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USG Tech Solutions (BOM:532402) Asset Turnover : 0.00 (As of Dec. 2023)


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What is USG Tech Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. USG Tech Solutions's Revenue for the three months ended in Dec. 2023 was ₹0.00 Mil. USG Tech Solutions's Total Assets for the quarter that ended in Dec. 2023 was ₹548.77 Mil. Therefore, USG Tech Solutions's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. USG Tech Solutions's annualized ROE % for the quarter that ended in Dec. 2023 was -0.83%. It is also linked to ROA % through Du Pont Formula. USG Tech Solutions's annualized ROA % for the quarter that ended in Dec. 2023 was -0.58%.


USG Tech Solutions Asset Turnover Historical Data

The historical data trend for USG Tech Solutions'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.

USG Tech Solutions Asset Turnover Chart

USG Tech Solutions 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 0.02 0.02 0.07 - 0.01

USG Tech Solutions 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 - - - - -

Competitive Comparison of USG Tech Solutions's Asset Turnover

For the Software - Infrastructure subindustry, USG Tech Solutions'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.


USG Tech Solutions's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, USG Tech Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where USG Tech Solutions's Asset Turnover falls into.



USG Tech Solutions Asset Turnover Calculation

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

USG Tech Solutions'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 )
=2.748/( (465.747+422.734)/ 2 )
=2.748/444.2405
=0.01

USG Tech Solutions'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 )
=0/( (548.77+0)/ 1 )
=0/548.77
=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.


USG Tech Solutions  (BOM:532402) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-3.168/379.947
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.168 / 0)*(0 / 548.77)*(548.77/ 379.947)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.4443
=ROA %*Equity Multiplier
=-0.58 %*1.4443
=-0.83 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-3.168/548.77
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.168 / 0)*(0 / 548.77)
=Net Margin %*Asset Turnover
= %*0
=-0.58 %

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.


USG Tech Solutions Asset Turnover Related Terms

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USG Tech Solutions (BOM:532402) Business Description

Traded in Other Exchanges
N/A
Address
10 C, Under Hills Road, Civil Lines, Delhi, IND, 110054
USG Tech Solutions Ltd is engaged in software development, supply of software, consultancy in hardware, and to act as Consultancy in hardware and to act as Consultant , job worker, representative, advisor, or otherwise to deal in all kinds of computer software, equipment peripherals, and accessories. It also runs a computer Training center, conduct seminars, workshops, short term and long term courses on computer maintenance, software development and to develop and design software in India and abroad. The company provides placement of software professional consultancy services, advice in India an abroad manufacturing technical managerial and marketing services in computer education, software, and other allied fields. The company derives revenue from the software development.

USG Tech Solutions (BOM:532402) Headlines

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