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Sugi Holdings Co (TSE:7649) Asset Turnover : 0.50 (As of Aug. 2024)


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What is Sugi Holdings Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sugi Holdings Co's Revenue for the three months ended in Aug. 2024 was 円212,850 Mil. Sugi Holdings Co's Total Assets for the quarter that ended in Aug. 2024 was 円427,431 Mil. Therefore, Sugi Holdings Co's Asset Turnover for the quarter that ended in Aug. 2024 was 0.50.

Asset Turnover is linked to ROE % through Du Pont Formula. Sugi Holdings Co's annualized ROE % for the quarter that ended in Aug. 2024 was 11.55%. It is also linked to ROA % through Du Pont Formula. Sugi Holdings Co's annualized ROA % for the quarter that ended in Aug. 2024 was 6.49%.


Sugi Holdings Co Asset Turnover Historical Data

The historical data trend for Sugi Holdings Co'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.

Sugi Holdings Co Asset Turnover Chart

Sugi Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.83 1.84 1.95 2.01

Sugi Holdings Co 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 0.49 0.50 0.50 0.50 0.45

Competitive Comparison of Sugi Holdings Co's Asset Turnover

For the Pharmaceutical Retailers subindustry, Sugi Holdings Co'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.


Sugi Holdings Co's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sugi Holdings Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sugi Holdings Co's Asset Turnover falls into.



Sugi Holdings Co Asset Turnover Calculation

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

Sugi Holdings Co's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=744477/( (351895+390563)/ 2 )
=744477/371229
=2.01

Sugi Holdings Co's Asset Turnover for the quarter that ended in Aug. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=212850/( (408495+446367)/ 2 )
=212850/427431
=0.50

* 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.


Sugi Holdings Co  (TSE:7649) Asset Turnover Explanation

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

Sugi Holdings Co's annulized ROE % for the quarter that ended in Aug. 2024 is

ROE %**(Q: Aug. 2024 )
=Net Income/Total Stockholders Equity
=27744/240179.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27744 / 851400)*(851400 / 427431)*(427431/ 240179.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.26 %*1.9919*1.7796
=ROA %*Equity Multiplier
=6.49 %*1.7796
=11.55 %

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

Sugi Holdings Co's annulized ROA % for the quarter that ended in Aug. 2024 is

ROA %(Q: Aug. 2024 )
=Net Income/Total Assets
=27744/427431
=(Net Income / Revenue)*(Revenue / Total Assets)
=(27744 / 851400)*(851400 / 427431)
=Net Margin %*Asset Turnover
=3.26 %*1.9919
=6.49 %

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


Sugi Holdings Co Asset Turnover Related Terms

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Sugi Holdings Co Business Description

Traded in Other Exchanges
Address
1-8-4 Mikawaanjo-cho, Anjo-shi, JPN
Sugi Holdings Co Ltd generates revenue through pharmaceutical care in Japan. The company's drug stores sell prescription and generic drugs along with general merchandise including premium and discount groceries, discount cosmetics, pet supplies, and health supplements that are designed for self-medication. Sugi Holdings also provides disease prevention and drug delivery services. The company's Cedar Pharmacy group operates regional drugstores designed for providing health consultation. Sugi Holdings also supports regional healthcare facilities and provides at-home nursing services.

Sugi Holdings Co Headlines

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