Golden Harvest Agro Industries (DHA:GHAIL) Asset Turnover: 0.04 (As of Mar. 2026)

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DHA:GHAIL Golden Harvest Agro Industries Ltd DHA:GHAIL
76 GF Score
Price BDT15.10
GF Value BDT14.47
Valuation Fairly Valued
! 7 Warning Signs
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What is Golden Harvest Agro Industries Asset Turnover?

Golden Harvest Agro Industries DHA:GHAIL -1.95% 76 Asset Turnover is 0.04 as of Mar. 2026. GuruFocus rates DHA:GHAIL with a GF Score™ of 76/100 and a GF Value™ of BDT14.47 (Fairly Valued). The stock has 7 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. Golden Harvest Agro Industries's Revenue for the three months ended in Mar. 2026 was BDT231.9 Mil. Golden Harvest Agro Industries's Total Assets for the quarter that ended in Mar. 2026 was BDT5,570.6 Mil. Therefore, Golden Harvest Agro Industries's Asset Turnover for the quarter that ended in Mar. 2026 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. Golden Harvest Agro Industries's annualized ROE % for the quarter that ended in Mar. 2026 was -3.69%. It is also linked to ROA % through Du Pont Formula. Golden Harvest Agro Industries's annualized ROA % for the quarter that ended in Mar. 2026 was -1.73%.


Golden Harvest Agro Industries  (DHA:GHAIL) Asset Turnover Explanation

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

Golden Harvest Agro Industries's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-96.252/2611.569
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-96.252 / 927.576)*(927.576 / 5570.6045)*(5570.6045/ 2611.569)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.38 %*0.1665*2.133
=ROA %*Equity Multiplier
=-1.73 %*2.133
=-3.69 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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:

Golden Harvest Agro Industries's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-96.252/5570.6045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-96.252 / 927.576)*(927.576 / 5570.6045)
=Net Margin %*Asset Turnover
=-10.38 %*0.1665
=-1.73 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (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.


Golden Harvest Agro Industries Asset Turnover Related Terms


Golden Harvest Agro Industries Asset Turnover Historical Data

* Premium members only.

The historical data trend for Golden Harvest Agro Industries'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.

Golden Harvest Agro Industries Asset Turnover Chart

Golden Harvest Agro Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.16 0.19 0.18 0.16

Golden Harvest Agro Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.04 0.04 0.05 0.05 0.04

DHA:GHAIL vs KHC, GIS, HRL: Asset Turnover Comparison

For the Packaged Foods subindustry, Golden Harvest Agro Industries'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.


Golden Harvest Agro Industries Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Harvest Agro Industries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Golden Harvest Agro Industries's Asset Turnover falls into.


DHA:GHAIL
76GF Score
Golden Harvest Agro Industries Ltd DHA:GHAIL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Harvest Agro Industries Asset Turnover Calculation

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

Golden Harvest Agro Industries's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=857.835/( (5116.777+5462.409)/ 2 )
=857.835/5289.593
=0.16

Golden Harvest Agro Industries'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: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=231.894/( (5552.043+5589.166)/ 2 )
=231.894/5570.6045
=0.04

* 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 0.04 mean?
Golden Harvest Agro Industries (DHA:GHAIL) has a Asset Turnover of 0.04 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Golden Harvest Agro Industries and its competitors.
Is Golden Harvest Agro Industries' Asset Turnover too high?
Golden Harvest Agro Industries' current Asset Turnover is 0.04. Overall, Golden Harvest Agro Industries has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golden Harvest Agro Industries' Asset Turnover compare to KHC and GIS?
Golden Harvest Agro Industries' Asset Turnover of 0.04 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Asset Turnover depends on the Consumer Packaged Goods 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 Golden Harvest Agro Industries and its competitors. Golden Harvest Agro Industries's current Asset Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Harvest Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Golden Harvest Agro Industries (DHA:GHAIL) is currently considered Fairly Valued. The stock's GF Value™ is BDT14.47, compared to a current price of BDT15.10 — trading 4.4% above its estimated fair value. The current Asset Turnover is 0.04. Golden Harvest Agro Industries' overall GF Score™ is 76/100 with 7 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 Golden Harvest Agro Industries (DHA:GHAIL), the current Asset Turnover is 0.04 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.

Is Golden Harvest Agro Industries (DHA:GHAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Harvest Agro Industries stock appears to be overvalued. The current stock price of BDT15.10 is trading 4.4% above its estimated GF Value™ of BDT14.47. GuruFocus considers Golden Harvest Agro Industries to be Fairly Valued.

Key valuation signals for DHA:GHAIL:

  • Asset Turnover: 0.04
  • GF Value™: BDT14.47 vs. price of BDT15.10 (4.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the DHA:GHAIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golden Harvest Agro Industries Business Description

Address 186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan Industrial Area, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling a frozen food processing plant. The company offers frozen food products, including vegetables, ready-to-eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing, and selling its products. The company operates in two segments: frozen snacks and dairy, with the majority of its revenue derived from the frozen snacks segment.
76GF Score

Get the complete analysis for DHA:GHAIL

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

BDT15.10
Price
BDT14.47
GF Value