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BEC World PCL (BKK:BEC) Asset Turnover : 0.11 (As of Sep. 2024)


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What is BEC World PCL Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BEC World PCL's Revenue for the three months ended in Sep. 2024 was ฿1,068 Mil. BEC World PCL's Total Assets for the quarter that ended in Sep. 2024 was ฿9,382 Mil. Therefore, BEC World PCL's Asset Turnover for the quarter that ended in Sep. 2024 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. BEC World PCL's annualized ROE % for the quarter that ended in Sep. 2024 was 3.01%. It is also linked to ROA % through Du Pont Formula. BEC World PCL's annualized ROA % for the quarter that ended in Sep. 2024 was 1.96%.


BEC World PCL Asset Turnover Historical Data

The historical data trend for BEC World PCL'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.

BEC World PCL Asset Turnover Chart

BEC World PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.56 0.57 0.51 0.49

BEC World PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.12 0.14 0.10 0.12 0.11

Competitive Comparison of BEC World PCL's Asset Turnover

For the Broadcasting subindustry, BEC World PCL'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.


BEC World PCL's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BEC World PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BEC World PCL's Asset Turnover falls into.



BEC World PCL Asset Turnover Calculation

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

BEC World PCL's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=4652.934/( (9616.862+9441.158)/ 2 )
=4652.934/9529.01
=0.49

BEC World PCL's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1068.382/( (9377.096+9386.059)/ 2 )
=1068.382/9381.5775
=0.11

* 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.


BEC World PCL  (BKK:BEC) Asset Turnover Explanation

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

BEC World PCL's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=183.752/6095.116
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(183.752 / 4273.528)*(4273.528 / 9381.5775)*(9381.5775/ 6095.116)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.3 %*0.4555*1.5392
=ROA %*Equity Multiplier
=1.96 %*1.5392
=3.01 %

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

BEC World PCL's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=183.752/9381.5775
=(Net Income / Revenue)*(Revenue / Total Assets)
=(183.752 / 4273.528)*(4273.528 / 9381.5775)
=Net Margin %*Asset Turnover
=4.3 %*0.4555
=1.96 %

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


BEC World PCL Asset Turnover Related Terms

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BEC World PCL Business Description

Traded in Other Exchanges
N/A
Address
3199 Rama IV Road, Floor 2,3,4,9,10,30-34 floors, Maleenont Tower, Kwaeng Klongton, Khet Klongtoey, Bangkok, THA, 10110
BEC World PCL is a television broadcast company based in Thailand. The company's primary business units include broadcast television and radio operations. The company is engaged in Providing, and producing TV programs and selling air time including management services to subsidiaries. The company operates in the entertainment and recreation segment. It generates its revenue in Thailand.

BEC World PCL Headlines

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