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Aeon Thana Sinsap (Thailand) PCL (BKK:AEONTS) Asset Turnover : 0.05 (As of Feb. 2024)


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What is Aeon Thana Sinsap (Thailand) PCL Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aeon Thana Sinsap (Thailand) PCL's Revenue for the three months ended in Feb. 2024 was ฿4,387 Mil. Aeon Thana Sinsap (Thailand) PCL's Total Assets for the quarter that ended in Feb. 2024 was ฿93,416 Mil. Therefore, Aeon Thana Sinsap (Thailand) PCL's Asset Turnover for the quarter that ended in Feb. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Aeon Thana Sinsap (Thailand) PCL's annualized ROE % for the quarter that ended in Feb. 2024 was 18.16%. It is also linked to ROA % through Du Pont Formula. Aeon Thana Sinsap (Thailand) PCL's annualized ROA % for the quarter that ended in Feb. 2024 was 4.68%.


Aeon Thana Sinsap (Thailand) PCL Asset Turnover Historical Data

The historical data trend for Aeon Thana Sinsap (Thailand) PCL'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.

Aeon Thana Sinsap (Thailand) PCL Asset Turnover Chart

Aeon Thana Sinsap (Thailand) PCL Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.19 0.20 0.20 0.19

Aeon Thana Sinsap (Thailand) PCL Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Aeon Thana Sinsap (Thailand) PCL's Asset Turnover

For the Credit Services subindustry, Aeon Thana Sinsap (Thailand) PCL'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.


Aeon Thana Sinsap (Thailand) PCL's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Aeon Thana Sinsap (Thailand) PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aeon Thana Sinsap (Thailand) PCL's Asset Turnover falls into.



Aeon Thana Sinsap (Thailand) PCL Asset Turnover Calculation

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

Aeon Thana Sinsap (Thailand) PCL's Asset Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=17954.804/( (95206.686+92498.53)/ 2 )
=17954.804/93852.608
=0.19

Aeon Thana Sinsap (Thailand) PCL's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=4386.795/( (94333.455+92498.53)/ 2 )
=4386.795/93415.9925
=0.05

* 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.


Aeon Thana Sinsap (Thailand) PCL  (BKK:AEONTS) Asset Turnover Explanation

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

Aeon Thana Sinsap (Thailand) PCL's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=4374.284/24088.5595
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4374.284 / 17547.18)*(17547.18 / 93415.9925)*(93415.9925/ 24088.5595)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.93 %*0.1878*3.878
=ROA %*Equity Multiplier
=4.68 %*3.878
=18.16 %

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

Aeon Thana Sinsap (Thailand) PCL's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=4374.284/93415.9925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4374.284 / 17547.18)*(17547.18 / 93415.9925)
=Net Margin %*Asset Turnover
=24.93 %*0.1878
=4.68 %

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


Aeon Thana Sinsap (Thailand) PCL Asset Turnover Related Terms

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Aeon Thana Sinsap (Thailand) PCL (BKK:AEONTS) Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 388, 27th Floor, Exchange Tower, Klongtoey, Bangkok, THA, 10110
Aeon Thana Sinsap (Thailand) PCL provides retail financial services including credit card issuance, hire-purchase loans, and other personal loans that collectively provide almost all the company's revenue. The company operates in two segments; Retail finance services and Other business. It generates maximum revenue from the Retail finance services segment.

Aeon Thana Sinsap (Thailand) PCL (BKK:AEONTS) Headlines

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