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Reisswolf Bulgaria AD (XBUL:RSW) Asset Turnover : 0.07 (As of Sep. 2024)


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What is Reisswolf Bulgaria AD Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Reisswolf Bulgaria AD's Revenue for the six months ended in Sep. 2024 was лв1.26 Mil. Reisswolf Bulgaria AD's Total Assets for the quarter that ended in Sep. 2024 was лв18.14 Mil. Therefore, Reisswolf Bulgaria AD's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Reisswolf Bulgaria AD's annualized ROE % for the quarter that ended in Sep. 2024 was 0.65%. It is also linked to ROA % through Du Pont Formula. Reisswolf Bulgaria AD's annualized ROA % for the quarter that ended in Sep. 2024 was 0.34%.


Reisswolf Bulgaria AD Asset Turnover Historical Data

The historical data trend for Reisswolf Bulgaria AD'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.

Reisswolf Bulgaria AD Asset Turnover Chart

Reisswolf Bulgaria AD Annual Data
Trend Dec23 Dec24
Asset Turnover
- 0.09

Reisswolf Bulgaria AD Semi-Annual Data
Sep23 Sep24
Asset Turnover - 0.07

Competitive Comparison of Reisswolf Bulgaria AD's Asset Turnover

For the Information Technology Services subindustry, Reisswolf Bulgaria AD'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.


Reisswolf Bulgaria AD's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Reisswolf Bulgaria AD's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Reisswolf Bulgaria AD's Asset Turnover falls into.



Reisswolf Bulgaria AD Asset Turnover Calculation

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

Reisswolf Bulgaria AD's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=2.521/( (0+26.918)/ 1 )
=2.521/26.918
=0.09

Reisswolf Bulgaria AD's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Sep. 2024 ))/ count )
=1.264/( (0+18.14)/ 1 )
=1.264/18.14
=0.07

* 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.


Reisswolf Bulgaria AD  (XBUL:RSW) Asset Turnover Explanation

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

Reisswolf Bulgaria AD's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0.062/9.611
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.062 / 2.528)*(2.528 / 18.14)*(18.14/ 9.611)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.45 %*0.1394*1.8874
=ROA %*Equity Multiplier
=0.34 %*1.8874
=0.65 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

Reisswolf Bulgaria AD's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=0.062/18.14
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.062 / 2.528)*(2.528 / 18.14)
=Net Margin %*Asset Turnover
=2.45 %*0.1394
=0.34 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Reisswolf Bulgaria AD Asset Turnover Related Terms

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Reisswolf Bulgaria AD Business Description

Traded in Other Exchanges
N/A
Address
10 Europa Boulevard, Logistics Park Bozhurishte, Bozhurishte, BGR, PK 2227
Reisswolf Bulgaria AD is a closed cycle of services for complete information protection. Its digital services include Digital Management, Scanning and image processing, DMS solutions, and Backup software.

Reisswolf Bulgaria AD Headlines