SSUNF (SIGNA Sports United NV) Asset Turnover: 0.36 (As of Mar. 2023)


What is SIGNA Sports United NV Asset Turnover?

SIGNA Sports United NV SSUNF Asset Turnover is 0.36 as of Mar. 2023.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SIGNA Sports United NV's Revenue for the six months ended in Mar. 2023 was $473 Mil. SIGNA Sports United NV's Total Assets for the quarter that ended in Mar. 2023 was $1,317 Mil. Therefore, SIGNA Sports United NV's Asset Turnover for the quarter that ended in Mar. 2023 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. SIGNA Sports United NV's annualized ROE % for the quarter that ended in Mar. 2023 was -71.15%. It is also linked to ROA % through Du Pont Formula. SIGNA Sports United NV's annualized ROA % for the quarter that ended in Mar. 2023 was -29.29%.

SIGNA Sports United NV  (OTCPK:SSUNF) Asset Turnover Explanation

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

SIGNA Sports United NV's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-385.654/541.9965
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-385.654 / 945.182)*(945.182 / 1316.8435)*(1316.8435/ 541.9965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-40.8 %*0.7178*2.4296
=ROA %*Equity Multiplier
=-29.29 %*2.4296
=-71.15 %

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

SIGNA Sports United NV's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-385.654/1316.8435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-385.654 / 945.182)*(945.182 / 1316.8435)
=Net Margin %*Asset Turnover
=-40.8 %*0.7178
=-29.29 %

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

SIGNA Sports United NV Asset Turnover Related Terms

SIGNA Sports United NV Asset Turnover Historical Data

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The historical data trend for SIGNA Sports United NV'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.

SIGNA Sports United NV Asset Turnover Chart

SIGNA Sports United NV Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Asset Turnover
0.80 0.98 1.14 0.97

SIGNA Sports United NV Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Asset Turnover Get a 7-Day Free Trial 0.55 0.61 0.38 0.41 0.36

SSUNF vs POL, GHST, SPEV: Asset Turnover Comparison

For the Specialty Retail subindustry, SIGNA Sports United NV'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.

SIGNA Sports United NV Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SIGNA Sports United NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SIGNA Sports United NV's Asset Turnover falls into.


SIGNA Sports United NV Asset Turnover Calculation

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

SIGNA Sports United NV's Asset Turnover for the fiscal year that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2022 )/( (Total Assets (A: Sep. 2021 )+Total Assets (A: Sep. 2022 ))/ count )
=1052.277/( (874+1296.535)/ 2 )
=1052.277/1085.2675
=0.97

SIGNA Sports United NV's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=472.591/( (1296.535+1337.152)/ 2 )
=472.591/1316.8435
=0.36

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.36 mean?
SIGNA Sports United NV (SSUNF) has a Asset Turnover of 0.36 as of Mar. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SIGNA Sports United NV and its competitors.
Is SIGNA Sports United NV's Asset Turnover too high?
SIGNA Sports United NV's current Asset Turnover is 0.36.
How does SIGNA Sports United NV's Asset Turnover compare to POL and GHST?
SIGNA Sports United NV's Asset Turnover of 0.36 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SIGNA Sports United NV and its competitors. SIGNA Sports United NV's current Asset Turnover is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIGNA Sports United NV stock overvalued right now?
SIGNA Sports United NV (SSUNF) has a current Asset Turnover of 0.36. The current Asset Turnover is 0.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For SIGNA Sports United NV (SSUNF), the current Asset Turnover is 0.36 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SIGNA Sports United NV Business Description

Address Kantstrasse 164, Upper West, Berlin, DEU, 10623
SIGNA Sports United NV is a group of specialist sports webshops powered by its sports commerce and technology platform. The company's segment includes Tennis; Bike and Outdoor and Teamsport. It generates maximum revenue from the Bike and Outdoor segment. Geographically, it derives a majority of revenue from Germany.