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Rexnord Electronicsntrols (BOM:531888) Asset Turnover : 0.21 (As of Dec. 2024)


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What is Rexnord Electronicsntrols Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rexnord Electronicsntrols's Revenue for the three months ended in Dec. 2024 was ₹239 Mil. Rexnord Electronicsntrols's Total Assets for the quarter that ended in Dec. 2024 was ₹1,138 Mil. Therefore, Rexnord Electronicsntrols's Asset Turnover for the quarter that ended in Dec. 2024 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Rexnord Electronicsntrols's annualized ROE % for the quarter that ended in Dec. 2024 was 4.19%. It is also linked to ROA % through Du Pont Formula. Rexnord Electronicsntrols's annualized ROA % for the quarter that ended in Dec. 2024 was 2.69%.


Rexnord Electronicsntrols Asset Turnover Historical Data

The historical data trend for Rexnord Electronicsntrols'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.

Rexnord Electronicsntrols Asset Turnover Chart

Rexnord Electronicsntrols 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 1.16 0.87 1.11 1.17 1.14

Rexnord Electronicsntrols 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 0.26 0.28 0.29 0.24 0.21

Competitive Comparison of Rexnord Electronicsntrols's Asset Turnover

For the Specialty Industrial Machinery subindustry, Rexnord Electronicsntrols'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.


Rexnord Electronicsntrols's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rexnord Electronicsntrols's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rexnord Electronicsntrols's Asset Turnover falls into.


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Rexnord Electronicsntrols Asset Turnover Calculation

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

Rexnord Electronicsntrols'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 )
=962.421/( (782.286+905.22)/ 2 )
=962.421/843.753
=1.14

Rexnord Electronicsntrols'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 )
=238.744/( (1138.068+0)/ 1 )
=238.744/1138.068
=0.21

* 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.


Rexnord Electronicsntrols  (BOM:531888) Asset Turnover Explanation

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

Rexnord Electronicsntrols's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=30.576/730.237
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(30.576 / 954.976)*(954.976 / 1138.068)*(1138.068/ 730.237)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.2 %*0.8391*1.5585
=ROA %*Equity Multiplier
=2.69 %*1.5585
=4.19 %

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:

Rexnord Electronicsntrols's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=30.576/1138.068
=(Net Income / Revenue)*(Revenue / Total Assets)
=(30.576 / 954.976)*(954.976 / 1138.068)
=Net Margin %*Asset Turnover
=3.2 %*0.8391
=2.69 %

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.


Rexnord Electronicsntrols Asset Turnover Related Terms

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Rexnord Electronicsntrols Business Description

Traded in Other Exchanges
N/A
Address
92 - D, Government Industrial Estate, Sahyadrinagar, Charkop, Kandivli (West), Mumbai, MH, IND, 400 067
Rexnord Electronics & Controls Ltd is an India based manufacturer of instrument cooling fans and shaded pole motors. The company offers AC Axial Fans, DC Brushless Fans, Exhaust Fans, Shaded Pole Motors, Energy-saving fans and Others. Geographically, it sells the products in India and also exports it to other countries. It generates majority of its revenue from India. The firm generates maximum revenue from the sale of Instrument cooling fans.

Rexnord Electronicsntrols Headlines

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