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a.k.a. Brands Holding (a.k.a. Brands Holding) Asset Turnover : 0.33 (As of Mar. 2024)


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What is a.k.a. Brands Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. a.k.a. Brands Holding's Revenue for the three months ended in Mar. 2024 was $116.8 Mil. a.k.a. Brands Holding's Total Assets for the quarter that ended in Mar. 2024 was $358.7 Mil. Therefore, a.k.a. Brands Holding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. a.k.a. Brands Holding's annualized ROE % for the quarter that ended in Mar. 2024 was -25.15%. It is also linked to ROA % through Du Pont Formula. a.k.a. Brands Holding's annualized ROA % for the quarter that ended in Mar. 2024 was -9.96%.


a.k.a. Brands Holding Asset Turnover Historical Data

The historical data trend for a.k.a. Brands Holding'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.

a.k.a. Brands Holding Asset Turnover Chart

a.k.a. Brands Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.70 1.29 1.28 1.02 1.25

a.k.a. Brands Holding Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.25 0.29 0.33 0.40 0.33

Competitive Comparison of a.k.a. Brands Holding's Asset Turnover

For the Internet Retail subindustry, a.k.a. Brands Holding'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.


a.k.a. Brands Holding's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, a.k.a. Brands Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where a.k.a. Brands Holding's Asset Turnover falls into.



a.k.a. Brands Holding Asset Turnover Calculation

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

a.k.a. Brands Holding'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 )
=546.258/( (509.638+361.721)/ 2 )
=546.258/435.6795
=1.25

a.k.a. Brands Holding's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=116.84/( (361.721+355.754)/ 2 )
=116.84/358.7375
=0.33

* 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.


a.k.a. Brands Holding  (NYSE:AKA) Asset Turnover Explanation

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

a.k.a. Brands Holding's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-35.732/142.064
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-35.732 / 467.36)*(467.36 / 358.7375)*(358.7375/ 142.064)
=Net Margin %*Asset Turnover*Equity Multiplier
=-7.65 %*1.3028*2.5252
=ROA %*Equity Multiplier
=-9.96 %*2.5252
=-25.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

a.k.a. Brands Holding's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-35.732/358.7375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-35.732 / 467.36)*(467.36 / 358.7375)
=Net Margin %*Asset Turnover
=-7.65 %*1.3028
=-9.96 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


a.k.a. Brands Holding Asset Turnover Related Terms

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a.k.a. Brands Holding (a.k.a. Brands Holding) Business Description

Traded in Other Exchanges
N/A
Address
100 Montgomery Street, Suite 1600, San Francisco, CA, USA, 94104
a.k.a. Brands Holding Corp is an online fashion retailer focused on acquiring and accelerating the growth of next-generation, digitally native fashion brands targeting Gen Z and Millennial customers.
Executives
Ciaran Joseph Long officer: Chief Financial Officer C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Myles B Mccormick director C/O BARE ESCENTUALS, INC., 71 STEVENSON STREET, 22ND FLOOR, SAN FRANCISCO CA 94105
Sourav Ghosh director 6903 ROCKLEDGE DRIVE, 15TH FLOOR, BETHESDA MD 20817
Jill Elizabeth Ramsey director, officer: Chief Executive Officer C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Ilene Eskenazi director 10850 VIA FRONTERA, SAN DIEGO CA 92127
Simon Andrew Beard director, 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Beard Trading Pty Ltd. 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Jonathan Edward Harvey officer: See Remarks C/O A.K.A. BRANDS HOLDING CORP, 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
John Robert Gonneville officer: See Remarks C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Bryett Enterprises Pty Ltd. 10 percent owner 5 SHORT ST., BURLEIGH HEADS C3 4220
Michael Frank Trembley officer: See remarks C/O A.K.A. BRANDS HOLDING CORP., 100 MONTGOMERY STREET, SUITE 1600, SAN FRANCISCO CA 94104
Tah Nee Aleman Family Trust 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tah-nee Beard 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Tf Apparel Discretionary Trust 10 percent owner 1-3 LA SCALA COURT, SURFERS PARADISE C3 4217
Summit Partners Growth Equity Fund Ix-a Aiv, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116