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CLIK (Click Holdings) Asset Turnover : 1.62 (As of Jun. 2024)


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What is Click Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Click Holdings's Revenue for the six months ended in Jun. 2024 was $3.18 Mil. Click Holdings's Total Assets for the quarter that ended in Jun. 2024 was $1.96 Mil. Therefore, Click Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 1.62.

Asset Turnover is linked to ROE % through Du Pont Formula. Click Holdings's annualized ROE % for the quarter that ended in Jun. 2024 was 104.82%. It is also linked to ROA % through Du Pont Formula. Click Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 47.69%.


Click Holdings Asset Turnover Historical Data

The historical data trend for Click Holdings'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.

Click Holdings Asset Turnover Chart

Click Holdings Annual Data
Trend Dec22 Dec23
Asset Turnover
2.73 3.57

Click Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Asset Turnover - 1.83 1.74 1.62

Competitive Comparison of Click Holdings's Asset Turnover

For the Personal Services subindustry, Click Holdings'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.


Click Holdings's Asset Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Click Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Click Holdings's Asset Turnover falls into.


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Click Holdings Asset Turnover Calculation

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

Click Holdings's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=5.657/( (1.521+1.646)/ 2 )
=5.657/1.5835
=3.57

Click Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=3.182/( (1.646+2.279)/ 2 )
=3.182/1.9625
=1.62

* 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.


Click Holdings  (NAS:CLIK) Asset Turnover Explanation

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

Click Holdings's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=0.936/0.893
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.936 / 6.364)*(6.364 / 1.9625)*(1.9625/ 0.893)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.71 %*3.2428*2.1976
=ROA %*Equity Multiplier
=47.69 %*2.1976
=104.82 %

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

Click Holdings's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=0.936/1.9625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.936 / 6.364)*(6.364 / 1.9625)
=Net Margin %*Asset Turnover
=14.71 %*3.2428
=47.69 %

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


Click Holdings Asset Turnover Related Terms

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Click Holdings Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Unit 709, 7th Floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Click Holdings Ltd is a human resources solutions provider, specializing in offering comprehensive human resources solutions. It is focused on talent sourcing and the provision of temporary and permanent personnel to customers and also in placing professional accountants and company secretaries, registered nurses and healthcare workers as well as other blue-collar workers, for direct hire and contract staffing roles. The Company operates in three segments, 1) professional solution services, 2) nursing solution services and 3) logistic and other solution services. Maximum revenue is generated from Professional solution services and Hong Kong.