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Cello World (BOM:544012) Asset Turnover : 0.22 (As of Dec. 2024)


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What is Cello World Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cello World's Revenue for the three months ended in Dec. 2024 was ₹5,568 Mil. Cello World's Total Assets for the quarter that ended in Dec. 2024 was ₹25,067 Mil. Therefore, Cello World's Asset Turnover for the quarter that ended in Dec. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Cello World's annualized ROE % for the quarter that ended in Dec. 2024 was 17.33%. It is also linked to ROA % through Du Pont Formula. Cello World's annualized ROA % for the quarter that ended in Dec. 2024 was 13.79%.


Cello World Asset Turnover Historical Data

The historical data trend for Cello World'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.

Cello World Asset Turnover Chart

Cello World Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Asset Turnover
0.91 1.09 1.24 1.13

Cello World Quarterly Data
Mar21 Mar22 Jun22 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 - 0.25 0.25 0.20 0.22

Competitive Comparison of Cello World's Asset Turnover

For the Furnishings, Fixtures & Appliances subindustry, Cello World'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.


Cello World's Asset Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Cello World's Asset Turnover falls into.


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Cello World Asset Turnover Calculation

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

Cello World'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 )
=19887.25/( (15516.939+19717.839)/ 2 )
=19887.25/17617.389
=1.13

Cello World'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 )
=5568.496/( (25066.689+0)/ 1 )
=5568.496/25066.689
=0.22

* 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.


Cello World  (BOM:544012) Asset Turnover Explanation

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

Cello World's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=3455.964/19938.887
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3455.964 / 22273.984)*(22273.984 / 25066.689)*(25066.689/ 19938.887)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.52 %*0.8886*1.2572
=ROA %*Equity Multiplier
=13.79 %*1.2572
=17.33 %

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:

Cello World's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=3455.964/25066.689
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3455.964 / 22273.984)*(22273.984 / 25066.689)
=Net Margin %*Asset Turnover
=15.52 %*0.8886
=13.79 %

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.


Cello World Asset Turnover Related Terms

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Cello World Business Description

Traded in Other Exchanges
Address
Sonawala Road, Corporate Avenue, Cello House, B Wing, 8th Floor, Goregaon (East), Mumbai, MH, IND, 400063
Cello World Ltd is a popular Indian consumer products company. It is engaged in the consumerware market in India, with a presence in consumer houseware, writing instruments and stationery, molded furniture, and allied product categories. It is engaged in the business of trading consumer products namely plastic and rubber products such as water bottles, storage containers and jars, tiffins and lunch carriers, stationery items, glassware, steel flasks, and jars among others. Geographically, the company generates a majority of its revenue within India.

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