GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Compania Pesquera Camanchaca SA (XSGO:CAMANCHACA) » Definitions » Asset Turnover

Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Asset Turnover : 0.24 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Compania Pesquera Camanchaca Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Compania Pesquera Camanchaca's Revenue for the three months ended in Mar. 2024 was CLP188,008 Mil. Compania Pesquera Camanchaca's Total Assets for the quarter that ended in Mar. 2024 was CLP778,329 Mil. Therefore, Compania Pesquera Camanchaca's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Compania Pesquera Camanchaca's annualized ROE % for the quarter that ended in Mar. 2024 was 6.96%. It is also linked to ROA % through Du Pont Formula. Compania Pesquera Camanchaca's annualized ROA % for the quarter that ended in Mar. 2024 was 2.85%.


Compania Pesquera Camanchaca Asset Turnover Historical Data

The historical data trend for Compania Pesquera Camanchaca'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.

Compania Pesquera Camanchaca Asset Turnover Chart

Compania Pesquera Camanchaca Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.69 0.87 0.88 0.89

Compania Pesquera Camanchaca Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.23 0.23 0.18 0.24

Competitive Comparison of Compania Pesquera Camanchaca's Asset Turnover

For the Farm Products subindustry, Compania Pesquera Camanchaca'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.


Compania Pesquera Camanchaca's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Compania Pesquera Camanchaca's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Compania Pesquera Camanchaca's Asset Turnover falls into.



Compania Pesquera Camanchaca Asset Turnover Calculation

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

Compania Pesquera Camanchaca's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=665050.836/( (714905.255+775982.702)/ 2 )
=665050.836/745443.9785
=0.89

Compania Pesquera Camanchaca's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=188008.111/( (775982.702+780674.808)/ 2 )
=188008.111/778328.755
=0.24

* 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.


Compania Pesquera Camanchaca  (XSGO:CAMANCHACA) Asset Turnover Explanation

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

Compania Pesquera Camanchaca's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=22193.88/318889.0665
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22193.88 / 752032.444)*(752032.444 / 778328.755)*(778328.755/ 318889.0665)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.95 %*0.9662*2.4408
=ROA %*Equity Multiplier
=2.85 %*2.4408
=6.96 %

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

Compania Pesquera Camanchaca's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=22193.88/778328.755
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22193.88 / 752032.444)*(752032.444 / 778328.755)
=Net Margin %*Asset Turnover
=2.95 %*0.9662
=2.85 %

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


Compania Pesquera Camanchaca Asset Turnover Related Terms

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


Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Business Description

Traded in Other Exchanges
N/A
Address
Av.El Golf 99, Piso 10, Las Condes, Santiago, CHL
Compania Pesquera Camanchaca SA is engaged in pelagic fishing, production of fish meal, fish oil & canned products. It also engages in salmon aquaculture & cultivation of mussels, oysters & abalone. Its activities includes research and capture, hunt, collect and harvest hydrobiological resources; conservation, freezing and application of preservation techniques for hydrobiological species; the production of products from of any hydrobiological species.

Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Headlines

No Headlines