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Salvatore Ferragamo SpA (WBO:SFER) Asset Turnover : 0.00 (As of Jun. 2023)


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What is Salvatore Ferragamo SpA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Salvatore Ferragamo SpA's Revenue for the three months ended in Jun. 2023 was €0 Mil. Salvatore Ferragamo SpA's Total Assets for the quarter that ended in Jun. 2023 was €1,762 Mil. Therefore, Salvatore Ferragamo SpA's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Salvatore Ferragamo SpA's annualized ROE % for the quarter that ended in Jun. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Salvatore Ferragamo SpA's annualized ROA % for the quarter that ended in Jun. 2023 was 0.00%.


Salvatore Ferragamo SpA Asset Turnover Historical Data

The historical data trend for Salvatore Ferragamo SpA'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.

Salvatore Ferragamo SpA Asset Turnover Chart

Salvatore Ferragamo SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.91 0.49 0.64 0.70

Salvatore Ferragamo SpA Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 0.16 0.19 0.16 0.19 -

Competitive Comparison of Salvatore Ferragamo SpA's Asset Turnover

For the Luxury Goods subindustry, Salvatore Ferragamo SpA'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.


Salvatore Ferragamo SpA's Asset Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Salvatore Ferragamo SpA's Asset Turnover falls into.



Salvatore Ferragamo SpA Asset Turnover Calculation

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

Salvatore Ferragamo SpA's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=1251.808/( (1849.055+1720.29)/ 2 )
=1251.808/1784.6725
=0.70

Salvatore Ferragamo SpA's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (1720.29+1803.482)/ 2 )
=0/1761.886
=0.00

* 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.


Salvatore Ferragamo SpA  (WBO:SFER) Asset Turnover Explanation

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

Salvatore Ferragamo SpA's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0/743.389
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 1761.886)*(1761.886/ 743.389)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.3701
=ROA %*Equity Multiplier
=0.00 %*2.3701
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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:

Salvatore Ferragamo SpA's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=0/1761.886
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 1761.886)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 2023) 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.


Salvatore Ferragamo SpA Asset Turnover Related Terms

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Salvatore Ferragamo SpA (WBO:SFER) Business Description

Address
Via dei Tornabuoni 2, Firenze, ITA, 50123
Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (WBO:SFER) Headlines

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