GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inmobiliaria Colonial SOCIMI SA (XMAD:COL) » Definitions » Asset Turnover

Inmobiliaria Colonial SOCIMI (XMAD:COL) Asset Turnover : 0.01 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Inmobiliaria Colonial SOCIMI Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Inmobiliaria Colonial SOCIMI's Revenue for the three months ended in Sep. 2023 was €90.1 Mil. Inmobiliaria Colonial SOCIMI's Total Assets for the quarter that ended in Sep. 2023 was €12,776.9 Mil. Therefore, Inmobiliaria Colonial SOCIMI's Asset Turnover for the quarter that ended in Sep. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Inmobiliaria Colonial SOCIMI's annualized ROE % for the quarter that ended in Sep. 2023 was 3.41%. It is also linked to ROA % through Du Pont Formula. Inmobiliaria Colonial SOCIMI's annualized ROA % for the quarter that ended in Sep. 2023 was 1.51%.


Inmobiliaria Colonial SOCIMI Asset Turnover Historical Data

The historical data trend for Inmobiliaria Colonial SOCIMI'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.

Inmobiliaria Colonial SOCIMI Asset Turnover Chart

Inmobiliaria Colonial SOCIMI 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 0.03 0.03 0.03 0.03 0.03

Inmobiliaria Colonial SOCIMI Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Inmobiliaria Colonial SOCIMI's Asset Turnover

For the REIT - Office subindustry, Inmobiliaria Colonial SOCIMI'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.


Inmobiliaria Colonial SOCIMI's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Inmobiliaria Colonial SOCIMI's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Inmobiliaria Colonial SOCIMI's Asset Turnover falls into.



Inmobiliaria Colonial SOCIMI Asset Turnover Calculation

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

Inmobiliaria Colonial SOCIMI'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 )
=361.613/( (12727.524+13469.613)/ 2 )
=361.613/13098.5685
=0.03

Inmobiliaria Colonial SOCIMI'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: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=90.065/( (12776.862+0)/ 1 )
=90.065/12776.862
=0.01

* 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.


Inmobiliaria Colonial SOCIMI  (XMAD:COL) Asset Turnover Explanation

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

Inmobiliaria Colonial SOCIMI's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=192.844/5651.445
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(192.844 / 360.26)*(360.26 / 12776.862)*(12776.862/ 5651.445)
=Net Margin %*Asset Turnover*Equity Multiplier
=53.53 %*0.0282*2.2608
=ROA %*Equity Multiplier
=1.51 %*2.2608
=3.41 %

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

Inmobiliaria Colonial SOCIMI's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=192.844/12776.862
=(Net Income / Revenue)*(Revenue / Total Assets)
=(192.844 / 360.26)*(360.26 / 12776.862)
=Net Margin %*Asset Turnover
=53.53 %*0.0282
=1.51 %

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


Inmobiliaria Colonial SOCIMI Asset Turnover Related Terms

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


Inmobiliaria Colonial SOCIMI (XMAD:COL) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana, 52, Madrid, ESP, 28046
Inmobiliaria Colonial SOCIMI SA is a real estate company in Spain. The company and its subsidiaries are in the business of lease and disposal of movable property and real estate. It specializes in leasing of offices in prime areas. The firm has rental business and land and development business segments. The activities of these segments include office rentals, shopping centers managed by Riofisa subgroup. The company mainly operates in Barcelona, Madrid, and Paris.

Inmobiliaria Colonial SOCIMI (XMAD:COL) Headlines

From GuruFocus

The Best Dividends on May 10, 2012

By Dividend Dividend 05-09-2012

Westport Funds Portfolio Review as of Dec. 31, 2013

By Holly LaFon Holly LaFon 03-26-2014

Aerospace, U.S. Defense Cuts and International Presence

By Vanin Aegea Vanin Aegea 10-22-2013

Jeff Ubben's Aerospace Defense Pick

By Vanina Egea Vanina Egea 03-17-2014

Tudor Investment buys Verizon, PayPal, Electronic Arts

By Tiziano Frateschi Tiziano Frateschi 11-29-2017

Rockwell Collins Inc: Fundamental Stock Research Analysis

By FAST Graphs FAST Graphs 12-13-2012

Rockwell Collins Inc. (COL) Sr. VP and CFO Patrick E Allen sells 19,000 Shares

By GuruFocus Research GuruFocus Editor 04-30-2010