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Dexon Technology PCL (BKK:DEXON) Asset Turnover : 0.22 (As of Dec. 2024)


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What is Dexon Technology 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. Dexon Technology PCL's Revenue for the three months ended in Dec. 2024 was ฿234.8 Mil. Dexon Technology PCL's Total Assets for the quarter that ended in Dec. 2024 was ฿1,076.5 Mil. Therefore, Dexon Technology PCL's Asset Turnover for the quarter that ended in Dec. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Dexon Technology PCL's annualized ROE % for the quarter that ended in Dec. 2024 was 23.22%. It is also linked to ROA % through Du Pont Formula. Dexon Technology PCL's annualized ROA % for the quarter that ended in Dec. 2024 was 18.53%.


Dexon Technology PCL Asset Turnover Historical Data

The historical data trend for Dexon Technology 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.

Dexon Technology PCL Asset Turnover Chart

Dexon Technology PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Asset Turnover
0.78 1.01 0.77 0.71

Dexon Technology PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.26 0.19 0.18 0.22

Competitive Comparison of Dexon Technology PCL's Asset Turnover

For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.


Dexon Technology PCL's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dexon Technology PCL's Asset Turnover falls into.


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Dexon Technology PCL Asset Turnover Calculation

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

Dexon Technology PCL's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=754.831/( (1034.838+1089.052)/ 2 )
=754.831/1061.945
=0.71

Dexon Technology PCL's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=234.808/( (1064.037+1089.052)/ 2 )
=234.808/1076.5445
=0.22

* 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.


Dexon Technology PCL  (BKK:DEXON) Asset Turnover Explanation

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

Dexon Technology PCL's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=199.524/859.1845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(199.524 / 939.232)*(939.232 / 1076.5445)*(1076.5445/ 859.1845)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.24 %*0.8725*1.253
=ROA %*Equity Multiplier
=18.53 %*1.253
=23.22 %

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

Dexon Technology PCL's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=199.524/1076.5445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(199.524 / 939.232)*(939.232 / 1076.5445)
=Net Margin %*Asset Turnover
=21.24 %*0.8725
=18.53 %

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


Dexon Technology PCL Asset Turnover Related Terms

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Dexon Technology PCL Business Description

Traded in Other Exchanges
N/A
Address
78/4-5 Moo 6, Sukhumvit Road, Ban Chang, Rayong, THA, 21130
Dexon Technology PCL is engaged in providing non-destructive inspection services, inspection training across the board of inspection standards and distributor of tools, spare parts and equipment used for the inspection of goods quality. For management purposes, the Group has organized into business units based on its services and have seven reportable segments which includes Research and development innovation segment, Advance In-line inspection technology segment, Advance non-destructive testing technology segment, Asset integrity management service segment, and Conventional non-destructive inspection segment, training services and sales.

Dexon Technology PCL Headlines

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