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ABOUT YOU Holding SE (XTER:YOU) Asset Turnover : 0.36 (As of Feb. 2024)


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What is ABOUT YOU Holding 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. ABOUT YOU Holding SE's Revenue for the three months ended in Feb. 2024 was €437 Mil. ABOUT YOU Holding SE's Total Assets for the quarter that ended in Feb. 2024 was €1,223 Mil. Therefore, ABOUT YOU Holding SE's Asset Turnover for the quarter that ended in Feb. 2024 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. ABOUT YOU Holding SE's annualized ROE % for the quarter that ended in Feb. 2024 was -45.09%. It is also linked to ROA % through Du Pont Formula. ABOUT YOU Holding SE's annualized ROA % for the quarter that ended in Feb. 2024 was -10.47%.


ABOUT YOU Holding SE Asset Turnover Historical Data

The historical data trend for ABOUT YOU Holding 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.

ABOUT YOU Holding SE Asset Turnover Chart

ABOUT YOU Holding SE Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
2.42 3.05 2.11 1.61 1.66

ABOUT YOU Holding SE Quarterly Data
Feb20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.33 0.43 0.37 0.44 0.36

Competitive Comparison of ABOUT YOU Holding SE's Asset Turnover

For the Internet Retail subindustry, ABOUT YOU Holding 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.


ABOUT YOU Holding SE's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ABOUT YOU Holding SE's Asset Turnover distribution charts can be found below:

* The bar in red indicates where ABOUT YOU Holding SE's Asset Turnover falls into.



ABOUT YOU Holding SE Asset Turnover Calculation

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

ABOUT YOU Holding SE's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=1935.3/( (1181.4+1144.7)/ 2 )
=1935.3/1163.05
=1.66

ABOUT YOU Holding SE's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=436.7/( (1301+1144.7)/ 2 )
=436.7/1222.85
=0.36

* 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.


ABOUT YOU Holding SE  (XTER:YOU) Asset Turnover Explanation

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

ABOUT YOU Holding SE's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=-128/283.9
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-128 / 1746.8)*(1746.8 / 1222.85)*(1222.85/ 283.9)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.33 %*1.4285*4.3073
=ROA %*Equity Multiplier
=-10.47 %*4.3073
=-45.09 %

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

ABOUT YOU Holding SE's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=-128/1222.85
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-128 / 1746.8)*(1746.8 / 1222.85)
=Net Margin %*Asset Turnover
=-7.33 %*1.4285
=-10.47 %

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


ABOUT YOU Holding SE Asset Turnover Related Terms

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ABOUT YOU Holding SE (XTER:YOU) Business Description

Traded in Other Exchanges
Address
Domstrasse 10, Hamburg, NI, DEU, 20095
ABOUT YOU Holding SE is a fashion e-commerce and technology group operating in Europe. It offers Tech Services as a flexible API solution for online retailers as well as Brand Relations and Retail Media with native advertising opportunities for external partners. The company generates a vast majority of its revenues from the sales of merchandise. Its segment comprises ABOUT YOU DACH and ABOUT YOU RoE.
Executives
Tarek Müller Board of Directors
Niels Jacobsen Supervisory Board