GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Alphalogic Industries Ltd (BOM:543937) » Definitions » Asset Turnover

Alphalogic Industries (BOM:543937) Asset Turnover : 1.43 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Alphalogic Industries Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alphalogic Industries's Revenue for the six months ended in Sep. 2024 was ₹395.0 Mil. Alphalogic Industries's Total Assets for the quarter that ended in Sep. 2024 was ₹275.7 Mil. Therefore, Alphalogic Industries's Asset Turnover for the quarter that ended in Sep. 2024 was 1.43.

Asset Turnover is linked to ROE % through Du Pont Formula. Alphalogic Industries's annualized ROE % for the quarter that ended in Sep. 2024 was 18.35%. It is also linked to ROA % through Du Pont Formula. Alphalogic Industries's annualized ROA % for the quarter that ended in Sep. 2024 was 13.30%.


Alphalogic Industries Asset Turnover Historical Data

The historical data trend for Alphalogic Industries'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.

Alphalogic Industries Asset Turnover Chart

Alphalogic Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Asset Turnover
4.19 3.48 2.79 2.74

Alphalogic Industries Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Asset Turnover Get a 7-Day Free Trial 1.65 1.29 1.19 1.13 1.43

Competitive Comparison of Alphalogic Industries's Asset Turnover

For the Furnishings, Fixtures & Appliances subindustry, Alphalogic Industries'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.


Alphalogic Industries's Asset Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Alphalogic Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Alphalogic Industries's Asset Turnover falls into.



Alphalogic Industries Asset Turnover Calculation

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

Alphalogic Industries'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 )
=475.403/( (91.773+254.695)/ 2 )
=475.403/173.234
=2.74

Alphalogic Industries's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=395.005/( (254.695+296.718)/ 2 )
=395.005/275.7065
=1.43

* 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.


Alphalogic Industries  (BOM:543937) Asset Turnover Explanation

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

Alphalogic Industries's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=36.668/199.8155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(36.668 / 790.01)*(790.01 / 275.7065)*(275.7065/ 199.8155)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.64 %*2.8654*1.3798
=ROA %*Equity Multiplier
=13.30 %*1.3798
=18.35 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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:

Alphalogic Industries's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=36.668/275.7065
=(Net Income / Revenue)*(Revenue / Total Assets)
=(36.668 / 790.01)*(790.01 / 275.7065)
=Net Margin %*Asset Turnover
=4.64 %*2.8654
=13.30 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Alphalogic Industries Asset Turnover Related Terms

Thank you for viewing the detailed overview of Alphalogic Industries's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Alphalogic Industries Business Description

Traded in Other Exchanges
N/A
Address
Old Mumbai-Pune Highway, Office No. 207, 2nd Floor, Kohinoor B-Zone, Besides Vijay Sales, Opposute City One Mall, Pimpri Chinchwad, Pune, MH, IND, 411019
Alphalogic Industries Ltd is a storage solution manufacturing company. It is engaged in designing and delivering storage solutions for the automobile industry, libraries, food industry, logistics companies, engineering companies, pharmaceutical organizations, educational institutes, IT companies, and others. Its projects are Mobile Compactor System, Selective Racking System, Live Pallet Racking, Double Deep Pallet Racking, Slotted Angle Shelving, Long Span Shelving, Multi-Tier Shelving, Cantilever Racking, Mezzanine Floor, Cage Pallet, Flat Pallet, and Library Product.

Alphalogic Industries Headlines

No Headlines