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Rashi Peripherals (NSE:RPTECH) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Rashi Peripherals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rashi Peripherals's Revenue for the three months ended in Sep. 2023 was ₹0 Mil. Rashi Peripherals's Total Assets for the quarter that ended in Sep. 2023 was ₹34,286 Mil. Therefore, Rashi Peripherals's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Rashi Peripherals's annualized ROE % for the quarter that ended in Sep. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Rashi Peripherals's annualized ROA % for the quarter that ended in Sep. 2023 was 0.00%.


Rashi Peripherals Asset Turnover Historical Data

The historical data trend for Rashi Peripherals'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.

Rashi Peripherals Asset Turnover Chart

Rashi Peripherals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Asset Turnover
3.63 4.42 4.37 3.46

Rashi Peripherals Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Asset Turnover Get a 7-Day Free Trial - - - - -

Competitive Comparison of Rashi Peripherals's Asset Turnover

For the Electronics & Computer Distribution subindustry, Rashi Peripherals'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.


Rashi Peripherals's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rashi Peripherals's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rashi Peripherals's Asset Turnover falls into.



Rashi Peripherals Asset Turnover Calculation

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

Rashi Peripherals'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 )
=94542.79/( (26701.58+27985.99)/ 2 )
=94542.79/27343.785
=3.46

Rashi Peripherals'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 )
=0/( (27985.99+40586.37)/ 2 )
=0/34286.18
=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.


Rashi Peripherals  (NSE:RPTECH) Asset Turnover Explanation

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

Rashi Peripherals's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0/7364.98
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 34286.18)*(34286.18/ 7364.98)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*4.6553
=ROA %*Equity Multiplier
=0.00 %*4.6553
=0.00 %

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

Rashi Peripherals's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=0/34286.18
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 34286.18)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

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


Rashi Peripherals Asset Turnover Related Terms

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Rashi Peripherals (NSE:RPTECH) Business Description

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Website
Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

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