Vijaya Diagnostic Centre (BOM:543350) Asset Turnover: 0.15 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:543350 Vijaya Diagnostic Centre Ltd BOM:543350
83 GF Score
Price ₹1,341.10
GF Value ₹1,191.11
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Vijaya Diagnostic Centre Asset Turnover?

Vijaya Diagnostic Centre BOM:543350 -5.16% 83 Asset Turnover is 0.15 as of Mar. 2026. GuruFocus rates BOM:543350 with a GF Score™ of 83/100 and a GF Value™ of ₹1,191.11 (Modestly Overvalued). The stock has 5 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. Vijaya Diagnostic Centre's Revenue for the three months ended in Mar. 2026 was ₹2,194 Mil. Vijaya Diagnostic Centre's Total Assets for the quarter that ended in Mar. 2026 was ₹15,070 Mil. Therefore, Vijaya Diagnostic Centre's Asset Turnover for the quarter that ended in Mar. 2026 was 0.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Vijaya Diagnostic Centre's annualized ROE % for the quarter that ended in Mar. 2026 was 20.03%. It is also linked to ROA % through Du Pont Formula. Vijaya Diagnostic Centre's annualized ROA % for the quarter that ended in Mar. 2026 was 12.72%.


Vijaya Diagnostic Centre  (BOM:543350) Asset Turnover Explanation

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

Vijaya Diagnostic Centre's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1917.172/9571.518
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1917.172 / 8775.068)*(8775.068 / 15070.483)*(15070.483/ 9571.518)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.85 %*0.5823*1.5745
=ROA %*Equity Multiplier
=12.72 %*1.5745
=20.03 %

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:

Vijaya Diagnostic Centre's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1917.172/15070.483
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1917.172 / 8775.068)*(8775.068 / 15070.483)
=Net Margin %*Asset Turnover
=21.85 %*0.5823
=12.72 %

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.


Vijaya Diagnostic Centre Asset Turnover Related Terms


Vijaya Diagnostic Centre Asset Turnover Historical Data

* Premium members only.

The historical data trend for Vijaya Diagnostic Centre'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.

Vijaya Diagnostic Centre Asset Turnover Chart

Vijaya Diagnostic Centre Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.74 0.59 0.60 0.60 0.59

Vijaya Diagnostic Centre Quarterly Data
Jun21 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 0.14 0.15 0.15 0.15 0.15

BOM:543350 vs TMO, DHR, IDXX: Asset Turnover Comparison

For the Diagnostics & Research subindustry, Vijaya Diagnostic Centre'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.


Vijaya Diagnostic Centre Asset Turnover vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Vijaya Diagnostic Centre's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vijaya Diagnostic Centre's Asset Turnover falls into.


BOM:543350
83GF Score
Vijaya Diagnostic Centre Ltd BOM:543350
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vijaya Diagnostic Centre Asset Turnover Calculation

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

Vijaya Diagnostic Centre'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 )
=8142.019/( (12736.164+15070.483)/ 2 )
=8142.019/13903.3235
=0.59

Vijaya Diagnostic Centre'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 )
=2193.767/( (0+15070.483)/ 1 )
=2193.767/15070.483
=0.15

* 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 0.15 mean?
Vijaya Diagnostic Centre (BOM:543350) has a Asset Turnover of 0.15 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Vijaya Diagnostic Centre and its competitors.
Is Vijaya Diagnostic Centre's Asset Turnover too high?
Vijaya Diagnostic Centre's current Asset Turnover is 0.15. Overall, Vijaya Diagnostic Centre has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vijaya Diagnostic Centre's Asset Turnover compare to TMO and DHR?
Vijaya Diagnostic Centre's Asset Turnover of 0.15 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Asset Turnover depends on the Medical Diagnostics & Research 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 Vijaya Diagnostic Centre and its competitors. Vijaya Diagnostic Centre's current Asset Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vijaya Diagnostic Centre stock overvalued right now?
Based on GuruFocus' analysis, Vijaya Diagnostic Centre (BOM:543350) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,191.11, compared to a current price of ₹1,341.10 — trading 12.6% above its estimated fair value. The current Asset Turnover is 0.15. Vijaya Diagnostic Centre's overall GF Score™ is 83/100 with 5 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 Vijaya Diagnostic Centre (BOM:543350), the current Asset Turnover is 0.15 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 Vijaya Diagnostic Centre (BOM:543350) Overvalued in 2026?

Based on GuruFocus' analysis, Vijaya Diagnostic Centre stock appears to be overvalued. The current stock price of ₹1,341.10 is trading 12.6% above its estimated GF Value™ of ₹1,191.11. GuruFocus considers Vijaya Diagnostic Centre to be Modestly Overvalued.

Key valuation signals for BOM:543350:

  • Asset Turnover: 0.15
  • GF Value™: ₹1,191.11 vs. price of ₹1,341.10 (12.6% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the BOM:543350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vijaya Diagnostic Centre Business Description

Other Exchanges VIJAYA:India
Address Ground Floor, FPAI Building, No 6-3-883 Floor, Punjagutta Officers Colony, Near Topaz Building, Hyderabad, TG, IND, 500 082
Vijaya Diagnostic Centre Ltd operates a diagnostic chain in Southern India. The company offers a one-stop solution for pathology and radiology testing services. It provides routine tests, specialized pathology tests, basic tests, and radiology tests. The company also offers a broad spectrum of customized health and wellness packages to its customers. The company's revenue comes from many diagnostic centers, where high-volume sales drive its earnings. The Company operates within India. The company's operations fall within a single business segment, which is Diagnostic Services.
83GF Score

Get the complete analysis for BOM:543350

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

₹1,341.10
Price
₹1,191.11
GF Value