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Robinson Europe (WAR:RBS) Asset Turnover : 0.29 (As of Jul. 2024)


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What is Robinson Europe Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Robinson Europe's Revenue for the three months ended in Jul. 2024 was zł6.87 Mil. Robinson Europe's Total Assets for the quarter that ended in Jul. 2024 was zł23.69 Mil. Therefore, Robinson Europe's Asset Turnover for the quarter that ended in Jul. 2024 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Robinson Europe's annualized ROE % for the quarter that ended in Jul. 2024 was 8.64%. It is also linked to ROA % through Du Pont Formula. Robinson Europe's annualized ROA % for the quarter that ended in Jul. 2024 was 5.24%.


Robinson Europe Asset Turnover Historical Data

The historical data trend for Robinson Europe'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.

Robinson Europe Asset Turnover Chart

Robinson Europe Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.89 0.90 0.88 0.90

Robinson Europe Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.24 0.15 0.13 0.37 0.29

Competitive Comparison of Robinson Europe's Asset Turnover

For the Specialty Retail subindustry, Robinson Europe'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.


Robinson Europe's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Robinson Europe's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Robinson Europe's Asset Turnover falls into.



Robinson Europe Asset Turnover Calculation

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

Robinson Europe's Asset Turnover for the fiscal year that ended in Oct. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=20.526/( (24.319+21.494)/ 2 )
=20.526/22.9065
=0.90

Robinson Europe's Asset Turnover for the quarter that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=6.87/( (25.002+22.368)/ 2 )
=6.87/23.685
=0.29

* 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.


Robinson Europe  (WAR:RBS) Asset Turnover Explanation

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

Robinson Europe's annulized ROE % for the quarter that ended in Jul. 2024 is

ROE %**(Q: Jul. 2024 )
=Net Income/Total Stockholders Equity
=1.24/14.348
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.24 / 27.48)*(27.48 / 23.685)*(23.685/ 14.348)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.51 %*1.1602*1.6508
=ROA %*Equity Multiplier
=5.24 %*1.6508
=8.64 %

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

Robinson Europe's annulized ROA % for the quarter that ended in Jul. 2024 is

ROA %(Q: Jul. 2024 )
=Net Income/Total Assets
=1.24/23.685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.24 / 27.48)*(27.48 / 23.685)
=Net Margin %*Asset Turnover
=4.51 %*1.1602
=5.24 %

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


Robinson Europe Asset Turnover Related Terms

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Robinson Europe Business Description

Traded in Other Exchanges
N/A
Address
Ulica Lajkonika 34, Bielsko-Biala, POL, 43-382
Robinson Europe SA is engaged in the sale of fishing tackle such as reels, fishing rods, baits, fishing lines, hooks, lures, fishing clothes and a wide range of accessories. The company offers modern equipment for anglers of different methods.

Robinson Europe Headlines

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