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Vince Holding (STU:VNC1) Asset Turnover : 0.32 (As of Jan. 2024)


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What is Vince Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vince Holding's Revenue for the three months ended in Jan. 2024 was €69.1 Mil. Vince Holding's Total Assets for the quarter that ended in Jan. 2024 was €219.5 Mil. Therefore, Vince Holding's Asset Turnover for the quarter that ended in Jan. 2024 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Vince Holding's annualized ROE % for the quarter that ended in Jan. 2024 was -37.27%. It is also linked to ROA % through Du Pont Formula. Vince Holding's annualized ROA % for the quarter that ended in Jan. 2024 was -7.81%.


Vince Holding Asset Turnover Historical Data

The historical data trend for Vince Holding'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.

Vince Holding Asset Turnover Chart

Vince Holding Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.60 1.00 1.15 1.10

Vince Holding Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.27 0.22 0.25 0.34 0.32

Competitive Comparison of Vince Holding's Asset Turnover

For the Apparel Manufacturing subindustry, Vince Holding'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.


Vince Holding's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vince Holding's Asset Turnover distribution charts can be found below:

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



Vince Holding Asset Turnover Calculation

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

Vince Holding's Asset Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=268.873/( (281.504+206.687)/ 2 )
=268.873/244.0955
=1.10

Vince Holding's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=69.135/( (232.292+206.687)/ 2 )
=69.135/219.4895
=0.31

* 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.


Vince Holding  (STU:VNC1) Asset Turnover Explanation

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

Vince Holding's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-17.14/45.9865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-17.14 / 276.54)*(276.54 / 219.4895)*(219.4895/ 45.9865)
=Net Margin %*Asset Turnover*Equity Multiplier
=-6.2 %*1.2599*4.7729
=ROA %*Equity Multiplier
=-7.81 %*4.7729
=-37.27 %

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

Vince Holding's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-17.14/219.4895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-17.14 / 276.54)*(276.54 / 219.4895)
=Net Margin %*Asset Turnover
=-6.2 %*1.2599
=-7.81 %

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


Vince Holding Asset Turnover Related Terms

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


Vince Holding (STU:VNC1) Business Description

Traded in Other Exchanges
Address
500 5th Avenue, 20th Floor, New York, NY, USA, 10110
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.

Vince Holding (STU:VNC1) Headlines

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