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Peel Hunt (LSE:PEEL) Asset Turnover : 0.08 (As of Sep. 2023)


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What is Peel Hunt Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Peel Hunt's Revenue for the six months ended in Sep. 2023 was £42.68 Mil. Peel Hunt's Total Assets for the quarter that ended in Sep. 2023 was £548.24 Mil. Therefore, Peel Hunt's Asset Turnover for the quarter that ended in Sep. 2023 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Peel Hunt's annualized ROE % for the quarter that ended in Sep. 2023 was -1.46%. It is also linked to ROA % through Du Pont Formula. Peel Hunt's annualized ROA % for the quarter that ended in Sep. 2023 was -0.25%.


Peel Hunt Asset Turnover Historical Data

The historical data trend for Peel Hunt'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.

Peel Hunt Asset Turnover Chart

Peel Hunt Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
0.20 0.20 0.29 0.18 0.13

Peel Hunt Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.10 0.09 0.06 0.07 0.08

Competitive Comparison of Peel Hunt's Asset Turnover

For the Capital Markets subindustry, Peel Hunt'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.


Peel Hunt's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Peel Hunt's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Peel Hunt's Asset Turnover falls into.



Peel Hunt Asset Turnover Calculation

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

Peel Hunt'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 )
=82.337/( (727.674+594.01)/ 2 )
=82.337/660.842
=0.12

Peel Hunt'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 )
=42.677/( (594.01+502.461)/ 2 )
=42.677/548.2355
=0.08

* 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.


Peel Hunt  (LSE:PEEL) Asset Turnover Explanation

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

Peel Hunt's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-1.358/92.9605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.358 / 85.354)*(85.354 / 548.2355)*(548.2355/ 92.9605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.59 %*0.1557*5.8975
=ROA %*Equity Multiplier
=-0.25 %*5.8975
=-1.46 %

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:

Peel Hunt's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-1.358/548.2355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.358 / 85.354)*(85.354 / 548.2355)
=Net Margin %*Asset Turnover
=-1.59 %*0.1557
=-0.25 %

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.


Peel Hunt Asset Turnover Related Terms

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Peel Hunt (LSE:PEEL) Business Description

Traded in Other Exchanges
N/A
Address
100 Liverpool Street, London, GBR, EC2M 2AT
Peel Hunt Ltd provides investment banking services to mid and small-cap companies in the UK, with a consistent track record of investment and growth across. The company's operations are supported by differentiated proprietary technology and each of its three divisions, investment banking, research and distribution, and execution and trading. The company earns maximum revenue from Execution Services.

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