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Boqii Holding (Boqii Holding) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Boqii Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Boqii Holding's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Boqii Holding's Total Assets for the quarter that ended in Sep. 2023 was $69.15 Mil. Therefore, Boqii Holding's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Boqii Holding's annualized ROE % for the quarter that ended in Sep. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Boqii Holding's annualized ROA % for the quarter that ended in Sep. 2023 was 0.00%.


Boqii Holding Asset Turnover Historical Data

The historical data trend for Boqii Holding'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.

Boqii Holding Asset Turnover Chart

Boqii Holding Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Asset Turnover
3.41 2.19 1.55 1.45 1.58

Boqii Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23
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 0.31 0.39 0.35 - -

Competitive Comparison of Boqii Holding's Asset Turnover

For the Specialty Retail subindustry, Boqii Holding'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.


Boqii Holding's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boqii Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Boqii Holding's Asset Turnover falls into.



Boqii Holding Asset Turnover Calculation

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

Boqii Holding's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=158.484/( (122.673+78.48)/ 2 )
=158.484/100.5765
=1.58

Boqii Holding's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (78.48+59.817)/ 2 )
=0/69.1485
=0.00

* 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.


Boqii Holding  (AMEX:BQ) Asset Turnover Explanation

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

Boqii Holding's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0/27.845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 69.1485)*(69.1485/ 27.845)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.4833
=ROA %*Equity Multiplier
=0.00 %*2.4833
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Boqii Holding's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=0/69.1485
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 69.1485)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Boqii Holding Asset Turnover Related Terms

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Boqii Holding (Boqii Holding) Business Description

Traded in Other Exchanges
N/A
Address
No. 388, Shengrong Road, Pudong, Building 9, New District, Shanghai, CHN, 201210
Boqii Holding Ltd operates in the business of selling pet products through online stores. The store provides pet foods, health products, pet grooming products, pet bathing products, pet toys, fish tank, aquatic fertilizer, temperature control equipment, oxygen pump, and other related products. Also, the company sells its products through offline channels to pet stores and hospitals.