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Sberbank of Russia PJSC (MIC:SBER) Asset Turnover : 0.02 (As of Jun. 2023)


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What is Sberbank of Russia PJSC Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sberbank of Russia PJSC's Revenue for the three months ended in Jun. 2023 was ₽715,021 Mil. Sberbank of Russia PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽43,411,654 Mil. Therefore, Sberbank of Russia PJSC's Asset Turnover for the quarter that ended in Jun. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Sberbank of Russia PJSC's annualized ROE % for the quarter that ended in Jun. 2023 was 26.06%. It is also linked to ROA % through Du Pont Formula. Sberbank of Russia PJSC's annualized ROA % for the quarter that ended in Jun. 2023 was 3.48%.


Sberbank of Russia PJSC Asset Turnover Historical Data

The historical data trend for Sberbank of Russia PJSC'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.

Sberbank of Russia PJSC Asset Turnover Chart

Sberbank of Russia PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.07 0.05

Sberbank of Russia PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Mar23 Jun23
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 0.02 0.01 - 0.02 0.02

Competitive Comparison of Sberbank of Russia PJSC's Asset Turnover

For the Banks - Regional subindustry, Sberbank of Russia PJSC'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.


Sberbank of Russia PJSC's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sberbank of Russia PJSC's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sberbank of Russia PJSC's Asset Turnover falls into.



Sberbank of Russia PJSC Asset Turnover Calculation

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

Sberbank of Russia PJSC's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=2150000/( (41165500+41871800)/ 2 )
=2150000/41518650
=0.05

Sberbank of Russia PJSC's Asset Turnover for the quarter that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=715020.826/( (42311282.451+44512025.238)/ 2 )
=715020.826/43411653.8445
=0.02

* 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.


Sberbank of Russia PJSC  (MIC:SBER) Asset Turnover Explanation

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

Sberbank of Russia PJSC's annulized ROE % for the quarter that ended in Jun. 2023 is

ROE %**(Q: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1510459/5796104.7945
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1510459 / 2860083.304)*(2860083.304 / 43411653.8445)*(43411653.8445/ 5796104.7945)
=Net Margin %*Asset Turnover*Equity Multiplier
=52.81 %*0.0659*7.4898
=ROA %*Equity Multiplier
=3.48 %*7.4898
=26.06 %

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

Sberbank of Russia PJSC's annulized ROA % for the quarter that ended in Jun. 2023 is

ROA %(Q: Jun. 2023 )
=Net Income/Total Assets
=1510459/43411653.8445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1510459 / 2860083.304)*(2860083.304 / 43411653.8445)
=Net Margin %*Asset Turnover
=52.81 %*0.0659
=3.48 %

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


Sberbank of Russia PJSC Asset Turnover Related Terms

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Sberbank of Russia PJSC (MIC:SBER) Business Description

Traded in Other Exchanges
Address
19 Vavilova Street, Moscow, RUS, 117997
Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.

Sberbank of Russia PJSC (MIC:SBER) Headlines

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