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SosTravel.com SpA (MIL:SOS) Asset Turnover : 1.48 (As of Dec. 2023)


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What is SosTravel.com SpA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SosTravel.com SpA's Revenue for the six months ended in Dec. 2023 was €14.04 Mil. SosTravel.com SpA's Total Assets for the quarter that ended in Dec. 2023 was €9.51 Mil. Therefore, SosTravel.com SpA's Asset Turnover for the quarter that ended in Dec. 2023 was 1.48.

Asset Turnover is linked to ROE % through Du Pont Formula. SosTravel.com SpA's annualized ROE % for the quarter that ended in Dec. 2023 was 60.41%. It is also linked to ROA % through Du Pont Formula. SosTravel.com SpA's annualized ROA % for the quarter that ended in Dec. 2023 was 24.67%.


SosTravel.com SpA Asset Turnover Historical Data

The historical data trend for SosTravel.com SpA'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.

SosTravel.com SpA Asset Turnover Chart

SosTravel.com SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.34 0.16 0.14 2.55 2.45

SosTravel.com SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.06 2.59 0.62 1.48

Competitive Comparison of SosTravel.com SpA's Asset Turnover

For the Travel Services subindustry, SosTravel.com SpA'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.


SosTravel.com SpA's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SosTravel.com SpA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SosTravel.com SpA's Asset Turnover falls into.



SosTravel.com SpA Asset Turnover Calculation

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

SosTravel.com SpA'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 )
=19.647/( (7.495+8.544)/ 2 )
=19.647/8.0195
=2.45

SosTravel.com SpA's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=14.043/( (10.477+8.544)/ 2 )
=14.043/9.5105
=1.48

* 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.


SosTravel.com SpA  (MIL:SOS) Asset Turnover Explanation

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

SosTravel.com SpA's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2.346/3.8835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2.346 / 28.086)*(28.086 / 9.5105)*(9.5105/ 3.8835)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.35 %*2.9532*2.449
=ROA %*Equity Multiplier
=24.67 %*2.449
=60.41 %

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

SosTravel.com SpA's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=2.346/9.5105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.346 / 28.086)*(28.086 / 9.5105)
=Net Margin %*Asset Turnover
=8.35 %*2.9532
=24.67 %

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


SosTravel.com SpA Asset Turnover Related Terms

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SosTravel.com SpA (MIL:SOS) Business Description

Traded in Other Exchanges
Address
Via Marsala 34/A, Gallarate, ITA, 21013
SosTravel.com SpA is a digital travel company engaged in providing solutions in the tourism sector which operates as an intermediary between tourism service providers and customers by offering the possibility to book online stays in accommodation facilities (hotels, resorts), tourist services (e.g. trains, airplanes, ferries), experiences (e.g. guided tours, excursions, tasting itineraries) and, more generally, holiday packages. The company operates through its applications (Sostravel and Flio) and websites (www.sostravel.com, and www.amareitalia.com). It offers services such as Flight Info, Airport Info, Lost Luggage Concierge, Telemedicine, Travel insurance, Travel Booking, and Secret village services.