GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Varia US Properties Ltd (XSWX:VARN) » Definitions » Asset Turnover

Varia US Properties (XSWX:VARN) Asset Turnover : 0.02 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Varia US Properties Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Varia US Properties's Revenue for the three months ended in Sep. 2024 was CHF22.54 Mil. Varia US Properties's Total Assets for the quarter that ended in Sep. 2024 was CHF1,122.73 Mil. Therefore, Varia US Properties's Asset Turnover for the quarter that ended in Sep. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Varia US Properties's annualized ROE % for the quarter that ended in Sep. 2024 was 1.06%. It is also linked to ROA % through Du Pont Formula. Varia US Properties's annualized ROA % for the quarter that ended in Sep. 2024 was 0.30%.


Varia US Properties Asset Turnover Historical Data

The historical data trend for Varia US Properties'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.

Varia US Properties Asset Turnover Chart

Varia US Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.10 0.09 0.09 0.08 0.08

Varia US Properties Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Varia US Properties's Asset Turnover

For the Real Estate Services subindustry, Varia US Properties'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.


Varia US Properties's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Varia US Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Varia US Properties's Asset Turnover falls into.



Varia US Properties Asset Turnover Calculation

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

Varia US Properties's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=107.226/( (1675.793+1182.068)/ 2 )
=107.226/1428.9305
=0.08

Varia US Properties's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=22.542/( (1173.747+1071.709)/ 2 )
=22.542/1122.728
=0.02

* 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.


Varia US Properties  (XSWX:VARN) Asset Turnover Explanation

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

Varia US Properties's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=3.336/313.538
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.336 / 90.168)*(90.168 / 1122.728)*(1122.728/ 313.538)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.7 %*0.0803*3.5808
=ROA %*Equity Multiplier
=0.30 %*3.5808
=1.06 %

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

Varia US Properties's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=3.336/1122.728
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.336 / 90.168)*(90.168 / 1122.728)
=Net Margin %*Asset Turnover
=3.7 %*0.0803
=0.30 %

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


Varia US Properties Asset Turnover Related Terms

Thank you for viewing the detailed overview of Varia US Properties's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Varia US Properties Business Description

Traded in Other Exchanges
Address
Gubelstrasse 19, Zug, CHE, CH-6300
Varia US Properties Ltd is a Swiss-based company exclusively investing in the United States residential real estate market. It focuses on secondary and tertiary areas characterized by population, employment growth, and limited housing offering. It invests in low to moderate-income and workforce multifamily housing properties. It operates in the sole segment of investment property, and the majority of revenue comes from Rental income.

Varia US Properties Headlines

No Headlines