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Mostostal Plock (WAR:MSP) Asset Turnover : 0.31 (As of Mar. 2023)


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What is Mostostal Plock Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mostostal Plock's Revenue for the three months ended in Mar. 2023 was zł20.62 Mil. Mostostal Plock's Total Assets for the quarter that ended in Mar. 2023 was zł65.89 Mil. Therefore, Mostostal Plock's Asset Turnover for the quarter that ended in Mar. 2023 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. Mostostal Plock's annualized ROE % for the quarter that ended in Mar. 2023 was -9.36%. It is also linked to ROA % through Du Pont Formula. Mostostal Plock's annualized ROA % for the quarter that ended in Mar. 2023 was -5.32%.


Mostostal Plock Asset Turnover Historical Data

The historical data trend for Mostostal Plock'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.

Mostostal Plock Asset Turnover Chart

Mostostal Plock 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 1.33 1.44 1.22 1.56 1.57

Mostostal Plock Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.68 0.28 0.26 0.27 0.31

Competitive Comparison of Mostostal Plock's Asset Turnover

For the Engineering & Construction subindustry, Mostostal Plock'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.


Mostostal Plock's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Mostostal Plock's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mostostal Plock's Asset Turnover falls into.



Mostostal Plock Asset Turnover Calculation

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

Mostostal Plock'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 )
=156.518/( (137.023+63.021)/ 2 )
=156.518/100.022
=1.56

Mostostal Plock's Asset Turnover for the quarter that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=20.615/( (63.021+68.751)/ 2 )
=20.615/65.886
=0.31

* 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.


Mostostal Plock  (WAR:MSP) Asset Turnover Explanation

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

Mostostal Plock's annulized ROE % for the quarter that ended in Mar. 2023 is

ROE %**(Q: Mar. 2023 )
=Net Income/Total Stockholders Equity
=-3.508/37.4605
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.508 / 82.46)*(82.46 / 65.886)*(65.886/ 37.4605)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.25 %*1.2516*1.7588
=ROA %*Equity Multiplier
=-5.32 %*1.7588
=-9.36 %

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

Mostostal Plock's annulized ROA % for the quarter that ended in Mar. 2023 is

ROA %(Q: Mar. 2023 )
=Net Income/Total Assets
=-3.508/65.886
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.508 / 82.46)*(82.46 / 65.886)
=Net Margin %*Asset Turnover
=-4.25 %*1.2516
=-5.32 %

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


Mostostal Plock Asset Turnover Related Terms

Thank you for viewing the detailed overview of Mostostal Plock's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Mostostal Plock (WAR:MSP) Business Description

Traded in Other Exchanges
N/A
Address
ul. Targowa 12, Plock, POL, 09-400
Mostostal Plock SA operates in the construction and assembly industry. It provides service such as construction and assembly of tanks, pipelines and industrial equipment, execution and assembly of steel, light, medium and heavy structures.

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