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Speed Rabbit Pizza (XPAR:MLSRP) Asset Turnover : 0.04 (As of Dec. 2021)


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What is Speed Rabbit Pizza Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Speed Rabbit Pizza's Revenue for the six months ended in Dec. 2021 was €0.74 Mil. Speed Rabbit Pizza's Total Assets for the quarter that ended in Dec. 2021 was €17.36 Mil. Therefore, Speed Rabbit Pizza's Asset Turnover for the quarter that ended in Dec. 2021 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Speed Rabbit Pizza's annualized ROE % for the quarter that ended in Dec. 2021 was 7.74%. It is also linked to ROA % through Du Pont Formula. Speed Rabbit Pizza's annualized ROA % for the quarter that ended in Dec. 2021 was 3.25%.


Speed Rabbit Pizza Asset Turnover Historical Data

The historical data trend for Speed Rabbit Pizza'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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Speed Rabbit Pizza Asset Turnover Chart

Speed Rabbit Pizza Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
0.12 0.10 0.08 0.70 0.04

Speed Rabbit Pizza Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover 0.12 0.10 0.08 0.70 0.04

Competitive Comparison of Speed Rabbit Pizza's Asset Turnover

For the Food Distribution subindustry, Speed Rabbit Pizza'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.


Speed Rabbit Pizza's Asset Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Speed Rabbit Pizza's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Speed Rabbit Pizza's Asset Turnover falls into.



Speed Rabbit Pizza Asset Turnover Calculation

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

Speed Rabbit Pizza's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=0.741/( (17.942+16.773)/ 2 )
=0.741/17.3575
=0.04

Speed Rabbit Pizza's Asset Turnover for the quarter that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Dec. 2021 ))/ count )
=0.741/( (17.942+16.773)/ 2 )
=0.741/17.3575
=0.04

* 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.


Speed Rabbit Pizza  (XPAR:MLSRP) Asset Turnover Explanation

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

Speed Rabbit Pizza's annulized ROE % for the quarter that ended in Dec. 2021 is

ROE %**(Q: Dec. 2021 )
=Net Income/Total Stockholders Equity
=0.564/7.2865
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.564 / 1.482)*(1.482 / 17.3575)*(17.3575/ 7.2865)
=Net Margin %*Asset Turnover*Equity Multiplier
=38.06 %*0.0854*2.3821
=ROA %*Equity Multiplier
=3.25 %*2.3821
=7.74 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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:

Speed Rabbit Pizza's annulized ROA % for the quarter that ended in Dec. 2021 is

ROA %(Q: Dec. 2021 )
=Net Income/Total Assets
=0.564/17.3575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.564 / 1.482)*(1.482 / 17.3575)
=Net Margin %*Asset Turnover
=38.06 %*0.0854
=3.25 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2021) net income data. The Revenue data used here is two times the semi-annual (Dec. 2021) 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.


Speed Rabbit Pizza Asset Turnover Related Terms

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Speed Rabbit Pizza (XPAR:MLSRP) Business Description

Traded in Other Exchanges
N/A
Address
72 rue Jules Guesde, Levallois-Perret, FRA, 92695
Speed Rabbit Pizza SA is a pizza home delivery company. The Company is engaged in management, promotion, running and development of a network of franchises and also in running Company-owned stores belonging to the Company's subsidiaries. Its products include salads, pizzas, starters, desserts, drinks among others.

Speed Rabbit Pizza (XPAR:MLSRP) Headlines

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