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Berger Paints Jamaica (XJAM:BRG) Asset Turnover : 1.56 (As of Dec. 2008)


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What is Berger Paints Jamaica Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Berger Paints Jamaica's Revenue for the six months ended in Dec. 2008 was JMD Mil. Berger Paints Jamaica's Total Assets for the quarter that ended in Dec. 2008 was JMD Mil. Therefore, Berger Paints Jamaica's Asset Turnover for the quarter that ended in Dec. 2008 was 1.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Berger Paints Jamaica's annualized ROE % for the quarter that ended in Dec. 2008 was %. It is also linked to ROA % through Du Pont Formula. Berger Paints Jamaica's annualized ROA % for the quarter that ended in Dec. 2008 was %.


Berger Paints Jamaica Asset Turnover Historical Data

The historical data trend for Berger Paints Jamaica'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.

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Berger Paints Jamaica Asset Turnover Chart

Berger Paints Jamaica Annual Data
Trend Dec08
Asset Turnover
1.56

Berger Paints Jamaica Semi-Annual Data
Dec08
Asset Turnover 1.56

Competitive Comparison of Berger Paints Jamaica's Asset Turnover

For the Specialty Chemicals subindustry, Berger Paints Jamaica'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.


Berger Paints Jamaica's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Berger Paints Jamaica's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Berger Paints Jamaica's Asset Turnover falls into.



Berger Paints Jamaica Asset Turnover Calculation

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

Berger Paints Jamaica's Asset Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2008 )/( (Total Assets (A: . 20 )+Total Assets (A: Dec. 2008 ))/ count )
=/( (+)/ )
=/
=

Berger Paints Jamaica's Asset Turnover for the quarter that ended in Dec. 2008 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2008 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Dec. 2008 ))/ count )
=/( (+)/ )
=/
=

* 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.


Berger Paints Jamaica  (XJAM:BRG) Asset Turnover Explanation

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

Berger Paints Jamaica's annulized ROE % for the quarter that ended in Dec. 2008 is

ROE %**(Q: Dec. 2008 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (Dec. 2008) net income data. The Revenue data used here is two times the semi-annual (Dec. 2008) 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:

Berger Paints Jamaica's annulized ROA % for the quarter that ended in Dec. 2008 is

ROA %(Q: Dec. 2008 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is two times the semi-annual (Dec. 2008) net income data. The Revenue data used here is two times the semi-annual (Dec. 2008) 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.


Berger Paints Jamaica Asset Turnover Related Terms

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Berger Paints Jamaica (XJAM:BRG) Business Description

Traded in Other Exchanges
N/A
Address
256 Spanish Town Road, P O Box 8, Kingston, JAM, 11
Berger Paints Jamaica Ltd is engaged in the manufacturing and distribution of paint and paint related products. The company's products and services include consumer service, protective coatings, marine paints and architectural and wood finishes. It offers paints, primers, textures, wood finishes, and light industrial finishes. It serves homes and institutions. The group has a strong presence in five regions of the world, including Middle East, South Asia, South East Asia, South Pacific, and the Caribbean, through its five corporate brands - Berger International, Asian Paints, SCIB Paints, Apco Coatings, Taubmans, and Kadisco.

Berger Paints Jamaica (XJAM:BRG) Headlines

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