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PAN India (BOM:511525) Asset Turnover : 0.00 (As of Mar. 2024)


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What is PAN 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. PAN India's Revenue for the three months ended in Mar. 2024 was ₹0.00 Mil. PAN India's Total Assets for the quarter that ended in Mar. 2024 was ₹155.92 Mil. Therefore, PAN India's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PAN India's annualized ROE % for the quarter that ended in Mar. 2024 was 15.01%. It is also linked to ROA % through Du Pont Formula. PAN India's annualized ROA % for the quarter that ended in Mar. 2024 was 12.33%.


PAN India Asset Turnover Historical Data

The historical data trend for PAN 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.

PAN India Asset Turnover Chart

PAN India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
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PAN India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
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Competitive Comparison of PAN India's Asset Turnover

For the Capital Markets subindustry, PAN 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.


PAN India's Asset Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PAN India's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PAN India's Asset Turnover falls into.



PAN India Asset Turnover Calculation

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

PAN India's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=0.1/( (160.298+155.918)/ 2 )
=0.1/158.108
=0.00

PAN India's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0/( (0+155.918)/ 1 )
=0/155.918
=0.00

* 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.


PAN India  (BOM:511525) Asset Turnover Explanation

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

PAN India's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=19.224/128.095
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(19.224 / 0)*(0 / 155.918)*(155.918/ 128.095)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.2172
=ROA %*Equity Multiplier
=12.33 %*1.2172
=15.01 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

PAN India's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=19.224/155.918
=(Net Income / Revenue)*(Revenue / Total Assets)
=(19.224 / 0)*(0 / 155.918)
=Net Margin %*Asset Turnover
= %*0
=12.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


PAN India Asset Turnover Related Terms

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PAN India (BOM:511525) Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Barakhamba Road, No. 711, 7th Floor, New Delhi House, Cannaught Place, New Delhi, IND, 110001
PAN India Corp Ltd is engaged in the capital markets business sector. The company is engaged in the business to invest in, buying, selling, transferring, hypothecating, dealing in, and disposing of any shares, stocks, debentures (whether perpetual or redeemable debentures), debenture stock, securities, including securities of any government, Local Authority, bonds, and certificates and properties (whether Immovable or movable). Geographically, the company operates in the Indian market.

PAN India (BOM:511525) Headlines

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