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Jaysynth Dyestuff (India) (BOM:506910) Asset Turnover : 0.00 (As of Dec. 2023)


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What is Jaysynth Dyestuff (India) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jaysynth Dyestuff (India)'s Revenue for the three months ended in Dec. 2023 was ₹395.1 Mil. Jaysynth Dyestuff (India)'s Total Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil. Therefore, Jaysynth Dyestuff (India)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Jaysynth Dyestuff (India)'s annualized ROE % for the quarter that ended in Dec. 2023 was %. It is also linked to ROA % through Du Pont Formula. Jaysynth Dyestuff (India)'s annualized ROA % for the quarter that ended in Dec. 2023 was %.


Jaysynth Dyestuff (India) Asset Turnover Historical Data

The historical data trend for Jaysynth Dyestuff (India)'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.

Jaysynth Dyestuff (India) Asset Turnover Chart

Jaysynth Dyestuff (India) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.15 1.10 1.12 1.33

Jaysynth Dyestuff (India) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
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 0.33 0.27 0.27 - -

Competitive Comparison of Jaysynth Dyestuff (India)'s Asset Turnover

For the Specialty Chemicals subindustry, Jaysynth Dyestuff (India)'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.


Jaysynth Dyestuff (India)'s Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jaysynth Dyestuff (India)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jaysynth Dyestuff (India)'s Asset Turnover falls into.



Jaysynth Dyestuff (India) Asset Turnover Calculation

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

Jaysynth Dyestuff (India)'s Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=1590.199/( (1174.866+1221.239)/ 2 )
=1590.199/1198.0525
=1.33

Jaysynth Dyestuff (India)'s Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=395.055/( (0+0)/ 1 )
=395.055/0
=

* 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.


Jaysynth Dyestuff (India)  (BOM:506910) Asset Turnover Explanation

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

Jaysynth Dyestuff (India)'s annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=86.588/0
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(86.588 / 1580.22)*(1580.22 / 0)*(0/ 0)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.48 %**
=ROA %*Equity Multiplier
= %*
= %

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

Jaysynth Dyestuff (India)'s annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=86.588/0
=(Net Income / Revenue)*(Revenue / Total Assets)
=(86.588 / 1580.22)*(1580.22 / 0)
=Net Margin %*Asset Turnover
=5.48 %*
= %

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


Jaysynth Dyestuff (India) Asset Turnover Related Terms

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Jaysynth Dyestuff (India) (BOM:506910) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, 301, Sumer Kendra, Worli, Mumbai, MH, IND, 400018
Jaysynth Dyestuff (India) Ltd is an India based company engaged in the business of manufacturing dyes, pigments, and digital inks. It manufactures dyes, dyes intermediates, organic chemicals, textile auxiliaries, pigments, resins, plasticizers, and emulsions. The product range of dyes, pigments and digital inks is used in the industries such as textile, plastic, paints and coatings, printing inks, leather, and others. The company sells its products in India, and internationally, of which export sales are the key revenue driver for the company.

Jaysynth Dyestuff (India) (BOM:506910) Headlines

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