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PRTR Group PCL (BKK:PRTR) Asset Turnover : 0.83 (As of Sep. 2024)


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What is PRTR Group 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. PRTR Group PCL's Revenue for the three months ended in Sep. 2024 was ฿1,822 Mil. PRTR Group PCL's Total Assets for the quarter that ended in Sep. 2024 was ฿2,196 Mil. Therefore, PRTR Group PCL's Asset Turnover for the quarter that ended in Sep. 2024 was 0.83.

Asset Turnover is linked to ROE % through Du Pont Formula. PRTR Group PCL's annualized ROE % for the quarter that ended in Sep. 2024 was 14.99%. It is also linked to ROA % through Du Pont Formula. PRTR Group PCL's annualized ROA % for the quarter that ended in Sep. 2024 was 10.73%.


PRTR Group PCL Asset Turnover Historical Data

The historical data trend for PRTR Group 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.

PRTR Group PCL Asset Turnover Chart

PRTR Group PCL Annual Data
Trend Dec21 Dec22 Dec23
Asset Turnover
4.10 4.27 3.57

PRTR Group PCL Quarterly Data
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 0.80 0.86 0.82 0.85 0.83

Competitive Comparison of PRTR Group PCL's Asset Turnover

For the Staffing & Employment Services subindustry, PRTR Group 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.


PRTR Group PCL's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PRTR Group PCL's Asset Turnover distribution charts can be found below:

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


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PRTR Group PCL Asset Turnover Calculation

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

PRTR Group 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 )
=6407.772/( (1505.724+2084.092)/ 2 )
=6407.772/1794.908
=3.57

PRTR Group 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 )
=1822.359/( (2165.352+2226.697)/ 2 )
=1822.359/2196.0245
=0.83

* 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.


PRTR Group PCL  (BKK:PRTR) Asset Turnover Explanation

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

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

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=235.732/1572.2225
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(235.732 / 7289.436)*(7289.436 / 2196.0245)*(2196.0245/ 1572.2225)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.23 %*3.3194*1.3968
=ROA %*Equity Multiplier
=10.73 %*1.3968
=14.99 %

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:

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

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=235.732/2196.0245
=(Net Income / Revenue)*(Revenue / Total Assets)
=(235.732 / 7289.436)*(7289.436 / 2196.0245)
=Net Margin %*Asset Turnover
=3.23 %*3.3194
=10.73 %

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.


PRTR Group PCL Asset Turnover Related Terms

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PRTR Group PCL Business Description

Traded in Other Exchanges
N/A
Address
New Petchburi Road, 2034/82 Ital-Thai Tower, 18th Floor, Bangkapi, Huaykwang, Bangkok, THA, 10310
PRTR Group PCL provides end-to-end human resource services such as HR outsourcing service for companies and organizations; recruitment service for all-level positions that cater to clients demands; HR technology, online job platform NEXMOVE, and offline and online training service through BLACKSMITH mobile application and website. The company's reportable segments are Recruitment services, Training services, Human resources services and business process outsourcing, HR Platform, and Job Advertising. The majority of revenue is generated from Recruitment services.

PRTR Group PCL Headlines

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