GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Adhi Commuter Properti Tbk (ISX:ADCP) » Definitions » Asset Turnover

PT Adhi Commuter Properti Tbk (ISX:ADCP) Asset Turnover : 0.01 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is PT Adhi Commuter Properti Tbk Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Adhi Commuter Properti Tbk's Revenue for the three months ended in Sep. 2024 was Rp96,066 Mil. PT Adhi Commuter Properti Tbk's Total Assets for the quarter that ended in Sep. 2024 was Rp6,719,016 Mil. Therefore, PT Adhi Commuter Properti Tbk's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Adhi Commuter Properti Tbk's annualized ROE % for the quarter that ended in Sep. 2024 was 1.99%. It is also linked to ROA % through Du Pont Formula. PT Adhi Commuter Properti Tbk's annualized ROA % for the quarter that ended in Sep. 2024 was 0.77%.


PT Adhi Commuter Properti Tbk Asset Turnover Historical Data

The historical data trend for PT Adhi Commuter Properti Tbk'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.

PT Adhi Commuter Properti Tbk Asset Turnover Chart

PT Adhi Commuter Properti Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.24 0.22 0.11 0.10 0.10

PT Adhi Commuter Properti Tbk Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.01 0.06 0.01 0.02 0.01

Competitive Comparison of PT Adhi Commuter Properti Tbk's Asset Turnover

For the Real Estate - Development subindustry, PT Adhi Commuter Properti Tbk'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.


PT Adhi Commuter Properti Tbk's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Adhi Commuter Properti Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Adhi Commuter Properti Tbk's Asset Turnover falls into.



PT Adhi Commuter Properti Tbk Asset Turnover Calculation

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

PT Adhi Commuter Properti Tbk'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 )
=651958.904/( (6321024.481+6643815.019)/ 2 )
=651958.904/6482419.75
=0.10

PT Adhi Commuter Properti Tbk's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=96065.664/( (6734790.531+6703240.632)/ 2 )
=96065.664/6719015.5815
=0.01

* 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.


PT Adhi Commuter Properti Tbk  (ISX:ADCP) Asset Turnover Explanation

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

PT Adhi Commuter Properti Tbk's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=51647.656/2597951.916
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51647.656 / 384262.656)*(384262.656 / 6719015.5815)*(6719015.5815/ 2597951.916)
=Net Margin %*Asset Turnover*Equity Multiplier
=13.44 %*0.0572*2.5863
=ROA %*Equity Multiplier
=0.77 %*2.5863
=1.99 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

PT Adhi Commuter Properti Tbk's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=51647.656/6719015.5815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51647.656 / 384262.656)*(384262.656 / 6719015.5815)
=Net Margin %*Asset Turnover
=13.44 %*0.0572
=0.77 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


PT Adhi Commuter Properti Tbk Asset Turnover Related Terms

Thank you for viewing the detailed overview of PT Adhi Commuter Properti Tbk's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Adhi Commuter Properti Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raya Pasar Minggu KM 18, South Building PT Adhi Karya (Persero) Tbk, Jakarta, IDN, 13740
PT Adhi Commuter Properti Tbk is engaged in the development business in the Property, Real Estate, and Hotel Management sectors. The company conducts business activities including development, trading, services, and hotels. Its segments include property business development, hospitality, and support.

PT Adhi Commuter Properti Tbk Headlines

No Headlines