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Blue Star Capital (LSE:BLU) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Blue Star Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Star Capital's Revenue for the six months ended in Sep. 2023 was £0.00 Mil. Blue Star Capital's Total Assets for the quarter that ended in Sep. 2023 was £7.96 Mil. Therefore, Blue Star Capital's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Star Capital's annualized ROE % for the quarter that ended in Sep. 2023 was -130.51%. It is also linked to ROA % through Du Pont Formula. Blue Star Capital's annualized ROA % for the quarter that ended in Sep. 2023 was -129.68%.


Blue Star Capital Asset Turnover Historical Data

The historical data trend for Blue Star Capital'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.

Blue Star Capital Asset Turnover Chart

Blue Star Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
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Blue Star Capital Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Blue Star Capital's Asset Turnover

For the Asset Management subindustry, Blue Star Capital'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.


Blue Star Capital's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blue Star Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Star Capital's Asset Turnover falls into.



Blue Star Capital Asset Turnover Calculation

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

Blue Star Capital's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=0/( (11.485+5.361)/ 2 )
=0/8.423
=0.00

Blue Star Capital'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: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (10.561+5.361)/ 2 )
=0/7.961
=0.00

* 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.


Blue Star Capital  (LSE:BLU) Asset Turnover Explanation

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

Blue Star Capital's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-10.324/7.9105
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.324 / 0)*(0 / 7.961)*(7.961/ 7.9105)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0064
=ROA %*Equity Multiplier
=-129.68 %*1.0064
=-130.51 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Blue Star Capital's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-10.324/7.961
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.324 / 0)*(0 / 7.961)
=Net Margin %*Asset Turnover
= %*0
=-129.68 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (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.


Blue Star Capital Asset Turnover Related Terms

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Blue Star Capital (LSE:BLU) Business Description

Traded in Other Exchanges
N/A
Address
135 High Street, Griffin House, Crawley, West Sussex, GBR, RH10 1DQ
Blue Star Capital PLC is a United Kingdom-based investment company. Its business includes investing in assets or companies in the sectors such as gaming, media, and technology. The company also holds investments in investee companies in other sectors by way of equity, debt, or convertible securities. It focuses on capital appreciation from a diversified portfolio of quoted and unquoted investments.