Info-Drive Software (BOM:530703) Asset Turnover: 0.42 (As of Mar. 2017)

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What is Info-Drive Software Asset Turnover?

Info-Drive Software BOM:530703 Asset Turnover is 0.42 as of Mar. 2017.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Info-Drive Software's Revenue for the six months ended in Mar. 2017 was ₹1,204 Mil. Info-Drive Software's Total Assets for the quarter that ended in Mar. 2017 was ₹2,845 Mil. Therefore, Info-Drive Software's Asset Turnover for the quarter that ended in Mar. 2017 was 0.42.

Asset Turnover is linked to ROE % through Du Pont Formula. Info-Drive Software's annualized ROE % for the quarter that ended in Mar. 2017 was 9.77%. It is also linked to ROA % through Du Pont Formula. Info-Drive Software's annualized ROA % for the quarter that ended in Mar. 2017 was 5.20%.


Info-Drive Software  (BOM:530703) Asset Turnover Explanation

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

Info-Drive Software's annulized ROE % for the quarter that ended in Mar. 2017 is

ROE %**(Q: Mar. 2017 )
=Net Income/Total Stockholders Equity
=147.806/1512.358
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(147.806 / 2408.992)*(2408.992 / 2845.1495)*(2845.1495/ 1512.358)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.14 %*0.8467*1.8813
=ROA %*Equity Multiplier
=5.20 %*1.8813
=9.77 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2017) net income data. The Revenue data used here is two times the semi-annual (Mar. 2017) 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:

Info-Drive Software's annulized ROA % for the quarter that ended in Mar. 2017 is

ROA %(Q: Mar. 2017 )
=Net Income/Total Assets
=147.806/2845.1495
=(Net Income / Revenue)*(Revenue / Total Assets)
=(147.806 / 2408.992)*(2408.992 / 2845.1495)
=Net Margin %*Asset Turnover
=6.14 %*0.8467
=5.20 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2017) net income data. The Revenue data used here is two times the semi-annual (Mar. 2017) 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.


Info-Drive Software Asset Turnover Related Terms


Info-Drive Software Asset Turnover Historical Data

* Premium members only.

The historical data trend for Info-Drive Software'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.

Info-Drive Software Asset Turnover Chart

Info-Drive Software Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.40 0.41 0.42 0.42

Info-Drive Software Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.40 0.41 0.42 0.42

BOM:530703 vs IMCI: Asset Turnover Comparison

For the Information Technology Services subindustry, Info-Drive Software'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.


Info-Drive Software Asset Turnover vs Software Industry

For the Software industry and Technology sector, Info-Drive Software's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Info-Drive Software's Asset Turnover falls into.



Info-Drive Software Asset Turnover Calculation

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

Info-Drive Software's Asset Turnover for the fiscal year that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2017 )/( (Total Assets (A: Mar. 2016 )+Total Assets (A: Mar. 2017 ))/ count )
=1204.496/( (2871.264+2819.035)/ 2 )
=1204.496/2845.1495
=0.42

Info-Drive Software's Asset Turnover for the quarter that ended in Mar. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2017 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Mar. 2017 ))/ count )
=1204.496/( (2871.264+2819.035)/ 2 )
=1204.496/2845.1495
=0.42

* 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 0.42 mean?
Info-Drive Software (BOM:530703) has a Asset Turnover of 0.42 as of Mar. 2017. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Info-Drive Software and its competitors.
Is Info-Drive Software's Asset Turnover too high?
Info-Drive Software's current Asset Turnover is 0.42.
How does Info-Drive Software's Asset Turnover compare to IMCI?
Info-Drive Software's Asset Turnover of 0.42 can be compared against companies in the Software 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 Software company?
A good Asset Turnover depends on the Software 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 Info-Drive Software and its competitors. Info-Drive Software's current Asset Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Info-Drive Software stock overvalued right now?
Info-Drive Software (BOM:530703) has a current Asset Turnover of 0.42. The current Asset Turnover is 0.42. 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 Info-Drive Software (BOM:530703), the current Asset Turnover is 0.42 as of Mar. 2017. 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.

Info-Drive Software Business Description

Address 128 Cathedral Road, Crown Court, Sixth Floor, Office 3, Chennai, TN, IND, 600086
Info-Drive Software Ltd is an India-based company. The company is predominantly engaged in outsourcing business solutions from overseas markets, software development, infrastructure management services, systems integration, and trading of commodities. In addition, the company also provides turnkey system solutions, hardware optimization, and data center maintenance. The company product portfolio includes services like Enterprise business intelligence solutions; Consulting services and, Business process outsourcing. The majority of its revenue is generated from the Overseas market while it also has a presence in the Indian market.