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Cinkarna Celje (XLJU:CICG) Asset Turnover : 0.18 (As of Dec. 2024)


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What is Cinkarna Celje Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cinkarna Celje's Revenue for the three months ended in Dec. 2024 was €46.8 Mil. Cinkarna Celje's Total Assets for the quarter that ended in Dec. 2024 was €258.9 Mil. Therefore, Cinkarna Celje's Asset Turnover for the quarter that ended in Dec. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Cinkarna Celje's annualized ROE % for the quarter that ended in Dec. 2024 was 16.34%. It is also linked to ROA % through Du Pont Formula. Cinkarna Celje's annualized ROA % for the quarter that ended in Dec. 2024 was 13.07%.


Cinkarna Celje Asset Turnover Historical Data

The historical data trend for Cinkarna Celje'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.

Cinkarna Celje Asset Turnover Chart

Cinkarna Celje Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.85 0.92 0.69 0.75

Cinkarna Celje Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.16 0.19 0.22 0.21 0.18

Competitive Comparison of Cinkarna Celje's Asset Turnover

For the Specialty Chemicals subindustry, Cinkarna Celje'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.


Cinkarna Celje's Asset Turnover Distribution in the Chemicals Industry

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

* The bar in red indicates where Cinkarna Celje's Asset Turnover falls into.



Cinkarna Celje Asset Turnover Calculation

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

Cinkarna Celje'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 )
=200.285/( (259.916+271.354)/ 2 )
=200.285/265.635
=0.75

Cinkarna Celje's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=46.753/( (246.433+271.354)/ 2 )
=46.753/258.8935
=0.18

* 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.


Cinkarna Celje  (XLJU:CICG) Asset Turnover Explanation

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

Cinkarna Celje's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=33.84/207.041
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.84 / 187.012)*(187.012 / 258.8935)*(258.8935/ 207.041)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.1 %*0.7224*1.2504
=ROA %*Equity Multiplier
=13.07 %*1.2504
=16.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Cinkarna Celje's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=33.84/258.8935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(33.84 / 187.012)*(187.012 / 258.8935)
=Net Margin %*Asset Turnover
=18.1 %*0.7224
=13.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Cinkarna Celje Asset Turnover Related Terms

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Cinkarna Celje Business Description

Traded in Other Exchanges
N/A
Address
Kidriceva 26, Celje, SVN, 3000
Cinkarna Celje is principally engaged in the production and marketing of titanium dioxide pigment. The company has five operating segments; The titanium dioxides segment comprises the sale of titanium dioxide pigment, Zinc processing segment comprises sales of metallurgical products, Paints, varnishes, mastics, and printing inks segment, the Agro programme segment comprises sales of copper fungicides and Humovit, and the Other segment comprises sales of CEGIPS, sulphuric acid, polymers, service activities, holiday accommodation, etc. The company's geographical segments are Slovenia, the European Union, third countries, and the markets of the former Yugoslavia.

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