GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Impex Ferro Tech Ltd (BOM:532614) » Definitions » Asset Turnover

Impex Ferro Tech (BOM:532614) Asset Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Impex Ferro Tech Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Impex Ferro Tech's Revenue for the three months ended in Dec. 2023 was ₹5.47 Mil. Impex Ferro Tech's Total Assets for the quarter that ended in Dec. 2023 was ₹2,196.75 Mil. Therefore, Impex Ferro Tech's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Impex Ferro Tech's annualized ROE % for the quarter that ended in Dec. 2023 was 4.97%. It is also linked to ROA % through Du Pont Formula. Impex Ferro Tech's annualized ROA % for the quarter that ended in Dec. 2023 was -6.43%.


Impex Ferro Tech Asset Turnover Historical Data

The historical data trend for Impex Ferro Tech'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.

Impex Ferro Tech Asset Turnover Chart

Impex Ferro Tech Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.23 0.39 1.16 0.63

Impex Ferro Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.02 0.02 - 0.01 -

Competitive Comparison of Impex Ferro Tech's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Impex Ferro Tech'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.


Impex Ferro Tech's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Impex Ferro Tech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Impex Ferro Tech's Asset Turnover falls into.



Impex Ferro Tech Asset Turnover Calculation

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

Impex Ferro Tech's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=1431.647/( (2513.609+2050.726)/ 2 )
=1431.647/2282.1675
=0.63

Impex Ferro Tech's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5.467/( (2196.747+0)/ 1 )
=5.467/2196.747
=0.00

* 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.


Impex Ferro Tech  (BOM:532614) Asset Turnover Explanation

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

Impex Ferro Tech's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-141.18/-2841.05
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-141.18 / 21.868)*(21.868 / 2196.747)*(2196.747/ -2841.05)
=Net Margin %*Asset Turnover*Equity Multiplier
=-645.6 %*0.01*-0.7732
=ROA %*Equity Multiplier
=-6.43 %*-0.7732
=4.97 %

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

Impex Ferro Tech's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-141.18/2196.747
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-141.18 / 21.868)*(21.868 / 2196.747)
=Net Margin %*Asset Turnover
=-645.6 %*0.01
=-6.43 %

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


Impex Ferro Tech Asset Turnover Related Terms

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


Impex Ferro Tech (BOM:532614) Business Description

Traded in Other Exchanges
Address
132A, S. P. Mukherjee Road, SKP House, Kolkatta, WB, IND, 700026
Impex Ferro Tech Ltd is an Indian firm engaged in the business line of manufacturing Ferro Alloys (ferro manganese / silico manganese) and trading in iron and steel products. Its products include silico manganese, high-carbon ferro manganese, and medium-carbon ferro manganese. The company operates in a single segment called Ferro Alloys.

Impex Ferro Tech (BOM:532614) Headlines

No Headlines