GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » JMI Hospital Requisite Manufacturing Ltd (DHA:JHRML) » Definitions » Asset Turnover

JMI Hospital Requisite Manufacturing (DHA:JHRML) Asset Turnover : 0.00 (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is JMI Hospital Requisite Manufacturing Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JMI Hospital Requisite Manufacturing's Revenue for the six months ended in . 20 was BDT Mil. JMI Hospital Requisite Manufacturing's Total Assets for the quarter that ended in . 20 was BDT Mil. Therefore, JMI Hospital Requisite Manufacturing's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. JMI Hospital Requisite Manufacturing's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. JMI Hospital Requisite Manufacturing's annualized ROA % for the quarter that ended in . 20 was %.


JMI Hospital Requisite Manufacturing Asset Turnover Historical Data

The historical data trend for JMI Hospital Requisite Manufacturing'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.

JMI Hospital Requisite Manufacturing Asset Turnover Chart

JMI Hospital Requisite Manufacturing Annual Data
Trend
Asset Turnover

JMI Hospital Requisite Manufacturing Semi-Annual Data
Asset Turnover

Competitive Comparison of JMI Hospital Requisite Manufacturing's Asset Turnover

For the Medical Instruments & Supplies subindustry, JMI Hospital Requisite Manufacturing'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.


JMI Hospital Requisite Manufacturing's Asset Turnover Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JMI Hospital Requisite Manufacturing's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JMI Hospital Requisite Manufacturing's Asset Turnover falls into.



JMI Hospital Requisite Manufacturing Asset Turnover Calculation

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

JMI Hospital Requisite Manufacturing's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

JMI Hospital Requisite Manufacturing's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


JMI Hospital Requisite Manufacturing  (DHA:JHRML) Asset Turnover Explanation

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

JMI Hospital Requisite Manufacturing's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

JMI Hospital Requisite Manufacturing's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


JMI Hospital Requisite Manufacturing Asset Turnover Related Terms

Thank you for viewing the detailed overview of JMI Hospital Requisite Manufacturing's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


JMI Hospital Requisite Manufacturing (DHA:JHRML) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Ramna, Unique Heights, Level-11, Dhaka, BGD, 1217
JMI Hospital Requisite Manufacturing Ltd is engaged in the production of medical devices and components. Its products include Surgical Suture, Surgical Gloves, IV Cannula, Bulk Needle, Blister Film, Infusion Set Components, Blood Transfusion Set, Urine Drainage Bag, and Scalp Vein Set.

JMI Hospital Requisite Manufacturing (DHA:JHRML) Headlines

No Headlines