Waterways Leisure Tourism (BOM:544802) Asset Turnover: 1.97 (As of Mar. 2026)

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BOM:544802 Waterways Leisure Tourism Ltd BOM:544802
20 GF Score
Price ₹104.45
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What is Waterways Leisure Tourism Asset Turnover?

Waterways Leisure Tourism BOM:544802 -2.15% 20 Asset Turnover is 1.97 as of Mar. 2026. GuruFocus rates BOM:544802 with a GF Score™ of 20/100. The stock has 9 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. Waterways Leisure Tourism's Revenue for the six months ended in Mar. 2026 was ₹5,794 Mil. Waterways Leisure Tourism's Total Assets for the quarter that ended in Mar. 2026 was ₹2,946 Mil. Therefore, Waterways Leisure Tourism's Asset Turnover for the quarter that ended in Mar. 2026 was 1.97.

Asset Turnover is linked to ROE % through Du Pont Formula. Waterways Leisure Tourism's annualized ROE % for the quarter that ended in Mar. 2026 was 184.27%. It is also linked to ROA % through Du Pont Formula. Waterways Leisure Tourism's annualized ROA % for the quarter that ended in Mar. 2026 was 35.40%.


Waterways Leisure Tourism  (BOM:544802) Asset Turnover Explanation

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

Waterways Leisure Tourism's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1042.86/565.93
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1042.86 / 11588.64)*(11588.64 / 2945.765)*(2945.765/ 565.93)
=Net Margin %*Asset Turnover*Equity Multiplier
=9 %*3.934*5.2052
=ROA %*Equity Multiplier
=35.40 %*5.2052
=184.27 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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:

Waterways Leisure Tourism's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1042.86/2945.765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1042.86 / 11588.64)*(11588.64 / 2945.765)
=Net Margin %*Asset Turnover
=9 %*3.934
=35.40 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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.


Waterways Leisure Tourism Asset Turnover Related Terms


Waterways Leisure Tourism Asset Turnover Historical Data

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The historical data trend for Waterways Leisure Tourism'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.

Waterways Leisure Tourism Asset Turnover Chart

Waterways Leisure Tourism Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
2.36 2.64 1.25 1.82 1.97

Waterways Leisure Tourism Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover 2.36 2.64 1.25 1.82 1.97

Waterways Leisure Tourism Asset Turnover Competitor Comparison

For the Marine Shipping subindustry, Waterways Leisure Tourism'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.


Waterways Leisure Tourism Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Waterways Leisure Tourism's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Waterways Leisure Tourism's Asset Turnover falls into.


BOM:544802
20GF Score
Waterways Leisure Tourism Ltd BOM:544802
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Waterways Leisure Tourism Asset Turnover Calculation

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

Waterways Leisure Tourism'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 )
=5794.32/( (2473.74+3417.79)/ 2 )
=5794.32/2945.765
=1.97

Waterways Leisure Tourism'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: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=5794.32/( (2473.74+3417.79)/ 2 )
=5794.32/2945.765
=1.97

* 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 1.97 mean?
Waterways Leisure Tourism (BOM:544802) has a Asset Turnover of 1.97 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Waterways Leisure Tourism and its competitors.
Is Waterways Leisure Tourism's Asset Turnover too high?
Waterways Leisure Tourism's current Asset Turnover is 1.97. Overall, Waterways Leisure Tourism has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Waterways Leisure Tourism's Asset Turnover compare to competitors?
Waterways Leisure Tourism's Asset Turnover of 1.97 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Waterways Leisure Tourism and its competitors. Waterways Leisure Tourism's current Asset Turnover is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waterways Leisure Tourism stock overvalued right now?
Waterways Leisure Tourism (BOM:544802) has a current Asset Turnover of 1.97. The current Asset Turnover is 1.97. Waterways Leisure Tourism's overall GF Score™ is 20/100 with 9 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 Waterways Leisure Tourism (BOM:544802), the current Asset Turnover is 1.97 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.

Waterways Leisure Tourism Business Description

Other Exchanges CORDELIA:India
Address NM Joshi Marg, Delisle Road, A-1601, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013
Waterways Leisure Tourism Ltd is one of the domestic ocean cruise operators in India, offering luxurious and authentic Indian experiences. It is engaged in the business of cruise lines, shipping, organizing, and conducting cruises, tours, holidays, maintaining, and providing related services. The company currently operates a cruise vessel, the MV Empress. Its cruise vessel sails to domestic destinations such as Mumbai (Maharashtra), Goa, Kochi (Kerala), Chennai (Tamil Nadu), Lakshadweep, Visakhapatnam(Andhra Pradesh), and Puducherry. Its cruise vessel MV Empress offers a variety of cabin options, including one chairman's suite, suites, mini suites, ocean-view staterooms, and interior staterooms.
20GF Score

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

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