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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Asset Turnover : 0.09 (As of Dec. 2023)


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What is Qualicorp Consultoria E Corretora De Seguros Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Qualicorp Consultoria E Corretora De Seguros's Revenue for the three months ended in Dec. 2023 was R$414 Mil. Qualicorp Consultoria E Corretora De Seguros's Total Assets for the quarter that ended in Dec. 2023 was R$4,596 Mil. Therefore, Qualicorp Consultoria E Corretora De Seguros's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Qualicorp Consultoria E Corretora De Seguros's annualized ROE % for the quarter that ended in Dec. 2023 was -18.08%. It is also linked to ROA % through Du Pont Formula. Qualicorp Consultoria E Corretora De Seguros's annualized ROA % for the quarter that ended in Dec. 2023 was -5.11%.


Qualicorp Consultoria E Corretora De Seguros Asset Turnover Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros'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.

Qualicorp Consultoria E Corretora De Seguros Asset Turnover Chart

Qualicorp Consultoria E Corretora De Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.52 0.48 0.44 0.39

Qualicorp Consultoria E Corretora De Seguros Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.09

Competitive Comparison of Qualicorp Consultoria E Corretora De Seguros's Asset Turnover

For the Healthcare Plans subindustry, Qualicorp Consultoria E Corretora De Seguros'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.


Qualicorp Consultoria E Corretora De Seguros's Asset Turnover Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Qualicorp Consultoria E Corretora De Seguros's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Qualicorp Consultoria E Corretora De Seguros's Asset Turnover falls into.



Qualicorp Consultoria E Corretora De Seguros Asset Turnover Calculation

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

Qualicorp Consultoria E Corretora De Seguros'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 )
=1749.906/( (4512.028+4509.325)/ 2 )
=1749.906/4510.6765
=0.39

Qualicorp Consultoria E Corretora De Seguros'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=414.42/( (4683.345+4509.325)/ 2 )
=414.42/4596.335
=0.09

* 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.


Qualicorp Consultoria E Corretora De Seguros  (BSP:QUAL3) Asset Turnover Explanation

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

Qualicorp Consultoria E Corretora De Seguros's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-234.672/1298.1875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-234.672 / 1657.68)*(1657.68 / 4596.335)*(4596.335/ 1298.1875)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.16 %*0.3607*3.5406
=ROA %*Equity Multiplier
=-5.11 %*3.5406
=-18.08 %

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

Qualicorp Consultoria E Corretora De Seguros's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-234.672/4596.335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-234.672 / 1657.68)*(1657.68 / 4596.335)
=Net Margin %*Asset Turnover
=-14.16 %*0.3607
=-5.11 %

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


Qualicorp Consultoria E Corretora De Seguros Asset Turnover Related Terms

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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020
Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Headlines

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