What is OUE Real Estate Investment Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. OUE Real Estate Investment Trust's Revenue for the six months ended in Dec. 2024 was S$148.8 Mil. OUE Real Estate Investment Trust's Total Assets for the quarter that ended in Dec. 2024 was S$6,006.7 Mil. Therefore, OUE Real Estate Investment Trust's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. OUE Real Estate Investment Trust's annualized ROE % for the quarter that ended in Dec. 2024 was -6.71%. It is also linked to ROA % through Du Pont Formula. OUE Real Estate Investment Trust's annualized ROA % for the quarter that ended in Dec. 2024 was -3.86%.


OUE Real Estate Investment Trust Asset Turnover Historical Data

The historical data trend for OUE Real Estate Investment Trust'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.

OUE Real Estate Investment Trust Asset Turnover Chart

OUE Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.05 0.05

OUE Real Estate Investment Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.02 0.02 0.02 0.02 0.03

Competitive Comparison of OUE Real Estate Investment Trust's Asset Turnover

For the REIT - Office subindustry, OUE Real Estate Investment Trust'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.


OUE Real Estate Investment Trust's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, OUE Real Estate Investment Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where OUE Real Estate Investment Trust's Asset Turnover falls into.


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OUE Real Estate Investment Trust Asset Turnover Calculation

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

OUE Real Estate Investment Trust's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=295.521/( (6068.711+5939.901)/ 2 )
=295.521/6004.306
=0.05

OUE Real Estate Investment Trust's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=148.792/( (6073.412+5939.901)/ 2 )
=148.792/6006.6565
=0.02

* 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.


OUE Real Estate Investment Trust  (SGX:TS0U) Asset Turnover Explanation

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

OUE Real Estate Investment Trust's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-231.97/3455.0395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-231.97 / 297.584)*(297.584 / 6006.6565)*(6006.6565/ 3455.0395)
=Net Margin %*Asset Turnover*Equity Multiplier
=-77.95 %*0.0495*1.7385
=ROA %*Equity Multiplier
=-3.86 %*1.7385
=-6.71 %

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

OUE Real Estate Investment Trust's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-231.97/6006.6565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-231.97 / 297.584)*(297.584 / 6006.6565)
=Net Margin %*Asset Turnover
=-77.95 %*0.0495
=-3.86 %

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


OUE Real Estate Investment Trust Asset Turnover Related Terms

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OUE Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
333 Orchard Road, No. 33-01, Singapore, SGP, 238867
OUE Real Estate Investment Trust is a real estate investment trust. Its principal investment strategy is to invest in income-producing real estate used primarily for commercial purposes in financial and business hubs in key gateway cities. The company's portfolio comprises of two hotels which are Hilton Singapore Orchard and Crowne Plaza Changi Airport. Complementing Hilton Singapore Orchard is Mandarin Gallery, a choice location for international brands in the heart of Orchard Road. Meanwhile, OUE REIT's office assets which are OUE Bayfront, One Raffles Place and OUE Downtown Office, are situated within the Central Business District .The objective of the trust is to deliver stable distributions and provide sustainable long-term growth in returns to its holders.

OUE Real Estate Investment Trust Headlines

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