DTCKF (Davis Commodities) Asset Turnover: 2.88 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DTCKF Davis Commodities Ltd DTCKF
24 GF Score
Price $1.01
! 2 Warning Signs
View Full Analysis

What is Davis Commodities Asset Turnover?

Davis Commodities DTCKF +1.00% 24 Asset Turnover is 2.88 as of Dec. 2025. GuruFocus rates DTCKF with a GF Score™ of 24/100. The stock has 2 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. Davis Commodities's Revenue for the six months ended in Dec. 2025 was $89.2 Mil. Davis Commodities's Total Assets for the quarter that ended in Dec. 2025 was $31.0 Mil. Therefore, Davis Commodities's Asset Turnover for the quarter that ended in Dec. 2025 was 2.88.

Asset Turnover is linked to ROE % through Du Pont Formula. Davis Commodities's annualized ROE % for the quarter that ended in Dec. 2025 was -217.92%. It is also linked to ROA % through Du Pont Formula. Davis Commodities's annualized ROA % for the quarter that ended in Dec. 2025 was -32.80%.


Davis Commodities  (OTCPK:DTCKF) Asset Turnover Explanation

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

Davis Commodities's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-10.152/4.6585
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.152 / 178.362)*(178.362 / 30.9505)*(30.9505/ 4.6585)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.69 %*5.7628*6.6439
=ROA %*Equity Multiplier
=-32.80 %*6.6439
=-217.92 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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:

Davis Commodities's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-10.152/30.9505
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.152 / 178.362)*(178.362 / 30.9505)
=Net Margin %*Asset Turnover
=-5.69 %*5.7628
=-32.80 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) 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.


Davis Commodities Asset Turnover Related Terms


Davis Commodities Asset Turnover Historical Data

* Premium members only.

The historical data trend for Davis Commodities'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.

Davis Commodities Asset Turnover Chart

Davis Commodities Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 10.41 9.71 7.98 5.34 8.98

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.97 2.28 2.71 3.16 2.88

DTCKF vs EDBL, SHMP, AQB: Asset Turnover Comparison

For the Farm Products subindustry, Davis Commodities'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.


Davis Commodities Asset Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davis Commodities's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Davis Commodities's Asset Turnover falls into.


DTCKF
24GF Score
Davis Commodities Ltd DTCKF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Davis Commodities Asset Turnover Calculation

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

Davis Commodities's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=184.217/( (19.688+21.351)/ 2 )
=184.217/20.5195
=8.98

Davis Commodities's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=89.181/( (40.55+21.351)/ 2 )
=89.181/30.9505
=2.88

* 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 2.88 mean?
Davis Commodities (DTCKF) has a Asset Turnover of 2.88 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Davis Commodities and its competitors.
Is Davis Commodities' Asset Turnover too high?
Davis Commodities' current Asset Turnover is 2.88. Overall, Davis Commodities has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Davis Commodities' Asset Turnover compare to EDBL and SHMP?
Davis Commodities' Asset Turnover of 2.88 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 Davis Commodities and its competitors. Davis Commodities's current Asset Turnover is 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Davis Commodities stock overvalued right now?
Davis Commodities (DTCKF) has a current Asset Turnover of 2.88. The current Asset Turnover is 2.88. Davis Commodities' overall GF Score™ is 24/100 with 2 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 Davis Commodities (DTCKF), the current Asset Turnover is 2.88 as of Dec. 2025. 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.

Davis Commodities Business Description

Address 10 Bukit Batok Crescent, No. 10-01, The Spire, Singapore, SGP, 658079
Davis Commodities Ltd is an agricultural commodity trading company based in Singapore, which specializes in the trading of three main categories of agricultural commodities, namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa, and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage, and logistics services. The Company operates across four main segments: the sale of sugar, rice, oil, and fat products, and others. Among these, the sale of sugar stands out as the primary revenue generator, contributing significantly to the company's overall income.
24GF Score

Get the complete analysis for DTCKF

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

$1.01
Price