GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Signaux Girod SA (XPAR:ALGIR) » Definitions » Asset Turnover

Signaux Girod (XPAR:ALGIR) Asset Turnover : 0.56 (As of Sep. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Signaux Girod Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Signaux Girod's Revenue for the six months ended in Sep. 2023 was €53.1 Mil. Signaux Girod's Total Assets for the quarter that ended in Sep. 2023 was €94.8 Mil. Therefore, Signaux Girod's Asset Turnover for the quarter that ended in Sep. 2023 was 0.56.

Asset Turnover is linked to ROE % through Du Pont Formula. Signaux Girod's annualized ROE % for the quarter that ended in Sep. 2023 was 8.13%. It is also linked to ROA % through Du Pont Formula. Signaux Girod's annualized ROA % for the quarter that ended in Sep. 2023 was 4.62%.


Signaux Girod Asset Turnover Historical Data

The historical data trend for Signaux Girod'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.

Signaux Girod Asset Turnover Chart

Signaux Girod Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.92 1.03 1.14 1.14

Signaux Girod Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.54 0.52 0.61 0.58 0.56

Competitive Comparison of Signaux Girod's Asset Turnover

For the Railroads subindustry, Signaux Girod'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.


Signaux Girod's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Signaux Girod's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Signaux Girod's Asset Turnover falls into.



Signaux Girod Asset Turnover Calculation

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

Signaux Girod'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 )
=105.253/( (88.031+96.273)/ 2 )
=105.253/92.152
=1.14

Signaux Girod'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 )
=53.117/( (93.358+96.273)/ 2 )
=53.117/94.8155
=0.56

* 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.


Signaux Girod  (XPAR:ALGIR) Asset Turnover Explanation

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

Signaux Girod's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=4.382/53.8895
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.382 / 106.234)*(106.234 / 94.8155)*(94.8155/ 53.8895)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.12 %*1.1204*1.7594
=ROA %*Equity Multiplier
=4.62 %*1.7594
=8.13 %

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:

Signaux Girod's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=4.382/94.8155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.382 / 106.234)*(106.234 / 94.8155)
=Net Margin %*Asset Turnover
=4.12 %*1.1204
=4.62 %

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.


Signaux Girod Asset Turnover Related Terms

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


Signaux Girod (XPAR:ALGIR) Business Description

Traded in Other Exchanges
N/A
Address
881 Route des Fontaines, P.O. Box 30004, Morez, Bellefontaine, FRA, 39400
Signaux Girod SA is a company engaged in the design and development, erection, maintenance and lease of road signs and associated products. The group product and service include enamel signage equipment: for airport and station signs, illuminated signs, cultural location signs, road signs, road sign equipment, ground marking services: for work on roads, parking lots, tourist signage equipment, location identification equipment: for information and orientation in a public or private place, street fittings: bus shelters, municipal display boards and temporary signage equipment. The group also distributes media to sign letterers, screen printers, sign painters, and digital printing specialists.

Signaux Girod (XPAR:ALGIR) Headlines

No Headlines