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Iraqi Agricultural Products Marketing Meat (IQS:AIPM) Asset Turnover : 0.00 (As of . 20)


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What is Iraqi Agricultural Products Marketing Meat Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Iraqi Agricultural Products Marketing Meat's Revenue for the three months ended in . 20 was ع.د Mil. Iraqi Agricultural Products Marketing Meat's Total Assets for the quarter that ended in . 20 was ع.د Mil. Therefore, Iraqi Agricultural Products Marketing Meat's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Iraqi Agricultural Products Marketing Meat's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Iraqi Agricultural Products Marketing Meat's annualized ROA % for the quarter that ended in . 20 was %.


Iraqi Agricultural Products Marketing Meat Asset Turnover Historical Data

The historical data trend for Iraqi Agricultural Products Marketing Meat'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.

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Iraqi Agricultural Products Marketing Meat Asset Turnover Chart

Iraqi Agricultural Products Marketing Meat Annual Data
Trend
Asset Turnover

Iraqi Agricultural Products Marketing Meat Quarterly Data
Asset Turnover

Competitive Comparison of Iraqi Agricultural Products Marketing Meat's Asset Turnover

For the Farm Products subindustry, Iraqi Agricultural Products Marketing Meat'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.


Iraqi Agricultural Products Marketing Meat's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iraqi Agricultural Products Marketing Meat's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Iraqi Agricultural Products Marketing Meat's Asset Turnover falls into.



Iraqi Agricultural Products Marketing Meat Asset Turnover Calculation

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

Iraqi Agricultural Products Marketing Meat's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Iraqi Agricultural Products Marketing Meat's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Iraqi Agricultural Products Marketing Meat  (IQS:AIPM) Asset Turnover Explanation

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

Iraqi Agricultural Products Marketing Meat's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Iraqi Agricultural Products Marketing Meat's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Iraqi Agricultural Products Marketing Meat Asset Turnover Related Terms

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Iraqi Agricultural Products Marketing Meat (IQS:AIPM) Business Description

Traded in Other Exchanges
N/A
Address
Al- Nosoor sequare, Baghdad, IRQ
Website
Iraqi Agricultural Products Marketing Meat manufactures and distributes food, beverages, and agricultural products. The company's product includes frozen meat products, fish, poultry, and animal feed.

Iraqi Agricultural Products Marketing Meat (IQS:AIPM) Headlines

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