Sky Gold and Diamonds (BOM:541967) Asset Turnover: 0.87 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:541967 Sky Gold and Diamonds Ltd BOM:541967
84 GF Score
Price ₹670.90
GF Value ₹471.94
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Sky Gold and Diamonds Asset Turnover?

Sky Gold and Diamonds BOM:541967 +2.26% 84 Asset Turnover is 0.87 as of Mar. 2026. GuruFocus rates BOM:541967 with a GF Score™ of 84/100 and a GF Value™ of ₹471.94 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sky Gold and Diamonds's Revenue for the three months ended in Mar. 2026 was ₹19,115 Mil. Sky Gold and Diamonds's Total Assets for the quarter that ended in Mar. 2026 was ₹21,950 Mil. Therefore, Sky Gold and Diamonds's Asset Turnover for the quarter that ended in Mar. 2026 was 0.87.

Asset Turnover is linked to ROE % through Du Pont Formula. Sky Gold and Diamonds's annualized ROE % for the quarter that ended in Mar. 2026 was 28.13%. It is also linked to ROA % through Du Pont Formula. Sky Gold and Diamonds's annualized ROA % for the quarter that ended in Mar. 2026 was 15.36%.


Sky Gold and Diamonds  (BOM:541967) Asset Turnover Explanation

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

Sky Gold and Diamonds's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3371.152/11985.087
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3371.152 / 76460.324)*(76460.324 / 21950.317)*(21950.317/ 11985.087)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.41 %*3.4833*1.8315
=ROA %*Equity Multiplier
=15.36 %*1.8315
=28.13 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Sky Gold and Diamonds's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=3371.152/21950.317
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3371.152 / 76460.324)*(76460.324 / 21950.317)
=Net Margin %*Asset Turnover
=4.41 %*3.4833
=15.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Sky Gold and Diamonds Asset Turnover Related Terms


Sky Gold and Diamonds Asset Turnover Historical Data

* Premium members only.

The historical data trend for Sky Gold and Diamonds'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.

Sky Gold and Diamonds Asset Turnover Chart

Sky Gold and Diamonds Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.07 5.40 4.17 3.65 3.55

Sky Gold and Diamonds Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.78 0.83 0.77 0.91 0.87

BOM:541967 vs TPR: Asset Turnover Comparison

For the Luxury Goods subindustry, Sky Gold and Diamonds'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.


Sky Gold and Diamonds Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sky Gold and Diamonds's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sky Gold and Diamonds's Asset Turnover falls into.


BOM:541967
84GF Score
Sky Gold and Diamonds Ltd BOM:541967
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sky Gold and Diamonds Asset Turnover Calculation

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

Sky Gold and Diamonds's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=62948.868/( (13568.356+21950.317)/ 2 )
=62948.868/17759.3365
=3.54

Sky Gold and Diamonds's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=19115.081/( (0+21950.317)/ 1 )
=19115.081/21950.317
=0.87

* 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 0.87 mean?
Sky Gold and Diamonds (BOM:541967) has a Asset Turnover of 0.87 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Sky Gold and Diamonds and its competitors.
Is Sky Gold and Diamonds' Asset Turnover too high?
Sky Gold and Diamonds' current Asset Turnover is 0.87. Overall, Sky Gold and Diamonds has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sky Gold and Diamonds' Asset Turnover compare to TPR?
Sky Gold and Diamonds' Asset Turnover of 0.87 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Sky Gold and Diamonds and its competitors. Sky Gold and Diamonds's current Asset Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sky Gold and Diamonds stock overvalued right now?
Based on GuruFocus' analysis, Sky Gold and Diamonds (BOM:541967) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹471.94, compared to a current price of ₹670.90 — trading 42.2% above its estimated fair value. The current Asset Turnover is 0.87. Sky Gold and Diamonds' overall GF Score™ is 84/100 with 6 warning signs to review. 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 Sky Gold and Diamonds (BOM:541967), the current Asset Turnover is 0.87 as of Mar. 2026. 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.

Is Sky Gold and Diamonds (BOM:541967) Overvalued in 2026?

Based on GuruFocus' analysis, Sky Gold and Diamonds stock appears to be overvalued. The current stock price of ₹670.90 is trading 42.2% above its estimated GF Value™ of ₹471.94. GuruFocus considers Sky Gold and Diamonds to be Significantly Overvalued.

Key valuation signals for BOM:541967:

  • Asset Turnover: 0.87
  • GF Value™: ₹471.94 vs. price of ₹670.90 (42.2% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the BOM:541967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sky Gold and Diamonds Business Description

Other Exchanges SKYGOLD:India
Address Plot No. D-222/2, TTC Industrial Area, MIDC, Shirawane, Darave,Thane, Navi Mumbai, MH, IND, 400706
Sky Gold and Diamonds Ltd is an India-based company engaged in the business of designing, manufacturing, and marketing gold jewelry. It mainly deals in 22 Carat and 18 Carat gold jewellery, offering a wide variety of designs. The group provides an extensive range of designs and uses Natural,lab-grown, and American diamonds and/or colored gemstones in many of their jewellery products. The company's product portfolio includes necklaces, earrings, rings, bracelets, and others. The group operates in only one identifiable reportable segment is Gold jewelry.
84GF Score

Get the complete analysis for BOM:541967

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹670.90
Price
₹471.94
GF Value