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VVVNF (Vivendi SE) Asset Turnover : 0.23 (As of Jun. 2024)


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What is Vivendi SE Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vivendi SE's Revenue for the six months ended in Jun. 2024 was $9,744 Mil. Vivendi SE's Total Assets for the quarter that ended in Jun. 2024 was $41,928 Mil. Therefore, Vivendi SE's Asset Turnover for the quarter that ended in Jun. 2024 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. Vivendi SE's annualized ROE % for the quarter that ended in Jun. 2024 was 1.86%. It is also linked to ROA % through Du Pont Formula. Vivendi SE's annualized ROA % for the quarter that ended in Jun. 2024 was 0.82%.


Vivendi SE Asset Turnover Historical Data

The historical data trend for Vivendi SE'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.

Vivendi SE Asset Turnover Chart

Vivendi SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.24 0.23 0.29 0.31

Vivendi SE Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.13 0.16 0.15 0.17 0.23

Competitive Comparison of Vivendi SE's Asset Turnover

For the Entertainment subindustry, Vivendi SE'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.


Vivendi SE's Asset Turnover Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Vivendi SE's Asset Turnover falls into.



Vivendi SE Asset Turnover Calculation

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

Vivendi SE's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=11461.287/( (33135.593+41713.195)/ 2 )
=11461.287/37424.394
=0.31

Vivendi SE'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: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=9743.811/( (41713.195+42143.165)/ 2 )
=9743.811/41928.18
=0.23

* 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.


Vivendi SE  (OTCPK:VVVNF) Asset Turnover Explanation

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

Vivendi SE's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=342.304/18434.2725
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(342.304 / 19487.622)*(19487.622 / 41928.18)*(41928.18/ 18434.2725)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.76 %*0.4648*2.2745
=ROA %*Equity Multiplier
=0.82 %*2.2745
=1.86 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

Vivendi SE's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=342.304/41928.18
=(Net Income / Revenue)*(Revenue / Total Assets)
=(342.304 / 19487.622)*(19487.622 / 41928.18)
=Net Margin %*Asset Turnover
=1.76 %*0.4648
=0.82 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Vivendi SE Asset Turnover Related Terms

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Vivendi SE Business Description

Address
42, Avenue de Friedland, Cedex 08, Paris, FRA, 75380
Vivendi SE is an integrated content, media and communications group. The company operates businesses throughout the media value chain, from talent discovery to the creation, production and distribution of content. The company now operates segments as Canal+ Group, Lagardere, Havas, Prisma Media, Gameloft, Vivendi Village, New Initiatives, Generosity and Solidarity Corporate. It derives maximum revenue from Canal+ Group. The company operates geographically in France, Rest of Europe , Americas, Africa and Asia/Oceania, out of which Africa derives key revenue.

Vivendi SE Headlines

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