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Internet Thailand PCL (BKK:INET-R) Asset Turnover : 0.04 (As of Mar. 2024)


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What is Internet Thailand 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. Internet Thailand PCL's Revenue for the three months ended in Mar. 2024 was ฿600 Mil. Internet Thailand PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿14,157 Mil. Therefore, Internet Thailand PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Internet Thailand PCL's annualized ROE % for the quarter that ended in Mar. 2024 was 8.36%. It is also linked to ROA % through Du Pont Formula. Internet Thailand PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 1.56%.


Internet Thailand PCL Asset Turnover Historical Data

The historical data trend for Internet Thailand 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.

Internet Thailand PCL Asset Turnover Chart

Internet Thailand 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 0.33 0.27 0.22 0.20 0.17

Internet Thailand PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Internet Thailand PCL's Asset Turnover

For the Information Technology Services subindustry, Internet Thailand 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.


Internet Thailand PCL's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Internet Thailand PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Internet Thailand PCL's Asset Turnover falls into.



Internet Thailand PCL Asset Turnover Calculation

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

Internet Thailand 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 )
=2089.511/( (10892.44+13128.053)/ 2 )
=2089.511/12010.2465
=0.17

Internet Thailand PCL's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=600.377/( (13128.053+15186.777)/ 2 )
=600.377/14157.415
=0.04

* 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.


Internet Thailand PCL  (BKK:INET-R) Asset Turnover Explanation

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

Internet Thailand PCL's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=220.988/2642.7025
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(220.988 / 2401.508)*(2401.508 / 14157.415)*(14157.415/ 2642.7025)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.2 %*0.1696*5.3572
=ROA %*Equity Multiplier
=1.56 %*5.3572
=8.36 %

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

Internet Thailand PCL's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=220.988/14157.415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(220.988 / 2401.508)*(2401.508 / 14157.415)
=Net Margin %*Asset Turnover
=9.2 %*0.1696
=1.56 %

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


Internet Thailand PCL Asset Turnover Related Terms

Thank you for viewing the detailed overview of Internet Thailand PCL's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Internet Thailand PCL (BKK:INET-R) Business Description

Traded in Other Exchanges
Address
New Petchburi Road, No. 1768 Thai Summit Tower, 10th - 12th Floors, and the IT Floor, Bangkapi Sub-district, Huay Khwang District, Bangkok, THA, 10310
Internet Thailand PCL is a Thailand based company involved in IT business sector. The company's business is distinguished into groups, which are full Internet access business, data center, business solutions, cloud services, EDC network pool services, and software services. The Internet access business provides full Internet services for home access and business access along with a one-stop service. Its data center provides an Internet data center, which is an information center composed of a security center, disaster recovery center, Web hosting, dedicated server, and co-location. It operates in two business segments which are the Provision of internet access services (Access business); and Integrated services in relation to information and communication technologies (Business solutions).

Internet Thailand PCL (BKK:INET-R) Headlines

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