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Aurum Proptech (BOM:890168) Asset Turnover : 0.10 (As of Dec. 2024)


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What is Aurum Proptech Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Aurum Proptech's Revenue for the three months ended in Dec. 2024 was ₹646 Mil. Aurum Proptech's Total Assets for the quarter that ended in Dec. 2024 was ₹6,246 Mil. Therefore, Aurum Proptech's Asset Turnover for the quarter that ended in Dec. 2024 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Aurum Proptech's annualized ROE % for the quarter that ended in Dec. 2024 was -9.29%. It is also linked to ROA % through Du Pont Formula. Aurum Proptech's annualized ROA % for the quarter that ended in Dec. 2024 was -4.23%.


Aurum Proptech Asset Turnover Historical Data

The historical data trend for Aurum Proptech'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.

Aurum Proptech Asset Turnover Chart

Aurum Proptech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.08 0.41 0.41

Aurum Proptech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 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 0.10 0.09 0.10 0.10 0.10

Competitive Comparison of Aurum Proptech's Asset Turnover

For the Real Estate Services subindustry, Aurum Proptech'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.


Aurum Proptech's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aurum Proptech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aurum Proptech's Asset Turnover falls into.


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Aurum Proptech Asset Turnover Calculation

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

Aurum Proptech'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 )
=2140.5/( (3917.7+6444.5)/ 2 )
=2140.5/5181.1
=0.41

Aurum Proptech'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 )
=645.8/( (6245.5+0)/ 1 )
=645.8/6245.5
=0.10

* 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.


Aurum Proptech  (BOM:890168) Asset Turnover Explanation

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

Aurum Proptech's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-264/2842.2
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-264 / 2583.2)*(2583.2 / 6245.5)*(6245.5/ 2842.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.22 %*0.4136*2.1974
=ROA %*Equity Multiplier
=-4.23 %*2.1974
=-9.29 %

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:

Aurum Proptech's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-264/6245.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-264 / 2583.2)*(2583.2 / 6245.5)
=Net Margin %*Asset Turnover
=-10.22 %*0.4136
=-4.23 %

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.


Aurum Proptech Asset Turnover Related Terms

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Aurum Proptech Business Description

Traded in Other Exchanges
Address
Thane Belapur Road, Aurum Q1, Aurum Q Parc, Navi Mumbai, MH, IND, 400710
Aurum Proptech Ltd is in the business of PropTech (property and technology) development for real estate, and other services relating to real estate. Its products, services, and platforms cater to the needs of various real estate market participants across three key verticals: Rental, Distribution, and Capital. In the Rental space, it provides solutions for student living, co-living, and family rentals. The Distribution vertical includes data analytics, marketing, and sales automation services, while the Capital vertical offers investment opportunities. Some of its products are; Nestaway; Aurum Analytica; Aurum KuberX; and Aurum InstaHome; among others. Its reportable segments are; Real Estate as a service (RAAS) which derives maximum revenue, Software as a service (SAAS), and Others.

Aurum Proptech Headlines

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