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Aurelius Equity Opportunities Se KGaA (XTER:AR4) Asset Turnover : 0.68 (As of Jun. 2022)


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What is Aurelius Equity Opportunities Se KGaA Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aurelius Equity Opportunities Se KGaA's Revenue for the six months ended in Jun. 2022 was €1,567 Mil. Aurelius Equity Opportunities Se KGaA's Total Assets for the quarter that ended in Jun. 2022 was €2,299 Mil. Therefore, Aurelius Equity Opportunities Se KGaA's Asset Turnover for the quarter that ended in Jun. 2022 was 0.68.

Asset Turnover is linked to ROE % through Du Pont Formula. Aurelius Equity Opportunities Se KGaA's annualized ROE % for the quarter that ended in Jun. 2022 was 19.91%. It is also linked to ROA % through Du Pont Formula. Aurelius Equity Opportunities Se KGaA's annualized ROA % for the quarter that ended in Jun. 2022 was 4.76%.


Aurelius Equity Opportunities Se KGaA Asset Turnover Historical Data

The historical data trend for Aurelius Equity Opportunities Se KGaA'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.

Aurelius Equity Opportunities Se KGaA Asset Turnover Chart

Aurelius Equity Opportunities Se KGaA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.33 1.25 0.80 1.12

Aurelius Equity Opportunities Se KGaA Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.41 0.39 0.54 0.61 0.68

Competitive Comparison of Aurelius Equity Opportunities Se KGaA's Asset Turnover

For the Asset Management subindustry, Aurelius Equity Opportunities Se KGaA'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.


Aurelius Equity Opportunities Se KGaA's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aurelius Equity Opportunities Se KGaA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aurelius Equity Opportunities Se KGaA's Asset Turnover falls into.



Aurelius Equity Opportunities Se KGaA Asset Turnover Calculation

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

Aurelius Equity Opportunities Se KGaA's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=2560.8/( (2307.9+2281.2)/ 2 )
=2560.8/2294.55
=1.12

Aurelius Equity Opportunities Se KGaA's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=1566.8/( (2281.2+2316)/ 2 )
=1566.8/2298.6
=0.68

* 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.


Aurelius Equity Opportunities Se KGaA  (XTER:AR4) Asset Turnover Explanation

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

Aurelius Equity Opportunities Se KGaA's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=109.4/549.55
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(109.4 / 3133.6)*(3133.6 / 2298.6)*(2298.6/ 549.55)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.49 %*1.3633*4.1827
=ROA %*Equity Multiplier
=4.76 %*4.1827
=19.91 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) 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:

Aurelius Equity Opportunities Se KGaA's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=109.4/2298.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(109.4 / 3133.6)*(3133.6 / 2298.6)
=Net Margin %*Asset Turnover
=3.49 %*1.3633
=4.76 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) 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.


Aurelius Equity Opportunities Se KGaA Asset Turnover Related Terms

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Aurelius Equity Opportunities Se KGaA (XTER:AR4) Business Description

Traded in Other Exchanges
N/A
Address
Ludwig-Ganghofer-Strasse 6, Grunwald, DEU, 82031
Aurelius Equity Opportunities Se & Co KGaA acquires companies with potential for development and makes long-term investments in its portfolio companies. It has offices located across the globe and chooses to invest in companies across a range of sectors. Traditionally, Aurelius has made investments throughout Europe in medium-sized companies and corporate spin-offs to meet a group of requirements. The company relies on international contacts, a team of specialists in financial and corporate management and other resources to help rebuild companies. Opportunities are found through internal due diligence and consulting numerous external experts. It has three reporting segments: Services and solution segment; Retail and Consumer Products segment; Industrial segment and Other segment.
Executives
Dr. Dirk Markus Board of Directors
Dirk Roesing Deputy Chairman of the Board of Directors of AURELIUS Management SE

Aurelius Equity Opportunities Se KGaA (XTER:AR4) Headlines

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