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CCC (STU:6RK) Asset Turnover : 0.32 (As of Oct. 2024)


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What is CCC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CCC's Revenue for the three months ended in Oct. 2024 was €639 Mil. CCC's Total Assets for the quarter that ended in Oct. 2024 was €2,026 Mil. Therefore, CCC's Asset Turnover for the quarter that ended in Oct. 2024 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. CCC's annualized ROE % for the quarter that ended in Oct. 2024 was 49.89%. It is also linked to ROA % through Du Pont Formula. CCC's annualized ROA % for the quarter that ended in Oct. 2024 was 7.08%.


CCC Asset Turnover Historical Data

The historical data trend for CCC'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.

CCC Asset Turnover Chart

CCC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan22 Jan23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 0.94 0.78 1.03 1.25

CCC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.32 0.33 0.30 0.32 0.32

Competitive Comparison of CCC's Asset Turnover

For the Apparel Retail subindustry, CCC'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.


CCC's Asset Turnover Distribution in the Retail - Cyclical Industry

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

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



CCC Asset Turnover Calculation

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

CCC's Asset Turnover for the fiscal year that ended in Jan. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2023 )/( (Total Assets (A: Jan. 2022 )+Total Assets (A: Jan. 2023 ))/ count )
=2104.758/( (1730.441+1629.715)/ 2 )
=2104.758/1680.078
=1.25

CCC's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=639.257/( (1926.378+2125.636)/ 2 )
=639.257/2026.007
=0.32

* 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.


CCC  (STU:6RK) Asset Turnover Explanation

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

CCC's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=143.404/287.457
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(143.404 / 2557.028)*(2557.028 / 2026.007)*(2026.007/ 287.457)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.61 %*1.2621*7.048
=ROA %*Equity Multiplier
=7.08 %*7.048
=49.89 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) net income data. The Revenue data used here is four times the quarterly (Oct. 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:

CCC's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=143.404/2026.007
=(Net Income / Revenue)*(Revenue / Total Assets)
=(143.404 / 2557.028)*(2557.028 / 2026.007)
=Net Margin %*Asset Turnover
=5.61 %*1.2621
=7.08 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) net income data. The Revenue data used here is four times the quarterly (Oct. 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.


CCC Asset Turnover Related Terms

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


CCC Business Description

Traded in Other Exchanges
Address
ul. Strefowa 6, Polkowice, POL, 59-101
CCC SA operates as a footwear retail company in Central Europe. The CCC Group comprises a total of approximately 950 offline chain stores located in modern shopping centers and malls, as well as a number of online sales platforms in Poland and nearly 28 countries in Europe and the Middle East. The group operates through its 87 online sales platforms under the brands namely DeeZee, Modivo, eobuwie and HalfPrice.

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