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Yarnapund PCL (BKK:YNP-R) Asset Turnover : 0.29 (As of Mar. 2019)


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What is Yarnapund 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. Yarnapund PCL's Revenue for the three months ended in Mar. 2019 was ฿1,249 Mil. Yarnapund PCL's Total Assets for the quarter that ended in Mar. 2019 was ฿4,310 Mil. Therefore, Yarnapund PCL's Asset Turnover for the quarter that ended in Mar. 2019 was 0.29.

Asset Turnover is linked to ROE % through Du Pont Formula. Yarnapund PCL's annualized ROE % for the quarter that ended in Mar. 2019 was 2.50%. It is also linked to ROA % through Du Pont Formula. Yarnapund PCL's annualized ROA % for the quarter that ended in Mar. 2019 was -2.12%.


Yarnapund PCL Asset Turnover Historical Data

The historical data trend for Yarnapund 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.

Yarnapund PCL Asset Turnover Chart

Yarnapund PCL Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.93 0.99 1.05 1.17

Yarnapund PCL Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.30 0.27 0.28 0.31 0.29

Competitive Comparison of Yarnapund PCL's Asset Turnover

For the Auto Parts subindustry, Yarnapund 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.


Yarnapund PCL's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yarnapund PCL's Asset Turnover distribution charts can be found below:

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



Yarnapund PCL Asset Turnover Calculation

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

Yarnapund PCL's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=5264.426/( (4614.892+4354.433)/ 2 )
=5264.426/4484.6625
=1.17

Yarnapund PCL's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=1249.238/( (4354.433+4265.462)/ 2 )
=1249.238/4309.9475
=0.29

* 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.


Yarnapund PCL  (BKK:YNP-R) Asset Turnover Explanation

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

Yarnapund PCL's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=-91.176/-3649.396
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-91.176 / 4996.952)*(4996.952 / 4309.9475)*(4309.9475/ -3649.396)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.82 %*1.1594*-1.181
=ROA %*Equity Multiplier
=-2.12 %*-1.181
=2.50 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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:

Yarnapund PCL's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=-91.176/4309.9475
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-91.176 / 4996.952)*(4996.952 / 4309.9475)
=Net Margin %*Asset Turnover
=-1.82 %*1.1594
=-2.12 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) net income data. The Revenue data used here is four times the quarterly (Mar. 2019) 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.


Yarnapund PCL Asset Turnover Related Terms

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Yarnapund PCL (BKK:YNP-R) Business Description

Traded in Other Exchanges
N/A
Address
70 Moo 1 Bangna-Trad Road, Rachathewa, Bangplee, Samutprakan, Bangkok, THA, 10540
Yarnapund PCL operates in the automotive sector. It is mainly engaged in the production and distribution of exhaust systems and press parts, as well as the design and manufacture of tooling. The product portfolio of the group consists of exhaust systems; accelerators, brakes, and clutch pedal sets; and press parts, including engine parts, body parts, chassis parts, and electrical parts. It also offers tooling products, such as dies, jigs, checking fixtures, and equipment; and distributes auto parts for vehicles. Geographically all the operations are functioned through the regions of Thailand.

Yarnapund PCL (BKK:YNP-R) Headlines

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