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Vranken Pommery Monopole (XBRU:VRAP) Asset Turnover : 0.17 (As of Dec. 2023)


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What is Vranken Pommery Monopole Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vranken Pommery Monopole's Revenue for the six months ended in Dec. 2023 was €220.7 Mil. Vranken Pommery Monopole's Total Assets for the quarter that ended in Dec. 2023 was €1,306.3 Mil. Therefore, Vranken Pommery Monopole's Asset Turnover for the quarter that ended in Dec. 2023 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. Vranken Pommery Monopole's annualized ROE % for the quarter that ended in Dec. 2023 was 3.97%. It is also linked to ROA % through Du Pont Formula. Vranken Pommery Monopole's annualized ROA % for the quarter that ended in Dec. 2023 was 1.24%.


Vranken Pommery Monopole Asset Turnover Historical Data

The historical data trend for Vranken Pommery Monopole'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.

Vranken Pommery Monopole Asset Turnover Chart

Vranken Pommery Monopole 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 0.24 0.21 0.19 0.24 0.26

Vranken Pommery Monopole Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.17 0.09 0.18 0.09 0.17

Competitive Comparison of Vranken Pommery Monopole's Asset Turnover

For the Beverages - Wineries & Distilleries subindustry, Vranken Pommery Monopole'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.


Vranken Pommery Monopole's Asset Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vranken Pommery Monopole's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vranken Pommery Monopole's Asset Turnover falls into.



Vranken Pommery Monopole Asset Turnover Calculation

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

Vranken Pommery Monopole'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 )
=334.459/( (1240.985+1301.413)/ 2 )
=334.459/1271.199
=0.26

Vranken Pommery Monopole's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=220.679/( (1275.817+1336.808)/ 2 )
=220.679/1306.3125
=0.17

* 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.


Vranken Pommery Monopole  (XBRU:VRAP) Asset Turnover Explanation

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

Vranken Pommery Monopole's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=16.168/407.0575
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.168 / 441.358)*(441.358 / 1306.3125)*(1306.3125/ 407.0575)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.66 %*0.3379*3.2092
=ROA %*Equity Multiplier
=1.24 %*3.2092
=3.97 %

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

Vranken Pommery Monopole's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=16.168/1306.3125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.168 / 441.358)*(441.358 / 1306.3125)
=Net Margin %*Asset Turnover
=3.66 %*0.3379
=1.24 %

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


Vranken Pommery Monopole Asset Turnover Related Terms

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Vranken Pommery Monopole (XBRU:VRAP) Business Description

Traded in Other Exchanges
Address
5 place General Gouraud, Cedex 2, BP 1049, Reims, FRA, 51689
Vranken Pommery Monopole is engaged in production and distribution of Champagnes and is also involved in distribution of rose wine. Its brands include Champagne Pommery, Vranken's Demoiselle and Diamant Champagnes, Charles Lafitte and Heidsieck Monopole.

Vranken Pommery Monopole (XBRU:VRAP) Headlines

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