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Cia Logistica de Hidrocarburos CLH (XMAD:CLH.T) Asset Turnover : 0.10 (As of Sep. 2015)


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What is Cia Logistica de Hidrocarburos CLH Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cia Logistica de Hidrocarburos CLH's Revenue for the three months ended in Sep. 2015 was €203.4 Mil. Cia Logistica de Hidrocarburos CLH's Total Assets for the quarter that ended in Sep. 2015 was €2,141.2 Mil. Therefore, Cia Logistica de Hidrocarburos CLH's Asset Turnover for the quarter that ended in Sep. 2015 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Cia Logistica de Hidrocarburos CLH's annualized ROE % for the quarter that ended in Sep. 2015 was 74.43%. It is also linked to ROA % through Du Pont Formula. Cia Logistica de Hidrocarburos CLH's annualized ROA % for the quarter that ended in Sep. 2015 was 9.29%.


Cia Logistica de Hidrocarburos CLH Asset Turnover Historical Data

The historical data trend for Cia Logistica de Hidrocarburos CLH'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.

Cia Logistica de Hidrocarburos CLH Asset Turnover Chart

Cia Logistica de Hidrocarburos CLH Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Asset Turnover
Get a 7-Day Free Trial 0.29 0.28 0.29 0.28 0.27

Cia Logistica de Hidrocarburos CLH Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15
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 0.06 0.09 0.07 0.06 0.10

Competitive Comparison of Cia Logistica de Hidrocarburos CLH's Asset Turnover

For the Oil & Gas Midstream subindustry, Cia Logistica de Hidrocarburos CLH'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.


Cia Logistica de Hidrocarburos CLH's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cia Logistica de Hidrocarburos CLH's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cia Logistica de Hidrocarburos CLH's Asset Turnover falls into.



Cia Logistica de Hidrocarburos CLH Asset Turnover Calculation

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

Cia Logistica de Hidrocarburos CLH's Asset Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=526.275/( (1887.743+1998.529)/ 2 )
=526.275/1943.136
=0.27

Cia Logistica de Hidrocarburos CLH's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=203.418/( (2164.34+2118)/ 2 )
=203.418/2141.17
=0.10

* 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.


Cia Logistica de Hidrocarburos CLH  (XMAD:CLH.T) Asset Turnover Explanation

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

Cia Logistica de Hidrocarburos CLH's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=198.832/267.136
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(198.832 / 813.672)*(813.672 / 2141.17)*(2141.17/ 267.136)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.44 %*0.38*8.0153
=ROA %*Equity Multiplier
=9.29 %*8.0153
=74.43 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

Cia Logistica de Hidrocarburos CLH's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=198.832/2141.17
=(Net Income / Revenue)*(Revenue / Total Assets)
=(198.832 / 813.672)*(813.672 / 2141.17)
=Net Margin %*Asset Turnover
=24.44 %*0.38
=9.29 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Cia Logistica de Hidrocarburos CLH Asset Turnover Related Terms

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Cia Logistica de Hidrocarburos CLH (XMAD:CLH.T) Business Description

Traded in Other Exchanges
N/A
Address
Cia Logistica de Hidrocarburos CLH SA was formed on October 24, 1927. The Company is engaged in the storage, transportation and distribution of oil products in mainland Spain and the Balearic Islands, on behalf of the oil companies that operate in the Spanish market. This activity basically consists of receiving oil products at its facilities - mainly gasolines, diesels, fuel oils, aviation fuels and biofuels - and transporting and storing these products, and final delivery to the company's customers through its tank truck loading facilities. Its segment consists of: the land supplies business segment consists of logistics services comprising storage, transportation and distribution of all kinds of hydrocarbons and chemicals, and their derivatives and waste products, as well as advice and technical assistance in the provision of the services. The air supplies business segment consists of logistics services involving the storage, distribution and serving at airports of all kinds of aircraft fuels and lubricants.

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