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Marka Yatirim Holding AS (IST:MARKA) Asset Turnover : 0.00 (As of Jun. 2017)


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What is Marka Yatirim Holding AS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Marka Yatirim Holding AS's Revenue for the three months ended in Jun. 2017 was ₺0.00 Mil. Marka Yatirim Holding AS's Total Assets for the quarter that ended in Jun. 2017 was ₺51.20 Mil. Therefore, Marka Yatirim Holding AS's Asset Turnover for the quarter that ended in Jun. 2017 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Marka Yatirim Holding AS's annualized ROE % for the quarter that ended in Jun. 2017 was 2.86%. It is also linked to ROA % through Du Pont Formula. Marka Yatirim Holding AS's annualized ROA % for the quarter that ended in Jun. 2017 was 2.21%.


Marka Yatirim Holding AS Asset Turnover Historical Data

The historical data trend for Marka Yatirim Holding AS'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.

Marka Yatirim Holding AS Asset Turnover Chart

Marka Yatirim Holding AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only - - 0.01 0.01 0.05

Marka Yatirim Holding AS Quarterly Data
Dec09 Mar10 Dec10 Mar11 Sep11 Dec11 Sep12 Dec12 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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 - 0.01 0.04 - -

Competitive Comparison of Marka Yatirim Holding AS's Asset Turnover

For the Asset Management subindustry, Marka Yatirim Holding AS'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.


Marka Yatirim Holding AS's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Marka Yatirim Holding AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Marka Yatirim Holding AS's Asset Turnover falls into.



Marka Yatirim Holding AS Asset Turnover Calculation

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

Marka Yatirim Holding AS's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=3.449/( (8.579+126.891)/ 2 )
=3.449/67.735
=0.05

Marka Yatirim Holding AS's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=0/( (35.127+67.275)/ 2 )
=0/51.201
=0.00

* 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.


Marka Yatirim Holding AS  (IST:MARKA) Asset Turnover Explanation

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

Marka Yatirim Holding AS's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=1.132/39.638
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.132 / 0)*(0 / 51.201)*(51.201/ 39.638)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2917
=ROA %*Equity Multiplier
=2.21 %*1.2917
=2.86 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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:

Marka Yatirim Holding AS's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=1.132/51.201
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.132 / 0)*(0 / 51.201)
=Net Margin %*Asset Turnover
= %*0
=2.21 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


Marka Yatirim Holding AS Asset Turnover Related Terms

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Marka Yatirim Holding AS (IST:MARKA) Business Description

Traded in Other Exchanges
N/A
Address
No. 211/64, Abide-i Hürriyet cad, Bolkan center A-B-C Bloklar, istanbul, TUR
Marka Yatirim Holding AS is an investment company. It invests & manages portfolio of capital market instruments traded on the domestic & international stock exchanges, gold and other precious metals.

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