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Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Asset Turnover : 0.18 (As of Mar. 2024)


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What is Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Revenue for the three months ended in Mar. 2024 was ₺3,262 Mil. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Total Assets for the quarter that ended in Mar. 2024 was ₺18,664 Mil. Therefore, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's annualized ROE % for the quarter that ended in Mar. 2024 was 25.90%. It is also linked to ROA % through Du Pont Formula. Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's annualized ROA % for the quarter that ended in Mar. 2024 was 8.63%.


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Asset Turnover Historical Data

The historical data trend for Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Asset Turnover Chart

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
1.37 1.31 2.00 3.33 1.12

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.70 0.32 0.24 0.37 0.18

Competitive Comparison of Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Asset Turnover

For the Packaged Foods subindustry, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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.


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Asset Turnover falls into.



Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Asset Turnover Calculation

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

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi'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 )
=16374.646/( (11029.337+18150.313)/ 2 )
=16374.646/14589.825
=1.12

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3261.577/( (18150.313+19177.229)/ 2 )
=3261.577/18663.771
=0.17

* 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.


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi  (IST:YYLGD) Asset Turnover Explanation

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

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1611.496/6222.599
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1611.496 / 13046.308)*(13046.308 / 18663.771)*(18663.771/ 6222.599)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.35 %*0.699*2.9994
=ROA %*Equity Multiplier
=8.63 %*2.9994
=25.90 %

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

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=1611.496/18663.771
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1611.496 / 13046.308)*(13046.308 / 18663.771)
=Net Margin %*Asset Turnover
=12.35 %*0.699
=8.63 %

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


Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi Asset Turnover Related Terms

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Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Business Description

Traded in Other Exchanges
N/A
Address
Istanbul Road 30.Km Saray Mh. Fatih Sultan, Mehmet Blv. No:327, Kahramankazan, Ankara, TUR, PK 06980
Yayla Agro Gida Sanayi Ve Ticaret Anonim Sirketi engages in manufacturing various food and grains. It focuses on producing, cleaning, and polishing rice and other food products. The firm offers package rice, bulghur, lentil, beans, chickpea, kidney beans, and corn products.

Yayla Agro Gidanayi Ve Ticaret Anonim Sirketi (IST:YYLGD) Headlines

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