GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » INTAGE HOLDINGS Inc (TSE:4326) » Definitions » Asset Turnover

INTAGE HOLDINGS (TSE:4326) Asset Turnover : 0.32 (As of Jun. 2024)


View and export this data going back to 2001. Start your Free Trial

What is INTAGE HOLDINGS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. INTAGE HOLDINGS's Revenue for the three months ended in Jun. 2024 was 円14,931 Mil. INTAGE HOLDINGS's Total Assets for the quarter that ended in Jun. 2024 was 円46,367 Mil. Therefore, INTAGE HOLDINGS's Asset Turnover for the quarter that ended in Jun. 2024 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. INTAGE HOLDINGS's annualized ROE % for the quarter that ended in Jun. 2024 was 0.78%. It is also linked to ROA % through Du Pont Formula. INTAGE HOLDINGS's annualized ROA % for the quarter that ended in Jun. 2024 was 0.54%.


INTAGE HOLDINGS Asset Turnover Historical Data

The historical data trend for INTAGE HOLDINGS'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.

INTAGE HOLDINGS Asset Turnover Chart

INTAGE HOLDINGS Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.22 1.25 1.32 1.36

INTAGE HOLDINGS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.30 0.32 0.37 0.38 0.32

Competitive Comparison of INTAGE HOLDINGS's Asset Turnover

For the Advertising Agencies subindustry, INTAGE HOLDINGS'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.


INTAGE HOLDINGS's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, INTAGE HOLDINGS's Asset Turnover distribution charts can be found below:

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



INTAGE HOLDINGS Asset Turnover Calculation

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

INTAGE HOLDINGS's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=61387.014/( (45633.579+44391.158)/ 2 )
=61387.014/45012.3685
=1.36

INTAGE HOLDINGS's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=14930.618/( (47415.956+45318.504)/ 2 )
=14930.618/46367.23
=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.


INTAGE HOLDINGS  (TSE:4326) Asset Turnover Explanation

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

INTAGE HOLDINGS's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=250.328/32011.455
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(250.328 / 59722.472)*(59722.472 / 46367.23)*(46367.23/ 32011.455)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.42 %*1.288*1.4485
=ROA %*Equity Multiplier
=0.54 %*1.4485
=0.78 %

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

INTAGE HOLDINGS's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=250.328/46367.23
=(Net Income / Revenue)*(Revenue / Total Assets)
=(250.328 / 59722.472)*(59722.472 / 46367.23)
=Net Margin %*Asset Turnover
=0.42 %*1.288
=0.54 %

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


INTAGE HOLDINGS Asset Turnover Related Terms

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


INTAGE HOLDINGS Business Description

Traded in Other Exchanges
N/A
Address
3 Kanda-Neribeicho, Chiyoda-ku, Tokyo, JPN, 101-0022
INTAGE HOLDINGS Inc is engaged in the provision of marketing research and consulting system solutions, and healthcare development support in Japan.

INTAGE HOLDINGS Headlines

No Headlines