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Zur Shamir Holdings (XTAE:ZUR) Asset Turnover : 0.06 (As of Dec. 2024)


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What is Zur Shamir Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Zur Shamir Holdings's Revenue for the three months ended in Dec. 2024 was ₪1,264 Mil. Zur Shamir Holdings's Total Assets for the quarter that ended in Dec. 2024 was ₪22,188 Mil. Therefore, Zur Shamir Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Zur Shamir Holdings's annualized ROE % for the quarter that ended in Dec. 2024 was 21.12%. It is also linked to ROA % through Du Pont Formula. Zur Shamir Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 0.52%.


Zur Shamir Holdings Asset Turnover Historical Data

The historical data trend for Zur Shamir Holdings'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.

Zur Shamir Holdings Asset Turnover Chart

Zur Shamir Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.20 0.20 0.22 0.25

Zur Shamir Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.05 0.06 0.06 0.06 0.06

Competitive Comparison of Zur Shamir Holdings's Asset Turnover

For the Insurance - Property & Casualty subindustry, Zur Shamir Holdings'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.


Zur Shamir Holdings's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zur Shamir Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Zur Shamir Holdings's Asset Turnover falls into.


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Zur Shamir Holdings Asset Turnover Calculation

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

Zur Shamir Holdings's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=5260.541/( (20547.562+22057.793)/ 2 )
=5260.541/21302.6775
=0.25

Zur Shamir Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1263.822/( (22318.164+22057.793)/ 2 )
=1263.822/22187.9785
=0.06

* 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.


Zur Shamir Holdings  (XTAE:ZUR) Asset Turnover Explanation

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

Zur Shamir Holdings's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=115.216/545.533
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(115.216 / 5055.288)*(5055.288 / 22187.9785)*(22187.9785/ 545.533)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.28 %*0.2278*40.6721
=ROA %*Equity Multiplier
=0.52 %*40.6721
=21.12 %

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

Zur Shamir Holdings's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=115.216/22187.9785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(115.216 / 5055.288)*(5055.288 / 22187.9785)
=Net Margin %*Asset Turnover
=2.28 %*0.2278
=0.52 %

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


Zur Shamir Holdings Asset Turnover Related Terms

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


Zur Shamir Holdings Business Description

Traded in Other Exchanges
N/A
Address
35 Efal Street, Petach Tikva, ISR, 4951132
Zur Shamir Holdings Ltd is engaged in providing services in the insurance market, consumer credit, and real estate. The company's operating segment includes life assurance and long term savings, Health insurance, General insurance, Granting of consumer credit and Investment property. General insurance segment includes the lines of a motor act, motor casco, property and others and other liabilities. The Granting of consumer credit segment Includes granting of consumer credit activity for the acquisition of vehicles and others. It generates maximum revenue from the General insurance segment.

Zur Shamir Holdings Headlines

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