GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » HomeToGo SE (XTER:HTG) » Definitions » Asset Turnover

HomeToGo SE (XTER:HTG) Asset Turnover : 0.22 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is HomeToGo SE Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HomeToGo SE's Revenue for the three months ended in Sep. 2024 was €87.4 Mil. HomeToGo SE's Total Assets for the quarter that ended in Sep. 2024 was €400.0 Mil. Therefore, HomeToGo SE's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. HomeToGo SE's annualized ROE % for the quarter that ended in Sep. 2024 was 39.69%. It is also linked to ROA % through Du Pont Formula. HomeToGo SE's annualized ROA % for the quarter that ended in Sep. 2024 was 23.83%.


HomeToGo SE Asset Turnover Historical Data

The historical data trend for HomeToGo SE'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.

HomeToGo SE Asset Turnover Chart

HomeToGo SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.93 0.78 0.40 0.41 0.48

HomeToGo SE Quarterly Data
Dec17 Dec18 Dec19 Sep20 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 0.22 0.07 0.11 0.14 0.22

Competitive Comparison of HomeToGo SE's Asset Turnover

For the Internet Content & Information subindustry, HomeToGo SE'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.


HomeToGo SE's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, HomeToGo SE's Asset Turnover distribution charts can be found below:

* The bar in red indicates where HomeToGo SE's Asset Turnover falls into.


;
;

HomeToGo SE Asset Turnover Calculation

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

HomeToGo SE'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 )
=162.033/( (350.001+323.953)/ 2 )
=162.033/336.977
=0.48

HomeToGo SE'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 )
=87.383/( (396.779+403.291)/ 2 )
=87.383/400.035
=0.22

* 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.


HomeToGo SE  (XTER:HTG) Asset Turnover Explanation

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

HomeToGo SE's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=95.344/240.233
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(95.344 / 349.532)*(349.532 / 400.035)*(400.035/ 240.233)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.28 %*0.8738*1.6652
=ROA %*Equity Multiplier
=23.83 %*1.6652
=39.69 %

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:

HomeToGo SE's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=95.344/400.035
=(Net Income / Revenue)*(Revenue / Total Assets)
=(95.344 / 349.532)*(349.532 / 400.035)
=Net Margin %*Asset Turnover
=27.28 %*0.8738
=23.83 %

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.


HomeToGo SE Asset Turnover Related Terms

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


HomeToGo SE Business Description

Traded in Other Exchanges
Address
Pappelallee 78/79, Berlin, DEU, 10437
HomeToGo SE is a marketplace with a selection of vacation rentals. Its portfolio has renowned accommodations from vacation homes, cabins, beach houses, apartments, condos, houseboats, castles, farm stays, and many more properties.
Executives
Patrick Andrae CEO, Member of the Management Board
Steffen Schneider Member of the Management Board
Christoph Schuh Chairman of the Supervisory Board
Reiter Startup Ltd, Person Closely Associated With Martin Reiter Supervisory Board
Wolfgang Heigl Member of the Management Board
Philipp Kloeckner Supervisory Board
Dr. Dirk Altenbeck Supervisory Board
Winners Co. Gmbh PCA with Stefan Winners (member of the management board)

HomeToGo SE Headlines

No Headlines