GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » KT Medical Service PCL (BKK:KTMS) » Definitions » Asset Turnover

KT Medical Service PCL (BKK:KTMS) Asset Turnover : 0.18 (As of Sep. 2023)


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

What is KT Medical Service 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. KT Medical Service PCL's Revenue for the three months ended in Sep. 2023 was ฿117.4 Mil. KT Medical Service PCL's Total Assets for the quarter that ended in Sep. 2023 was ฿642.7 Mil. Therefore, KT Medical Service PCL's Asset Turnover for the quarter that ended in Sep. 2023 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. KT Medical Service PCL's annualized ROE % for the quarter that ended in Sep. 2023 was 3.24%. It is also linked to ROA % through Du Pont Formula. KT Medical Service PCL's annualized ROA % for the quarter that ended in Sep. 2023 was 2.44%.


KT Medical Service PCL Asset Turnover Historical Data

The historical data trend for KT Medical Service 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.

KT Medical Service PCL Asset Turnover Chart

KT Medical Service PCL Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
0.76 0.93 0.71

KT Medical Service PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.18 0.16 0.18 0.18

Competitive Comparison of KT Medical Service PCL's Asset Turnover

For the Medical Care Facilities subindustry, KT Medical Service 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.


KT Medical Service PCL's Asset Turnover Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, KT Medical Service PCL's Asset Turnover distribution charts can be found below:

* The bar in red indicates where KT Medical Service PCL's Asset Turnover falls into.



KT Medical Service PCL Asset Turnover Calculation

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

KT Medical Service PCL's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=377.627/( (388.574+682.189)/ 2 )
=377.627/535.3815
=0.71

KT Medical Service PCL's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=117.415/( (629.066+656.38)/ 2 )
=117.415/642.723
=0.18

* 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.


KT Medical Service PCL  (BKK:KTMS) Asset Turnover Explanation

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

KT Medical Service PCL's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=15.676/483.9315
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(15.676 / 469.66)*(469.66 / 642.723)*(642.723/ 483.9315)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.34 %*0.7307*1.3281
=ROA %*Equity Multiplier
=2.44 %*1.3281
=3.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

KT Medical Service PCL's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=15.676/642.723
=(Net Income / Revenue)*(Revenue / Total Assets)
=(15.676 / 469.66)*(469.66 / 642.723)
=Net Margin %*Asset Turnover
=3.34 %*0.7307
=2.44 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


KT Medical Service PCL Asset Turnover Related Terms

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


KT Medical Service PCL (BKK:KTMS) Business Description

Traded in Other Exchanges
N/A
Address
95 Soi Ram Intra 117 Ram Intra Road, Khwaeng Minburi, Khet Minburi, Bangkok, THA, 10510
KT Medical Service PCL is engaged in hemodialysis center, design, assembly and installation of pure water treatment system and service preventive maintenance of pure water treatment system for commercial and residential sector, industrial and original equipment manufacturing of water system sector and medical service sector. It has three segments which are Service of hemodialysis, Service of design and installation of pure water treatment system and service preventive maintenance of pure water treatment system for medical service and Services of design and installation of pneumatic tube system of equipment for medical service. The Group operates in Thailand.

KT Medical Service PCL (BKK:KTMS) Headlines

No Headlines