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Prime Lands Residencies (COL:PLR.N0000) Asset Turnover : 0.00 (As of . 20)


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What is Prime Lands Residencies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Prime Lands Residencies's Revenue for the six months ended in . 20 was රු Mil. Prime Lands Residencies's Total Assets for the quarter that ended in . 20 was රු Mil. Therefore, Prime Lands Residencies's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Prime Lands Residencies's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Prime Lands Residencies's annualized ROA % for the quarter that ended in . 20 was %.


Prime Lands Residencies Asset Turnover Historical Data

The historical data trend for Prime Lands Residencies'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.

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Prime Lands Residencies Asset Turnover Chart

Prime Lands Residencies Annual Data
Trend
Asset Turnover

Prime Lands Residencies Semi-Annual Data
Asset Turnover

Competitive Comparison of Prime Lands Residencies's Asset Turnover

For the Real Estate - Development subindustry, Prime Lands Residencies'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.


Prime Lands Residencies's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prime Lands Residencies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Prime Lands Residencies's Asset Turnover falls into.



Prime Lands Residencies Asset Turnover Calculation

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

Prime Lands Residencies's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Prime Lands Residencies's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Prime Lands Residencies  (COL:PLR.N0000) Asset Turnover Explanation

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

Prime Lands Residencies's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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:

Prime Lands Residencies's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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.


Prime Lands Residencies Asset Turnover Related Terms

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Prime Lands Residencies Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No.75, D.S. Senanayake Mawatha, Borella, Colombo, LKA, 08
Prime Lands Residencies PLC is engaged in the real estate property development sector. Its properties include Amber Sky Negombo, The Palace Gampaha, Edmonton Road Colombo 5, Beach Front II, Kassapa Road II, Jawa 25 Kassapa Road, Bella Rajagiriya, Prime Edmonton 2, among others. It operates in two segments: The sale of apartment properties, which accounts for the vast majority of its revenue: and the Sale of Lands.

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