Ramgopal Polytex (BOM:514223) Asset Turnover: 0.00 (As of . 20)

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What is Ramgopal Polytex Asset Turnover?

Ramgopal Polytex BOM:514223 -0.38% Asset Turnover is 0.00 as of . 20.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ramgopal Polytex's Revenue for the three months ended in . 20 was ₹ Mil. Ramgopal Polytex's Total Assets for the quarter that ended in . 20 was ₹ Mil. Therefore, Ramgopal Polytex's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Ramgopal Polytex's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Ramgopal Polytex's annualized ROA % for the quarter that ended in . 20 was %.


Ramgopal Polytex  (BOM:514223) Asset Turnover Explanation

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

Ramgopal Polytex's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Ramgopal Polytex's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Ramgopal Polytex Asset Turnover Related Terms


Ramgopal Polytex Asset Turnover Historical Data

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The historical data trend for Ramgopal Polytex'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.

Ramgopal Polytex Asset Turnover Chart

Ramgopal Polytex Annual Data
Trend
Asset Turnover

Ramgopal Polytex Quarterly Data
Asset Turnover

BOM:514223 vs LIN, ECL, SHW: Asset Turnover Comparison

For the Textile Manufacturing subindustry, Ramgopal Polytex'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.


Ramgopal Polytex Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ramgopal Polytex's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ramgopal Polytex's Asset Turnover falls into.



Ramgopal Polytex Asset Turnover Calculation

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

Ramgopal Polytex's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Ramgopal Polytex's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Ramgopal Polytex (BOM:514223) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ramgopal Polytex and its competitors.
Is Ramgopal Polytex's Asset Turnover too high?
Ramgopal Polytex's current Asset Turnover is 0.00.
How does Ramgopal Polytex's Asset Turnover compare to LIN and ECL?
Ramgopal Polytex's Asset Turnover of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ramgopal Polytex and its competitors. Ramgopal Polytex's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramgopal Polytex stock overvalued right now?
Ramgopal Polytex (BOM:514223) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Ramgopal Polytex (BOM:514223), the current Asset Turnover is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ramgopal Polytex Business Description

Address Free Press Journal Marg, 701, Tulsiani Chambers, Nariman point, Mumbai, MH, IND, 400 021
Ramgopal Polytex Ltd is a company operating in the textile industry. The company is engaged in the trading of polymers, yarn, etc. Its Plastic products include HDPE, PP, LLDP, and PBC. The company's textile products include Polyester spurn yarn, POY, PFY, Spandex, Yarn, Viscose, and Rayon Filament Yarn. Its Steel and Metal products include Iron Ore, Pig-Iron, Ferroy Alloys, Deformed Bars, Wire Rods, Round Bars, HR Coils, CR Coils, Galvanised Coils, Seamless Pipes, Stainless Steel Pipes, and Steel Billets. The company's only operating segment is trading in commodities such as yarn, polymer, etc.