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A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) Asset Turnover : 1.51 (As of Dec. 2023)


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What is A1 Capital Yatirim Menkul Degerler A S Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. A1 Capital Yatirim Menkul Degerler A S's Revenue for the three months ended in Dec. 2023 was ₺6,842 Mil. A1 Capital Yatirim Menkul Degerler A S's Total Assets for the quarter that ended in Dec. 2023 was ₺4,539 Mil. Therefore, A1 Capital Yatirim Menkul Degerler A S's Asset Turnover for the quarter that ended in Dec. 2023 was 1.51.

Asset Turnover is linked to ROE % through Du Pont Formula. A1 Capital Yatirim Menkul Degerler A S's annualized ROE % for the quarter that ended in Dec. 2023 was -102.37%. It is also linked to ROA % through Du Pont Formula. A1 Capital Yatirim Menkul Degerler A S's annualized ROA % for the quarter that ended in Dec. 2023 was -54.03%.


A1 Capital Yatirim Menkul Degerler A S Asset Turnover Historical Data

The historical data trend for A1 Capital Yatirim Menkul Degerler A S'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.

A1 Capital Yatirim Menkul Degerler A S Asset Turnover Chart

A1 Capital Yatirim Menkul Degerler A S Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
6.97 9.38 11.75 4.40

A1 Capital Yatirim Menkul Degerler A S Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 1.19 1.29 1.07 1.51

Competitive Comparison of A1 Capital Yatirim Menkul Degerler A S's Asset Turnover

For the Capital Markets subindustry, A1 Capital Yatirim Menkul Degerler A S'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.


A1 Capital Yatirim Menkul Degerler A S's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, A1 Capital Yatirim Menkul Degerler A S's Asset Turnover distribution charts can be found below:

* The bar in red indicates where A1 Capital Yatirim Menkul Degerler A S's Asset Turnover falls into.



A1 Capital Yatirim Menkul Degerler A S Asset Turnover Calculation

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

A1 Capital Yatirim Menkul Degerler A S'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 )
=19254.166/( (4198.457+4553.352)/ 2 )
=19254.166/4375.9045
=4.40

A1 Capital Yatirim Menkul Degerler A S'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 )
=6842.079/( (4524.196+4553.352)/ 2 )
=6842.079/4538.774
=1.51

* 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.


A1 Capital Yatirim Menkul Degerler A S  (IST:A1CAP) Asset Turnover Explanation

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

A1 Capital Yatirim Menkul Degerler A S's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-2452.088/2395.399
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2452.088 / 27368.316)*(27368.316 / 4538.774)*(4538.774/ 2395.399)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.96 %*6.0299*1.8948
=ROA %*Equity Multiplier
=-54.03 %*1.8948
=-102.37 %

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:

A1 Capital Yatirim Menkul Degerler A S's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-2452.088/4538.774
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2452.088 / 27368.316)*(27368.316 / 4538.774)
=Net Margin %*Asset Turnover
=-8.96 %*6.0299
=-54.03 %

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.


A1 Capital Yatirim Menkul Degerler A S Asset Turnover Related Terms

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A1 Capital Yatirim Menkul Degerler A S (IST:A1CAP) Business Description

Traded in Other Exchanges
N/A
Address
Esentepe Mahallesi Buyukdere Caddesi Levent Plaza Blok No: 173, Ic Kap? No: 29 Sisli, Istanbul, TUR, 34398
A1 Capital Yatirim Menkul Degerler A S offers solutions in all areas of capital markets. It offers a wide array of services covering capital markets such as brokerage in stock and VIOP transactions, Investment Advisory, Portfolio Management, Public Offering, Debt Instrument Issues, Company Valuation, Company Acquisitions and Mergers, Project Finance, Capital Raising, and Call Transactions. offers custom solutions. Its objective is to offer its investors the investment opportunities of the digital age.

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