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Seven & i Holdings Co (TSE:3382) Asset Turnover : 0.27 (As of Feb. 2024)


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What is Seven & i Holdings Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Seven & i Holdings Co's Revenue for the three months ended in Feb. 2024 was 円2,891,546 Mil. Seven & i Holdings Co's Total Assets for the quarter that ended in Feb. 2024 was 円10,842,981 Mil. Therefore, Seven & i Holdings Co's Asset Turnover for the quarter that ended in Feb. 2024 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Seven & i Holdings Co's annualized ROE % for the quarter that ended in Feb. 2024 was 4.49%. It is also linked to ROA % through Du Pont Formula. Seven & i Holdings Co's annualized ROA % for the quarter that ended in Feb. 2024 was 1.57%.


Seven & i Holdings Co Asset Turnover Historical Data

The historical data trend for Seven & i Holdings Co'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.

Seven & i Holdings Co Asset Turnover Chart

Seven & i Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.89 1.12 1.23 1.09

Seven & i Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.28 0.25 0.27 0.28 0.27

Competitive Comparison of Seven & i Holdings Co's Asset Turnover

For the Grocery Stores subindustry, Seven & i Holdings Co'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.


Seven & i Holdings Co's Asset Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Seven & i Holdings Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Seven & i Holdings Co's Asset Turnover falls into.



Seven & i Holdings Co Asset Turnover Calculation

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

Seven & i Holdings Co's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=11471753/( (10550956+10592117)/ 2 )
=11471753/10571536.5
=1.09

Seven & i Holdings Co's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=2891546/( (11093844+10592117)/ 2 )
=2891546/10842980.5
=0.27

* 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.


Seven & i Holdings Co  (TSE:3382) Asset Turnover Explanation

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

Seven & i Holdings Co's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=169844/3784568
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(169844 / 11566184)*(11566184 / 10842980.5)*(10842980.5/ 3784568)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.47 %*1.0667*2.8651
=ROA %*Equity Multiplier
=1.57 %*2.8651
=4.49 %

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

Seven & i Holdings Co's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=169844/10842980.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(169844 / 11566184)*(11566184 / 10842980.5)
=Net Margin %*Asset Turnover
=1.47 %*1.0667
=1.57 %

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


Seven & i Holdings Co Asset Turnover Related Terms

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Seven & i Holdings Co (TSE:3382) Business Description

Traded in Other Exchanges
Address
8-8, Nibancho, Chiyoda-ku, Tokyo, JPN, 102-8452
Seven & i Holdings operates 7-Eleven, the world's largest convenience store chain, with nearly 72,000 stores globally. C-store operations, mainly in Japan and North America, represent 75% of group sales (54% of operating revenue) and nearly 85% of operating profits. 7-Eleven Japan, the market leader in Japan's C-store industry, has acquired 45% value share and 38% share in store count. 7-Eleven Inc., the largest C-store chain in the U.S., made a $21 billion acquisition of Speedway in 2020. The deal lifted its total store count to about 13,700. Other retail activities including superstores, department stores, and specialty retailers either earn low margins or are in the red. The financial business, mainly ATM operations, is the other key profit contributor.

Seven & i Holdings Co (TSE:3382) Headlines

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