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Deutsche Postbank AG (XSWX:DPB) Asset Turnover : 0.03 (As of Dec. 2016)


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What is Deutsche Postbank AG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Deutsche Postbank AG's Revenue for the six months ended in Dec. 2016 was CHF3,430 Mil. Deutsche Postbank AG's Total Assets for the quarter that ended in Dec. 2016 was CHF137,721 Mil. Therefore, Deutsche Postbank AG's Asset Turnover for the quarter that ended in Dec. 2016 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Deutsche Postbank AG's annualized ROE % for the quarter that ended in Dec. 2016 was 0.00%. It is also linked to ROA % through Du Pont Formula. Deutsche Postbank AG's annualized ROA % for the quarter that ended in Dec. 2016 was 0.00%.


Deutsche Postbank AG Asset Turnover Historical Data

The historical data trend for Deutsche Postbank AG'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.

Deutsche Postbank AG Asset Turnover Chart

Deutsche Postbank AG Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.03 0.02 0.03

Deutsche Postbank AG Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
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 0.02 0.02 0.03 0.02 0.03

Competitive Comparison of Deutsche Postbank AG's Asset Turnover

For the Banks - Diversified subindustry, Deutsche Postbank AG'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.


Deutsche Postbank AG's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Deutsche Postbank AG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Deutsche Postbank AG's Asset Turnover falls into.



Deutsche Postbank AG Asset Turnover Calculation

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

Deutsche Postbank AG's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=3430.259/( (139139.478+136301.737)/ 2 )
=3430.259/137720.6075
=0.02

Deutsche Postbank AG's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Dec. 2016 ))/ count )
=3430.259/( (139139.478+136301.737)/ 2 )
=3430.259/137720.6075
=0.02

* 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.


Deutsche Postbank AG  (XSWX:DPB) Asset Turnover Explanation

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

Deutsche Postbank AG's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=0/3055.5615
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 6860.518)*(6860.518 / 137720.6075)*(137720.6075/ 3055.5615)
=Net Margin %*Asset Turnover*Equity Multiplier
=0 %*0.0498*45.0721
=ROA %*Equity Multiplier
=0.00 %*45.0721
=0.00 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2016) net income data. The Revenue data used here is two times the semi-annual (Dec. 2016) 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:

Deutsche Postbank AG's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=0/137720.6075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 6860.518)*(6860.518 / 137720.6075)
=Net Margin %*Asset Turnover
=0 %*0.0498
=0.00 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2016) net income data. The Revenue data used here is two times the semi-annual (Dec. 2016) 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.


Deutsche Postbank AG Asset Turnover Related Terms

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Deutsche Postbank AG (XSWX:DPB) Business Description

Traded in Other Exchanges
N/A
Address
Deutsche Postbank AG is a financial service provider. It focuses on business with private customers and with small and medium-sized companies. It offers simple, low-cost products for day-to-day needs to its private customers. Its products and services range from payment transactions and deposit and lending business to bonds, investment funds, insurance policies and home savings contracts. The company's customers include self-employed professionals, freelancers, business proprietors, associations and condominium owners' associations.

Deutsche Postbank AG (XSWX:DPB) Headlines

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