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PTptausaha Gemilangindah Tbk (ISX:SAGE) Asset Turnover : 0.01 (As of Mar. 2024)


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What is PTptausaha Gemilangindah 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. PTptausaha Gemilangindah Tbk's Revenue for the three months ended in Mar. 2024 was Rp4,541 Mil. PTptausaha Gemilangindah Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp319,287 Mil. Therefore, PTptausaha Gemilangindah Tbk's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. PTptausaha Gemilangindah Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 0.37%. It is also linked to ROA % through Du Pont Formula. PTptausaha Gemilangindah Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was 0.34%.


PTptausaha Gemilangindah Tbk Asset Turnover Historical Data

The historical data trend for PTptausaha Gemilangindah 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.

PTptausaha Gemilangindah Tbk Asset Turnover Chart

PTptausaha Gemilangindah Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.10 0.13 0.08

PTptausaha Gemilangindah Tbk Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.01

Competitive Comparison of PTptausaha Gemilangindah Tbk's Asset Turnover

For the Real Estate - Development subindustry, PTptausaha Gemilangindah 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.


PTptausaha Gemilangindah Tbk's Asset Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where PTptausaha Gemilangindah Tbk's Asset Turnover falls into.



PTptausaha Gemilangindah Tbk Asset Turnover Calculation

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

PTptausaha Gemilangindah 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 )
=21963.323/( (269642.242+319144.588)/ 2 )
=21963.323/294393.415
=0.07

PTptausaha Gemilangindah Tbk's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4541.059/( (319144.588+319430.209)/ 2 )
=4541.059/319287.3985
=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.


PTptausaha Gemilangindah Tbk  (ISX:SAGE) Asset Turnover Explanation

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

PTptausaha Gemilangindah Tbk's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=1078.912/287952.721
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1078.912 / 18164.236)*(18164.236 / 319287.3985)*(319287.3985/ 287952.721)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.94 %*0.0569*1.1088
=ROA %*Equity Multiplier
=0.34 %*1.1088
=0.37 %

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

PTptausaha Gemilangindah Tbk's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=1078.912/319287.3985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1078.912 / 18164.236)*(18164.236 / 319287.3985)
=Net Margin %*Asset Turnover
=5.94 %*0.0569
=0.34 %

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


PTptausaha Gemilangindah Tbk Asset Turnover Related Terms

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PTptausaha Gemilangindah Tbk (ISX:SAGE) Business Description

Traded in Other Exchanges
N/A
Address
Millennium Industrial Estate Building, Jl. Kramat Raya No.32-34,, Senen district, Kwitang Village, Jakarta Central, IDN, 10420
PT Saptausaha Gemilangindah Tbk is engaged in the property sector in the residential and commercial sectors, both within the city and outside the city. The projects of the company are Kamala House, Lavana House, Ruko Portico, and others. Its segment includes Property, Planning Services, and Building, and Environmental Management. It generates the majority of its revenue from the Property segment.

PTptausaha Gemilangindah Tbk (ISX:SAGE) Headlines

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