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Schroder Real Estate IT (LSE:SREI) Asset Turnover : 0.01 (As of Sep. 2023)


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What is Schroder Real Estate IT Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Schroder Real Estate IT's Revenue for the six months ended in Sep. 2023 was £5.80 Mil. Schroder Real Estate IT's Total Assets for the quarter that ended in Sep. 2023 was £486.81 Mil. Therefore, Schroder Real Estate IT's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Schroder Real Estate IT's annualized ROE % for the quarter that ended in Sep. 2023 was 2.33%. It is also linked to ROA % through Du Pont Formula. Schroder Real Estate IT's annualized ROA % for the quarter that ended in Sep. 2023 was 1.43%.


Schroder Real Estate IT Asset Turnover Historical Data

The historical data trend for Schroder Real Estate IT'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.

Schroder Real Estate IT Asset Turnover Chart

Schroder Real Estate IT 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 0.05 - 0.02 0.19 -0.10

Schroder Real Estate IT 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 0.07 0.11 0.01 -0.11 0.01

Competitive Comparison of Schroder Real Estate IT's Asset Turnover

For the REIT - Diversified subindustry, Schroder Real Estate IT'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.


Schroder Real Estate IT's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Schroder Real Estate IT's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Schroder Real Estate IT's Asset Turnover falls into.



Schroder Real Estate IT Asset Turnover Calculation

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

Schroder Real Estate IT'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 )
=-49.561/( (544.956+490.262)/ 2 )
=-49.561/517.609
=-0.10

Schroder Real Estate IT'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 )
=5.803/( (490.262+483.349)/ 2 )
=5.803/486.8055
=0.01

* 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.


Schroder Real Estate IT  (LSE:SREI) Asset Turnover Explanation

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

Schroder Real Estate IT's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=6.96/298.34
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.96 / 11.606)*(11.606 / 486.8055)*(486.8055/ 298.34)
=Net Margin %*Asset Turnover*Equity Multiplier
=59.97 %*0.0238*1.6317
=ROA %*Equity Multiplier
=1.43 %*1.6317
=2.33 %

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:

Schroder Real Estate IT's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=6.96/486.8055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.96 / 11.606)*(11.606 / 486.8055)
=Net Margin %*Asset Turnover
=59.97 %*0.0238
=1.43 %

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.


Schroder Real Estate IT Asset Turnover Related Terms

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Schroder Real Estate IT (LSE:SREI) Business Description

Traded in Other Exchanges
Address
2 Town Mills, North Suite, Rue du Pre, Saint Peter Port, GGY, GY1 1LT
Schroder Real Estate IT Ltd is a real estate investment company. The company provides shareholders with income together with the potential for income and capital growth through investing in United Kingdom commercial property. Its only reporting segments is property investment. Geographically, the company operates in the United Kingdom. Its portfolio invests in the three main United Kingdom commercial real estate sectors of office, industrial and retail, and in other sectors including residential, leisure, healthcare and student accommodation.

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