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Key Coffee (TSE:2594) Asset Turnover : 0.34 (As of Sep. 2024)


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What is Key Coffee Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Key Coffee's Revenue for the three months ended in Sep. 2024 was 円19,662 Mil. Key Coffee's Total Assets for the quarter that ended in Sep. 2024 was 円58,522 Mil. Therefore, Key Coffee's Asset Turnover for the quarter that ended in Sep. 2024 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Key Coffee's annualized ROE % for the quarter that ended in Sep. 2024 was -1.28%. It is also linked to ROA % through Du Pont Formula. Key Coffee's annualized ROA % for the quarter that ended in Sep. 2024 was -0.68%.


Key Coffee Asset Turnover Historical Data

The historical data trend for Key Coffee'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.

Key Coffee Asset Turnover Chart

Key Coffee Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.14 1.28 1.33 1.39

Key Coffee Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.35 0.30 0.35 0.34 0.36

Competitive Comparison of Key Coffee's Asset Turnover

For the Packaged Foods subindustry, Key Coffee'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.


Key Coffee's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Key Coffee's Asset Turnover distribution charts can be found below:

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


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Key Coffee Asset Turnover Calculation

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

Key Coffee's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=73800/( (51768+54832)/ 2 )
=73800/53300
=1.38

Key Coffee's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=19662/( (0+58522)/ 1 )
=19662/58522
=0.34

* 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.


Key Coffee  (TSE:2594) Asset Turnover Explanation

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

Key Coffee's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-396/30852
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-396 / 78648)*(78648 / 58522)*(58522/ 30852)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.5 %*1.3439*1.8969
=ROA %*Equity Multiplier
=-0.68 %*1.8969
=-1.28 %

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

Key Coffee's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-396/58522
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-396 / 78648)*(78648 / 58522)
=Net Margin %*Asset Turnover
=-0.5 %*1.3439
=-0.68 %

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


Key Coffee Asset Turnover Related Terms

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Key Coffee Business Description

Traded in Other Exchanges
N/A
Address
2-34-4 Nishi-Shinbashi, Minato-ku, Tokyo, JPN, 105-8705
Key Coffee Inc is a Japan-based company operates in the coffee-related business. It is engaged in the plantation, production, and marketing of coffee and related products. Its products include raw coffee beans, instant coffee, iced coffee, iced tea, fruit juice, and other coffee-related products. Geographically, the business activities are carried out through the region of Japan.

Key Coffee Headlines

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