GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Realco NV (XBRU:REAL) » Definitions » Asset Turnover

Realco NV (XBRU:REAL) Asset Turnover : 0.63 (As of Dec. 2022)


View and export this data going back to 2006. Start your Free Trial

What is Realco 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. Realco NV's Revenue for the six months ended in Dec. 2022 was €9.72 Mil. Realco NV's Total Assets for the quarter that ended in Dec. 2022 was €15.37 Mil. Therefore, Realco NV's Asset Turnover for the quarter that ended in Dec. 2022 was 0.63.

Asset Turnover is linked to ROE % through Du Pont Formula. Realco NV's annualized ROE % for the quarter that ended in Dec. 2022 was 3.18%. It is also linked to ROA % through Du Pont Formula. Realco NV's annualized ROA % for the quarter that ended in Dec. 2022 was 1.61%.


Realco NV Asset Turnover Historical Data

The historical data trend for Realco 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.

Realco NV Asset Turnover Chart

Realco NV 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 1.38 1.44 1.28 1.11 0.63

Realco NV Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 1.38 1.44 1.28 1.11 0.63

Competitive Comparison of Realco NV's Asset Turnover

For the Household & Personal Products subindustry, Realco 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.


Realco NV's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Realco NV's Asset Turnover distribution charts can be found below:

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



Realco NV Asset Turnover Calculation

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

Realco NV'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 )
=9.723/( (13.359+17.39)/ 2 )
=9.723/15.3745
=0.63

Realco NV's Asset Turnover for the quarter that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=9.723/( (13.359+17.39)/ 2 )
=9.723/15.3745
=0.63

* 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.


Realco NV  (XBRU:REAL) Asset Turnover Explanation

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

Realco NV's annulized ROE % for the quarter that ended in Dec. 2022 is

ROE %**(Q: Dec. 2022 )
=Net Income/Total Stockholders Equity
=0.248/7.81
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.248 / 19.446)*(19.446 / 15.3745)*(15.3745/ 7.81)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.28 %*1.2648*1.9686
=ROA %*Equity Multiplier
=1.61 %*1.9686
=3.18 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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:

Realco NV's annulized ROA % for the quarter that ended in Dec. 2022 is

ROA %(Q: Dec. 2022 )
=Net Income/Total Assets
=0.248/15.3745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.248 / 19.446)*(19.446 / 15.3745)
=Net Margin %*Asset Turnover
=1.28 %*1.2648
=1.61 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) net income data. The Revenue data used here is two times the semi-annual (Dec. 2022) 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.


Realco NV Asset Turnover Related Terms

Thank you for viewing the detailed overview of Realco NV's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Realco NV (XBRU:REAL) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Albert Einstein 15, Louvain-la-Neuve, BEL, 1348
Realco NV Formerly Realco SA is specializes in environmental biotechnology. It develops makes and sells cleaning and purification products based on enzymes and green chemistry technology.