GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bonei Hatichon Civil Engineering & Infrastructures Ltd (XTAE:BOTI) » Definitions » Asset Turnover

Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Asset Turnover : 0.05 (As of Jun. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Bonei Hatichon Civil Engineering & Infrastructures Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bonei Hatichon Civil Engineering & Infrastructures's Revenue for the three months ended in Jun. 2023 was ₪59.5 Mil. Bonei Hatichon Civil Engineering & Infrastructures's Total Assets for the quarter that ended in Jun. 2023 was ₪1,113.2 Mil. Therefore, Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover for the quarter that ended in Jun. 2023 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Bonei Hatichon Civil Engineering & Infrastructures's annualized ROE % for the quarter that ended in Jun. 2023 was 8.15%. It is also linked to ROA % through Du Pont Formula. Bonei Hatichon Civil Engineering & Infrastructures's annualized ROA % for the quarter that ended in Jun. 2023 was 1.62%.


Bonei Hatichon Civil Engineering & Infrastructures Asset Turnover Historical Data

The historical data trend for Bonei Hatichon Civil Engineering & Infrastructures'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.

Bonei Hatichon Civil Engineering & Infrastructures Asset Turnover Chart

Bonei Hatichon Civil Engineering & Infrastructures Annual Data
Trend Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial 0.38 0.31 0.70 0.50 0.52

Bonei Hatichon Civil Engineering & Infrastructures Quarterly Data
Dec16 Dec17 Dec18 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 - - 0.10 0.05

Competitive Comparison of Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover

For the Real Estate Services subindustry, Bonei Hatichon Civil Engineering & Infrastructures'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.


Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover falls into.



Bonei Hatichon Civil Engineering & Infrastructures Asset Turnover Calculation

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

Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=539.231/( (1039.738+1024.515)/ 2 )
=539.231/1032.1265
=0.52

Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=59.532/( (1139.918+1086.523)/ 2 )
=59.532/1113.2205
=0.05

* 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.


Bonei Hatichon Civil Engineering & Infrastructures  (XTAE:BOTI) Asset Turnover Explanation

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

Bonei Hatichon Civil Engineering & Infrastructures's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=18.088/221.8045
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(18.088 / 238.128)*(238.128 / 1113.2205)*(1113.2205/ 221.8045)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.6 %*0.2139*5.0189
=ROA %*Equity Multiplier
=1.62 %*5.0189
=8.15 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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:

Bonei Hatichon Civil Engineering & Infrastructures's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=18.088/1113.2205
=(Net Income / Revenue)*(Revenue / Total Assets)
=(18.088 / 238.128)*(238.128 / 1113.2205)
=Net Margin %*Asset Turnover
=7.6 %*0.2139
=1.62 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) net income data. The Revenue data used here is four times the quarterly (Jun. 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.


Bonei Hatichon Civil Engineering & Infrastructures Asset Turnover Related Terms

Thank you for viewing the detailed overview of Bonei Hatichon Civil Engineering & Infrastructures's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Business Description

Traded in Other Exchanges
N/A
Address
Boney Hatihon 26 HaRokmim Street, Building B, Floor 5, PO Box 613, Holon, ISR, 8122504
Bonei Hatichon Civil Engineering & Infrastructures Ltd. provides construction and real estate services. It is engaged in initiating, developing, marketing and managing residential, luxury and commercial development.

Bonei Hatichon Civil Engineering & Infrastructures (XTAE:BOTI) Headlines

No Headlines