GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JAS Asset PCL (BKK:J) » Definitions » Asset Turnover

JAS Asset PCL (BKK:J) Asset Turnover : 0.02 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is JAS Asset 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. JAS Asset PCL's Revenue for the three months ended in Sep. 2024 was ฿153.0 Mil. JAS Asset PCL's Total Assets for the quarter that ended in Sep. 2024 was ฿6,660.0 Mil. Therefore, JAS Asset PCL's Asset Turnover for the quarter that ended in Sep. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. JAS Asset PCL's annualized ROE % for the quarter that ended in Sep. 2024 was 1.85%. It is also linked to ROA % through Du Pont Formula. JAS Asset PCL's annualized ROA % for the quarter that ended in Sep. 2024 was 1.05%.


JAS Asset PCL Asset Turnover Historical Data

The historical data trend for JAS Asset 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.

JAS Asset PCL Asset Turnover Chart

JAS Asset 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 0.38 0.19 0.11 0.12 0.10

JAS Asset 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 0.03 0.03 0.02 0.02 0.02

Competitive Comparison of JAS Asset PCL's Asset Turnover

For the Real Estate Services subindustry, JAS Asset 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.


JAS Asset PCL's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JAS Asset PCL's Asset Turnover distribution charts can be found below:

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



JAS Asset PCL Asset Turnover Calculation

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

JAS Asset 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 )
=552.329/( (4696.416+5923.042)/ 2 )
=552.329/5309.729
=0.10

JAS Asset 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 )
=153.044/( (6589.531+6730.522)/ 2 )
=153.044/6660.0265
=0.02

* 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.


JAS Asset PCL  (BKK:J) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=69.752/3767.4425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(69.752 / 612.176)*(612.176 / 6660.0265)*(6660.0265/ 3767.4425)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.39 %*0.0919*1.7678
=ROA %*Equity Multiplier
=1.05 %*1.7678
=1.85 %

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:

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

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=69.752/6660.0265
=(Net Income / Revenue)*(Revenue / Total Assets)
=(69.752 / 612.176)*(612.176 / 6660.0265)
=Net Margin %*Asset Turnover
=11.39 %*0.0919
=1.05 %

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.


JAS Asset PCL Asset Turnover Related Terms

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


JAS Asset PCL Business Description

Traded in Other Exchanges
N/A
Address
Ladplakhao Road, No.87, The Jas Ramintra Building, 3rd Floor, Room A315, Anusawari Sub-district, Bang Khen District, Bangkok, THA, 10220
JAS Asset PCL is engaged in providing rental and related services and runs the business of organizing the rented space in shopping centers with an emphasis on the mobile phone and IT product zones. Geographically the company provides its services only to the Thailand market. The business of the company operates in segments that are; Rental and related services business, Real estate business and others. The company generates maximum revenue from rental and related services business segment.