Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gazprom Neft PJSC's Revenue for the
six
months ended in Jun. 2023 was €17,655 Mil. Gazprom Neft PJSC's Total Assets for the quarter that ended in Jun. 2023 was €58,852 Mil. Therefore, Gazprom Neft PJSC's Asset Turnover for the quarter that ended in Jun. 2023 was 0.30.
Asset Turnover is linked to ROE % through Du Pont Formula. Gazprom Neft PJSC's annualizedROE % for the quarter that ended in Jun. 2023 was 20.50%. It is also linked to ROA % through Du Pont Formula. Gazprom Neft PJSC's annualizedROA % for the quarter that ended in Jun. 2023 was 11.77%.
Gazprom Neft PJSC (XTER:SCF) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Gazprom Neft PJSC's annulizedROE % for the quarter that ended in Jun. 2023 is
Note:
The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (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:
Gazprom Neft PJSC's annulizedROA % for the quarter that ended in Jun. 2023 is
Note:
The Net Income data used here is two times the semi-annual (Jun. 2023) net income data. The Revenue data used here is two times the semi-annual (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.
Gazprom Neft PJSC Asset Turnover Related Terms
Gazprom Neft PJSC Asset Turnover Historical Data
* Premium members only.
The historical data trend for Gazprom Neft PJSC'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.
For the Oil & Gas Integrated subindustry, Gazprom Neft PJSC'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.
Gazprom Neft PJSC Asset Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gazprom Neft PJSC's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Gazprom Neft PJSC's Asset Turnover falls into.
* 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.
Gazprom Neft PJSC (XTER:SCF) has a Asset Turnover of 0.30 as of Jun. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Gazprom Neft PJSC and its competitors.
Is Gazprom Neft PJSC's Asset Turnover too high?
Gazprom Neft PJSC's current Asset Turnover is 0.30. Overall, Gazprom Neft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom Neft PJSC's Asset Turnover compare to XOM and CVX?
Gazprom Neft PJSC's Asset Turnover of 0.30 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Oil & Gas company?
A good Asset Turnover depends on the Oil & Gas industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Gazprom Neft PJSC and its competitors. Gazprom Neft PJSC's current Asset Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom Neft PJSC stock overvalued right now?
Gazprom Neft PJSC (XTER:SCF) has a current Asset Turnover of 0.30. The current Asset Turnover is 0.30. Gazprom Neft PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Gazprom Neft PJSC (XTER:SCF), the current Asset Turnover is 0.30 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
17GF Score
Get the complete analysis for XTER:SCF
Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XTER:SCF has been successfully added to your 
