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L'Occitane International (L'Occitane International) Asset Turnover : 0.37 (As of Sep. 2023)


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What is L'Occitane International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. L'Occitane International's Revenue for the six months ended in Sep. 2023 was $1,144 Mil. L'Occitane International's Total Assets for the quarter that ended in Sep. 2023 was $3,075 Mil. Therefore, L'Occitane International's Asset Turnover for the quarter that ended in Sep. 2023 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. L'Occitane International's annualized ROE % for the quarter that ended in Sep. 2023 was 6.67%. It is also linked to ROA % through Du Pont Formula. L'Occitane International's annualized ROA % for the quarter that ended in Sep. 2023 was 2.36%.


L'Occitane International Asset Turnover Historical Data

The historical data trend for L'Occitane International'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.

L'Occitane International Asset Turnover Chart

L'Occitane International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.74 0.65 0.63 0.72

L'Occitane International Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.28 0.39 0.28 0.44 0.37

Competitive Comparison of L'Occitane International's Asset Turnover

For the Household & Personal Products subindustry, L'Occitane International'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.


L'Occitane International's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, L'Occitane International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where L'Occitane International's Asset Turnover falls into.



L'Occitane International Asset Turnover Calculation

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

L'Occitane International's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=2285.534/( (3313.958+3015.448)/ 2 )
=2285.534/3164.703
=0.72

L'Occitane International's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=1144.102/( (3015.448+3134.351)/ 2 )
=1144.102/3074.8995
=0.37

* 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.


L'Occitane International  (OTCPK:LCCTF) Asset Turnover Explanation

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

L'Occitane International's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=72.642/1089.475
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(72.642 / 2288.204)*(2288.204 / 3074.8995)*(3074.8995/ 1089.475)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.17 %*0.7442*2.8224
=ROA %*Equity Multiplier
=2.36 %*2.8224
=6.67 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

L'Occitane International's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=72.642/3074.8995
=(Net Income / Revenue)*(Revenue / Total Assets)
=(72.642 / 2288.204)*(2288.204 / 3074.8995)
=Net Margin %*Asset Turnover
=3.17 %*0.7442
=2.36 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


L'Occitane International Asset Turnover Related Terms

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L'Occitane International (L'Occitane International) Business Description

Traded in Other Exchanges
Address
49, Boulevard Prince Henri, Luxembourg, LUX, L-1724
L'Occitane International manufactures and sells beauty and well-being products with natural and organic ingredients. It currently has seven brands: L'Occitane en Provence, Elemis, Sol de Janeiro, Grown Alchemist, Melvita, Erborian, and LimeLife. L'Occitane en Provence is the core brand and contributed 76% to group sales in the financial year ended March 2022. The company sells its products mainly through its own retail stores but also through distributors and other channels. It has a global presence; its top three markets are the United States, Japan, and China.

L'Occitane International (L'Occitane International) Headlines