GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Burckhardt Compression Holding AG (XSWX:BCHN) » Definitions » Asset Turnover

Burckhardt Compression Holding AG (XSWX:BCHN) Asset Turnover : 0.42 (As of Sep. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Burckhardt Compression Holding AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Burckhardt Compression Holding AG's Revenue for the six months ended in Sep. 2023 was CHF407.7 Mil. Burckhardt Compression Holding AG's Total Assets for the quarter that ended in Sep. 2023 was CHF972.6 Mil. Therefore, Burckhardt Compression Holding AG's Asset Turnover for the quarter that ended in Sep. 2023 was 0.42.

Asset Turnover is linked to ROE % through Du Pont Formula. Burckhardt Compression Holding AG's annualized ROE % for the quarter that ended in Sep. 2023 was 25.52%. It is also linked to ROA % through Du Pont Formula. Burckhardt Compression Holding AG's annualized ROA % for the quarter that ended in Sep. 2023 was 6.67%.


Burckhardt Compression Holding AG Asset Turnover Historical Data

The historical data trend for Burckhardt Compression Holding AG'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.

Burckhardt Compression Holding AG Asset Turnover Chart

Burckhardt Compression Holding AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.73 0.80 0.82 0.93

Burckhardt Compression Holding AG Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.34 0.46 0.40 0.55 0.42

Competitive Comparison of Burckhardt Compression Holding AG's Asset Turnover

For the Specialty Industrial Machinery subindustry, Burckhardt Compression Holding AG'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.


Burckhardt Compression Holding AG's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Burckhardt Compression Holding AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Burckhardt Compression Holding AG's Asset Turnover falls into.



Burckhardt Compression Holding AG Asset Turnover Calculation

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

Burckhardt Compression Holding AG's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=829.701/( (837.798+940.602)/ 2 )
=829.701/889.2
=0.93

Burckhardt Compression Holding AG's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=407.707/( (940.602+1004.594)/ 2 )
=407.707/972.598
=0.42

* 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.


Burckhardt Compression Holding AG  (XSWX:BCHN) Asset Turnover Explanation

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

Burckhardt Compression Holding AG's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=64.832/254.0035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(64.832 / 815.414)*(815.414 / 972.598)*(972.598/ 254.0035)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.95 %*0.8384*3.8291
=ROA %*Equity Multiplier
=6.67 %*3.8291
=25.52 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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:

Burckhardt Compression Holding AG's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=64.832/972.598
=(Net Income / Revenue)*(Revenue / Total Assets)
=(64.832 / 815.414)*(815.414 / 972.598)
=Net Margin %*Asset Turnover
=7.95 %*0.8384
=6.67 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Burckhardt Compression Holding AG Asset Turnover Related Terms

Thank you for viewing the detailed overview of Burckhardt Compression Holding AG's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Burckhardt Compression Holding AG (XSWX:BCHN) Business Description

Traded in Other Exchanges
Address
Franz-Burckhardt-Strasse 5, P.O. Box 3352, Winterthur, CHE, CH-8404
Burckhardt Compression Holding AG is a Switzerland-based company that manufactures and distributes reciprocating compressors. The company provides customized compressor systems for industries including upstream oil and gas, gas transport and storage, refinery, chemicals, and petrochemical and industrial gas. In addition, the company provides compressor components and related aftermarket services to help clients lower their reciprocating compressor systems' costs. The company has a global presence, with the majority of sales from Europe, Asia, Australia, the Middle East, and North America.

Burckhardt Compression Holding AG (XSWX:BCHN) Headlines

No Headlines