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Osaka Organic Chemical Industry (TSE:4187) Asset Turnover : 0.15 (As of Nov. 2024)


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What is Osaka Organic Chemical Industry Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Osaka Organic Chemical Industry's Revenue for the three months ended in Nov. 2024 was 円8,914 Mil. Osaka Organic Chemical Industry's Total Assets for the quarter that ended in Nov. 2024 was 円58,906 Mil. Therefore, Osaka Organic Chemical Industry's Asset Turnover for the quarter that ended in Nov. 2024 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Osaka Organic Chemical Industry's annualized ROE % for the quarter that ended in Nov. 2024 was 10.99%. It is also linked to ROA % through Du Pont Formula. Osaka Organic Chemical Industry's annualized ROA % for the quarter that ended in Nov. 2024 was 8.36%.


Osaka Organic Chemical Industry Asset Turnover Historical Data

The historical data trend for Osaka Organic Chemical Industry'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.

Osaka Organic Chemical Industry Asset Turnover Chart

Osaka Organic Chemical Industry Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.74 0.63 0.54 0.57

Osaka Organic Chemical Industry Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.13 0.13 0.15 0.15 0.15

Competitive Comparison of Osaka Organic Chemical Industry's Asset Turnover

For the Specialty Chemicals subindustry, Osaka Organic Chemical Industry'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.


Osaka Organic Chemical Industry's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Osaka Organic Chemical Industry's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Osaka Organic Chemical Industry's Asset Turnover falls into.



Osaka Organic Chemical Industry Asset Turnover Calculation

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

Osaka Organic Chemical Industry's Asset Turnover for the fiscal year that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2024 )/( (Total Assets (A: Nov. 2023 )+Total Assets (A: Nov. 2024 ))/ count )
=32698.809/( (54636.965+59964.713)/ 2 )
=32698.809/57300.839
=0.57

Osaka Organic Chemical Industry's Asset Turnover for the quarter that ended in Nov. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: Aug. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=8914.213/( (57847.734+59964.713)/ 2 )
=8914.213/58906.2235
=0.15

* 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.


Osaka Organic Chemical Industry  (TSE:4187) Asset Turnover Explanation

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

Osaka Organic Chemical Industry's annulized ROE % for the quarter that ended in Nov. 2024 is

ROE %**(Q: Nov. 2024 )
=Net Income/Total Stockholders Equity
=4923.964/44802.7625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4923.964 / 35656.852)*(35656.852 / 58906.2235)*(58906.2235/ 44802.7625)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.81 %*0.6053*1.3148
=ROA %*Equity Multiplier
=8.36 %*1.3148
=10.99 %

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

Osaka Organic Chemical Industry's annulized ROA % for the quarter that ended in Nov. 2024 is

ROA %(Q: Nov. 2024 )
=Net Income/Total Assets
=4923.964/58906.2235
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4923.964 / 35656.852)*(35656.852 / 58906.2235)
=Net Margin %*Asset Turnover
=13.81 %*0.6053
=8.36 %

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


Osaka Organic Chemical Industry Asset Turnover Related Terms

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Osaka Organic Chemical Industry Business Description

Traded in Other Exchanges
N/A
Address
Shin Toyama Building, 1-7-20 Azuchi-machi, Chuo-ku, Osaka, JPN, 541-0052
Osaka Organic Chemical Industry Ltd is engaged in the production and marketing of organic chemistry industry products, organic reagents, petrochemical products, and special polymers, refining and processing of solvents. It operates in three segments: Chemical segment manufactures and sells speciality acrylic acid ester and acrylic acid for paints, adhesives and inks. The Electronic Materials segment manufactures and sells electronic materials, such as liquid crystal materials and semiconductors. The Specialty Chemicals segment manufactures and sells cosmetics raw materials and functional materials.

Osaka Organic Chemical Industry Headlines

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