PT Cowell Development Tbk (ISX:COWL) Asset Turnover: 0.07 (As of Dec. 2019)

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ISX:COWL PT Cowell Development Tbk ISX:COWL
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What is PT Cowell Development Tbk Asset Turnover?

PT Cowell Development Tbk ISX:COWL 4 Asset Turnover is 0.07 as of Dec. 2019. GuruFocus rates ISX:COWL with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Cowell Development Tbk's Revenue for the three months ended in Dec. 2019 was Rp224,147 Mil. PT Cowell Development Tbk's Total Assets for the quarter that ended in Dec. 2019 was Rp3,105,740 Mil. Therefore, PT Cowell Development Tbk's Asset Turnover for the quarter that ended in Dec. 2019 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Cowell Development Tbk's annualized ROE % for the quarter that ended in Dec. 2019 was -855.98%. It is also linked to ROA % through Du Pont Formula. PT Cowell Development Tbk's annualized ROA % for the quarter that ended in Dec. 2019 was -120.28%.


PT Cowell Development Tbk  (ISX:COWL) Asset Turnover Explanation

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

PT Cowell Development Tbk's annulized ROE % for the quarter that ended in Dec. 2019 is

ROE %**(Q: Dec. 2019 )
=Net Income/Total Stockholders Equity
=-3735660.728/436419.5685
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3735660.728 / 896586.072)*(896586.072 / 3105740.142)*(3105740.142/ 436419.5685)
=Net Margin %*Asset Turnover*Equity Multiplier
=-416.65 %*0.2887*7.1164
=ROA %*Equity Multiplier
=-120.28 %*7.1164
=-855.98 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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 Cowell Development Tbk's annulized ROA % for the quarter that ended in Dec. 2019 is

ROA %(Q: Dec. 2019 )
=Net Income/Total Assets
=-3735660.728/3105740.142
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3735660.728 / 896586.072)*(896586.072 / 3105740.142)
=Net Margin %*Asset Turnover
=-416.65 %*0.2887
=-120.28 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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 Cowell Development Tbk Asset Turnover Related Terms


PT Cowell Development Tbk Asset Turnover Historical Data

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The historical data trend for PT Cowell Development 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.

PT Cowell Development Tbk Asset Turnover Chart

PT Cowell Development Tbk Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.15 0.11 0.15

PT Cowell Development Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19
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 0.02 0.02 0.00 0.02 0.07

PT Cowell Development Tbk Asset Turnover Competitor Comparison

For the Real Estate - Development subindustry, PT Cowell Development 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 Cowell Development Tbk Asset Turnover vs Real Estate Industry

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

* The bar in red indicates where PT Cowell Development Tbk's Asset Turnover falls into.


ISX:COWL
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PT Cowell Development Tbk ISX:COWL
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PT Cowell Development Tbk Asset Turnover Calculation

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

PT Cowell Development Tbk's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=461082.871/( (3733012.257+2550516.101)/ 2 )
=461082.871/3141764.179
=0.15

PT Cowell Development Tbk's Asset Turnover for the quarter that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=224146.518/( (3660964.183+2550516.101)/ 2 )
=224146.518/3105740.142
=0.07

* 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 0.07 mean?
PT Cowell Development Tbk (ISX:COWL) has a Asset Turnover of 0.07 as of Dec. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT Cowell Development Tbk and its competitors.
Is PT Cowell Development Tbk's Asset Turnover too high?
PT Cowell Development Tbk's current Asset Turnover is 0.07. Overall, PT Cowell Development Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Cowell Development Tbk's Asset Turnover compare to competitors?
PT Cowell Development Tbk's Asset Turnover of 0.07 can be compared against companies in the Real Estate 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 Real Estate company?
A good Asset Turnover depends on the Real Estate 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 PT Cowell Development Tbk and its competitors. PT Cowell Development Tbk's current Asset Turnover is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Cowell Development Tbk stock overvalued right now?
PT Cowell Development Tbk (ISX:COWL) has a current Asset Turnover of 0.07. The current Asset Turnover is 0.07. PT Cowell Development Tbk's overall GF Score™ is 4/100. 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 PT Cowell Development Tbk (ISX:COWL), the current Asset Turnover is 0.07 as of Dec. 2019. 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.

PT Cowell Development Tbk Business Description

Address Jl Senen Raya Number 135, Cowell Tower 3rd floor, Central Jakarta, Jakarta, IDN, 10410
PT Cowell Development Tbk is a real estate company. It is engaged in construction and development of residential and commercial real estate. The company portfolio consists of residential properties, namely Melati Mas Residence, Serpong Park, Serpong Terrace, Laverde, and Borneo Paradiso, and multi-story buildings such as Westmark, The Oasis, and Lexington Residence. The company's segments include Real estate; Apartment and Rental space. It derives its revenues from Rental space segment.
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