Veekayem Fashion & Apparels (NSE:VEEKAYEM) Scaled Net Operating Assets : 0.95 (As of Mar. 2024)

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

What is Veekayem Fashion & Apparels Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Veekayem Fashion & Apparels's operating assets for the quarter that ended in Mar. 2024 was ₹1,554 Mil. Veekayem Fashion & Apparels's operating liabilities for the quarter that ended in Mar. 2024 was ₹185 Mil. Veekayem Fashion & Apparels's Total Assets for the quarter that ended in Mar. 2023 was ₹1,437 Mil. Therefore, Veekayem Fashion & Apparels's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.95.

Veekayem Fashion & Apparels Scaled Net Operating Assets Historical Data

The historical data trend for Veekayem Fashion & Apparels's Scaled Net Operating Assets 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.

Veekayem Fashion & Apparels Scaled Net Operating Assets Chart

Veekayem Fashion & Apparels Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Scaled Net Operating Assets

0.83

0.89

0.91

0.95

Veekayem Fashion & Apparels Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Scaled Net Operating Assets	0.83	0.89	0.91	0.95	0.95

Competitive Comparison of Veekayem Fashion & Apparels's Scaled Net Operating Assets

For the Textile Manufacturing subindustry, Veekayem Fashion & Apparels's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Veekayem Fashion & Apparels's Scaled Net Operating Assets Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veekayem Fashion & Apparels's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Veekayem Fashion & Apparels's Scaled Net Operating Assets falls into.

Save Embed

;

Save Embed

;

Veekayem Fashion & Apparels Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Veekayem Fashion & Apparels's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(1553.731	-	185.455)	/	1437.268
=	0.95

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1554.435	-	0.704
=	1553.731

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1141.915	-	87.232	-	869.228
=	185.455

Veekayem Fashion & Apparels's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Mar. 2023 )
=	(1553.731	-	185.455)	/	1437.268
=	0.95

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	1554.435	-	0.704
=	1553.731

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	1141.915	-	87.232	-	869.228
=	185.455

Veekayem Fashion & Apparels Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Veekayem Fashion & Apparels's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Veekayem Fashion & Apparels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Veekayem Fashion & Apparels Ltd (NSE:VEEKAYEM) » Definitions » Scaled Net Operating Assets

Traded in Other Exchanges

N/A

Address

Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063

Website

https://www.vkmgroups.com

Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.

Veekayem Fashion & Apparels Headlines

No Headlines