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GeoJunxion NV (XAMS:GOJXN) Asset Turnover : 0.30 (As of Jun. 2023)


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What is GeoJunxion NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GeoJunxion NV's Revenue for the six months ended in Jun. 2023 was €3.37 Mil. GeoJunxion NV's Total Assets for the quarter that ended in Jun. 2023 was €11.24 Mil. Therefore, GeoJunxion NV's Asset Turnover for the quarter that ended in Jun. 2023 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. GeoJunxion NV's annualized ROE % for the quarter that ended in Jun. 2023 was 0.72%. It is also linked to ROA % through Du Pont Formula. GeoJunxion NV's annualized ROA % for the quarter that ended in Jun. 2023 was 0.50%.


GeoJunxion NV Asset Turnover Historical Data

The historical data trend for GeoJunxion NV'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.

GeoJunxion NV Asset Turnover Chart

GeoJunxion NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.21 0.21 0.30

GeoJunxion NV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 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 0.06 0.08 0.21 0.21 0.30

Competitive Comparison of GeoJunxion NV's Asset Turnover

For the Software - Application subindustry, GeoJunxion NV'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.


GeoJunxion NV's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, GeoJunxion NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GeoJunxion NV's Asset Turnover falls into.



GeoJunxion NV Asset Turnover Calculation

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

GeoJunxion NV'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 )
=3.368/( (11.097+11.375)/ 2 )
=3.368/11.236
=0.30

GeoJunxion NV'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: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=3.368/( (11.097+11.375)/ 2 )
=3.368/11.236
=0.30

* 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.


GeoJunxion NV  (XAMS:GOJXN) Asset Turnover Explanation

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

GeoJunxion NV's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=0.056/7.7965
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.056 / 6.736)*(6.736 / 11.236)*(11.236/ 7.7965)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.83 %*0.5995*1.4412
=ROA %*Equity Multiplier
=0.50 %*1.4412
=0.72 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

GeoJunxion NV's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=0.056/11.236
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.056 / 6.736)*(6.736 / 11.236)
=Net Margin %*Asset Turnover
=0.83 %*0.5995
=0.50 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


GeoJunxion NV Asset Turnover Related Terms

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GeoJunxion NV (XAMS:GOJXN) Business Description

Traded in Other Exchanges
N/A
Address
Rivium Quadrant 75, 9th Floor, Capelle aan den IJssel, ZH, NLD, 2909 LC
GeoJunxion NV manufactures and supplies digital maps that are used for location-based services for mobile phones, the internet, and desktop applications. The company's digital maps are used in smartphones, car navigation, internet-based mapping, fleet management, and other applications. It also focuses on providing location-based services, location-based marketing, internet and wireless, logistics and fleet management, and geo-informatics services. The company earns maximum revenue by granting licenses to use the geographic data drawn from the database. Geographically the company earns revenue from the Europe and North America regions, of which the majority of the revenue is derived from North America.

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