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Accentro Real Estate AG (XTER:A4Y) Asset Turnover : 0.03 (As of Sep. 2023)


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What is Accentro Real Estate AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Accentro Real Estate AG's Revenue for the three months ended in Sep. 2023 was €20.55 Mil. Accentro Real Estate AG's Total Assets for the quarter that ended in Sep. 2023 was €771.35 Mil. Therefore, Accentro Real Estate AG's Asset Turnover for the quarter that ended in Sep. 2023 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Accentro Real Estate AG's annualized ROE % for the quarter that ended in Sep. 2023 was -47.62%. It is also linked to ROA % through Du Pont Formula. Accentro Real Estate AG's annualized ROA % for the quarter that ended in Sep. 2023 was -12.22%.


Accentro Real Estate AG Asset Turnover Historical Data

The historical data trend for Accentro Real Estate AG'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.

Accentro Real Estate AG Asset Turnover Chart

Accentro Real Estate AG Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.27 0.17 0.22 0.18

Accentro Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.06 0.02 0.03 0.02 0.03

Competitive Comparison of Accentro Real Estate AG's Asset Turnover

For the Real Estate Services subindustry, Accentro Real Estate AG'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.


Accentro Real Estate AG's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Accentro Real Estate AG's Asset Turnover distribution charts can be found below:

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



Accentro Real Estate AG Asset Turnover Calculation

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

Accentro Real Estate AG's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=165.227/( (929.466+877.126)/ 2 )
=165.227/903.296
=0.18

Accentro Real Estate AG'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: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=20.551/( (786.739+755.955)/ 2 )
=20.551/771.347
=0.03

* 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.


Accentro Real Estate AG  (XTER:A4Y) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-94.264/197.9685
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-94.264 / 82.204)*(82.204 / 771.347)*(771.347/ 197.9685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-114.67 %*0.1066*3.8963
=ROA %*Equity Multiplier
=-12.22 %*3.8963
=-47.62 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (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:

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

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-94.264/771.347
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-94.264 / 82.204)*(82.204 / 771.347)
=Net Margin %*Asset Turnover
=-114.67 %*0.1066
=-12.22 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Accentro Real Estate AG Asset Turnover Related Terms

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Accentro Real Estate AG (XTER:A4Y) Business Description

Traded in Other Exchanges
Address
Kantstrasse 44/45, Berlin, BB, DEU, D-10625
Accentro Real Estate AG is a residential property company. Its core business consists of trading residential real estate within the framework of housing privatizations. Its business activities include tenant-sensitive retailing of condominiums to private owner-occupiers and buy-to-let investors, sales of real-estate portfolios to institutional investors, management of proprietary real-estate portfolios, and provision of sales and property administration services to third parties. The company has three segments the trading and privatization business, the portfolio business, and the fee-based and service business. The company generates the majority of its revenue from the trading and privatization segment.

Accentro Real Estate AG (XTER:A4Y) Headlines

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