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Fedders Holding (BOM:511628) Asset Turnover : 0.12 (As of Dec. 2024)


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What is Fedders Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fedders Holding's Revenue for the three months ended in Dec. 2024 was ₹887 Mil. Fedders Holding's Total Assets for the quarter that ended in Dec. 2024 was ₹7,260 Mil. Therefore, Fedders Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Fedders Holding's annualized ROE % for the quarter that ended in Dec. 2024 was 2.61%. It is also linked to ROA % through Du Pont Formula. Fedders Holding's annualized ROA % for the quarter that ended in Dec. 2024 was 2.22%.


Fedders Holding Asset Turnover Historical Data

The historical data trend for Fedders Holding'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.

Fedders Holding Asset Turnover Chart

Fedders Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.06 0.78 0.56 1.35

Fedders Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.41 0.30 0.29 0.12 0.12

Competitive Comparison of Fedders Holding's Asset Turnover

For the Credit Services subindustry, Fedders Holding'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.


Fedders Holding's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fedders Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fedders Holding's Asset Turnover falls into.


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Fedders Holding Asset Turnover Calculation

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

Fedders Holding'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 )
=5355.383/( (2967.286+4985.066)/ 2 )
=5355.383/3976.176
=1.35

Fedders Holding's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=887.355/( (7260.169+0)/ 1 )
=887.355/7260.169
=0.12

* 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.


Fedders Holding  (BOM:511628) Asset Turnover Explanation

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

Fedders Holding's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=161.356/6186.679
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(161.356 / 3549.42)*(3549.42 / 7260.169)*(7260.169/ 6186.679)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.55 %*0.4889*1.1735
=ROA %*Equity Multiplier
=2.22 %*1.1735
=2.61 %

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

Fedders Holding's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=161.356/7260.169
=(Net Income / Revenue)*(Revenue / Total Assets)
=(161.356 / 3549.42)*(3549.42 / 7260.169)
=Net Margin %*Asset Turnover
=4.55 %*0.4889
=2.22 %

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


Fedders Holding Asset Turnover Related Terms

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Fedders Holding Business Description

Traded in Other Exchanges
N/A
Address
C-15, RDC, Raj Nagar, Ghaziabad, UP, IND, 201001
Fedders Holding Ltd provides Consultancy, Financial, and Asset Management Services. It offers a diverse range of services like Corporate Transactional Advisory, Leasing Advisory, RERA Advisory, Strategic Sales & Marketing Advisory, and Home Loans Assistance. It operates through one segment Consulting Services and Investments. The company generates a majority of its revenue from Interest Income on Loans & Advances. Geographically it derives maximum revenue within India.

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