GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » The Cooper Companies Inc (STU:CP60) » Definitions » Asset Turnover

The Cooper (STU:CP60) Asset Turnover : 0.08 (As of Jan. 2025)


View and export this data going back to 1983. Start your Free Trial

What is The Cooper Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Cooper's Revenue for the three months ended in Jan. 2025 was €932 Mil. The Cooper's Total Assets for the quarter that ended in Jan. 2025 was €11,556 Mil. Therefore, The Cooper's Asset Turnover for the quarter that ended in Jan. 2025 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. The Cooper's annualized ROE % for the quarter that ended in Jan. 2025 was 5.28%. It is also linked to ROA % through Du Pont Formula. The Cooper's annualized ROA % for the quarter that ended in Jan. 2025 was 3.49%.


The Cooper Asset Turnover Historical Data

The historical data trend for The Cooper'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.

The Cooper Asset Turnover Chart

The Cooper Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.36 0.34 0.30 0.32

The Cooper Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.08 0.08 0.08 0.08 0.08

Competitive Comparison of The Cooper's Asset Turnover

For the Medical Instruments & Supplies subindustry, The Cooper'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.


The Cooper's Asset Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, The Cooper's Asset Turnover distribution charts can be found below:

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



The Cooper Asset Turnover Calculation

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

The Cooper's Asset Turnover for the fiscal year that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2024 )/( (Total Assets (A: Oct. 2023 )+Total Assets (A: Oct. 2024 ))/ count )
=3575.977/( (11040.978+11305.354)/ 2 )
=3575.977/11173.166
=0.32

The Cooper's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=931.9/( (11305.354+11806.645)/ 2 )
=931.9/11555.9995
=0.08

* 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.


The Cooper  (STU:CP60) Asset Turnover Explanation

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

The Cooper's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=403.016/7635.7665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(403.016 / 3727.6)*(3727.6 / 11555.9995)*(11555.9995/ 7635.7665)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.81 %*0.3226*1.5134
=ROA %*Equity Multiplier
=3.49 %*1.5134
=5.28 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

The Cooper's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=403.016/11555.9995
=(Net Income / Revenue)*(Revenue / Total Assets)
=(403.016 / 3727.6)*(3727.6 / 11555.9995)
=Net Margin %*Asset Turnover
=10.81 %*0.3226
=3.49 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


The Cooper Asset Turnover Related Terms

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


The Cooper Business Description

Address
6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, USA, 94583
CooperCompanies is one of the largest eyecare companies in the us. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business with a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and Clariti, Cooper controls roughly one fourth of the us contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the us, and controls 17% of the us IUD market.

The Cooper Headlines

No Headlines