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Gamuda Bhd (XKLS:5398) Asset Turnover : 0.13 (As of Jan. 2024)


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What is Gamuda Bhd Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gamuda Bhd's Revenue for the three months ended in Jan. 2024 was RM3,331 Mil. Gamuda Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM24,783 Mil. Therefore, Gamuda Bhd's Asset Turnover for the quarter that ended in Jan. 2024 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Gamuda Bhd's annualized ROE % for the quarter that ended in Jan. 2024 was 7.36%. It is also linked to ROA % through Du Pont Formula. Gamuda Bhd's annualized ROA % for the quarter that ended in Jan. 2024 was 3.37%.


Gamuda Bhd Asset Turnover Historical Data

The historical data trend for Gamuda Bhd'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.

Gamuda Bhd Asset Turnover Chart

Gamuda Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.21 0.18 0.25 0.37

Gamuda Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.07 0.11 0.16 0.12 0.13

Competitive Comparison of Gamuda Bhd's Asset Turnover

For the Engineering & Construction subindustry, Gamuda Bhd'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.


Gamuda Bhd's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gamuda Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gamuda Bhd's Asset Turnover falls into.



Gamuda Bhd Asset Turnover Calculation

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

Gamuda Bhd's Asset Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=8220.426/( (20262.726+23784.309)/ 2 )
=8220.426/22023.5175
=0.37

Gamuda Bhd's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=3330.799/( (24224.501+25341.152)/ 2 )
=3330.799/24782.8265
=0.13

* 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.


Gamuda Bhd  (XKLS:5398) Asset Turnover Explanation

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

Gamuda Bhd's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=835.208/11348.737
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(835.208 / 13323.196)*(13323.196 / 24782.8265)*(24782.8265/ 11348.737)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.27 %*0.5376*2.1838
=ROA %*Equity Multiplier
=3.37 %*2.1838
=7.36 %

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

Gamuda Bhd's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=835.208/24782.8265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(835.208 / 13323.196)*(13323.196 / 24782.8265)
=Net Margin %*Asset Turnover
=6.27 %*0.5376
=3.37 %

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


Gamuda Bhd Asset Turnover Related Terms

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Gamuda Bhd (XKLS:5398) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan PJU8/8A, Menara Gamuda, D-16-01, Block D, PJ Trade Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
Gamuda Bhdis one of Malaysia's firms in infrastructure and property development. It helps construct highways, plants, ports, and other industrial developments throughout select regions, and the company also develops residential and commercial communities. The company has three core business divisions: engineering and construction, property development, and water and expressway concessions. The engineering and construction segment generates more than half of the total revenue. Concessions granted to Gamuda from government authorities pertain to operating highways and water management. Gamuda operates highway tolls and works to minimize traffic congestion. As a water provider, it uses a multistep process to supply fresh clean water.

Gamuda Bhd (XKLS:5398) Headlines

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