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PT Gaya Abadi Sempurna Tbk (ISX:SLIS) Asset Turnover : 0.28 (As of Sep. 2024)


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What is PT Gaya Abadi Sempurna 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 Gaya Abadi Sempurna Tbk's Revenue for the three months ended in Sep. 2024 was Rp141,136 Mil. PT Gaya Abadi Sempurna Tbk's Total Assets for the quarter that ended in Sep. 2024 was Rp497,208 Mil. Therefore, PT Gaya Abadi Sempurna Tbk's Asset Turnover for the quarter that ended in Sep. 2024 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Gaya Abadi Sempurna Tbk's annualized ROE % for the quarter that ended in Sep. 2024 was 1.87%. It is also linked to ROA % through Du Pont Formula. PT Gaya Abadi Sempurna Tbk's annualized ROA % for the quarter that ended in Sep. 2024 was 1.31%.


PT Gaya Abadi Sempurna Tbk Asset Turnover Historical Data

The historical data trend for PT Gaya Abadi Sempurna 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 Gaya Abadi Sempurna Tbk Asset Turnover Chart

PT Gaya Abadi Sempurna Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 1.60 1.13 1.15 1.16 0.98

PT Gaya Abadi Sempurna Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only 0.25 0.27 0.27 0.26 0.28

Competitive Comparison of PT Gaya Abadi Sempurna Tbk's Asset Turnover

For the Electronics & Computer Distribution subindustry, PT Gaya Abadi Sempurna 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 Gaya Abadi Sempurna Tbk's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, PT Gaya Abadi Sempurna Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Gaya Abadi Sempurna Tbk's Asset Turnover falls into.



PT Gaya Abadi Sempurna Tbk Asset Turnover Calculation

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

PT Gaya Abadi Sempurna 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 )
=452366.965/( (446032.518+473573.297)/ 2 )
=452366.965/459802.9075
=0.98

PT Gaya Abadi Sempurna 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 )
=141135.631/( (517962.107+476453.095)/ 2 )
=141135.631/497207.601
=0.28

* 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 Gaya Abadi Sempurna Tbk  (ISX:SLIS) Asset Turnover Explanation

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

PT Gaya Abadi Sempurna Tbk's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=6525.664/349876.199
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6525.664 / 564542.524)*(564542.524 / 497207.601)*(497207.601/ 349876.199)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.16 %*1.1354*1.4211
=ROA %*Equity Multiplier
=1.31 %*1.4211
=1.87 %

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 Gaya Abadi Sempurna Tbk's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=6525.664/497207.601
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6525.664 / 564542.524)*(564542.524 / 497207.601)
=Net Margin %*Asset Turnover
=1.16 %*1.1354
=1.31 %

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 Gaya Abadi Sempurna Tbk Asset Turnover Related Terms

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PT Gaya Abadi Sempurna Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Serang Km 14.2 No 8, Pasir Gadung, Cikupa, Tangerang, Banten, IDN, 15710
PT Gaya Abadi Sempurna Tbk is engaged in the import and trade of raw materials and semi-finished goods for spare parts of electronic and electrical products as well as for electric and non-electric bicycles. Its segments are Electronic components and Electric Bicycles. The maximum revenue is from the Electronic components segment.

PT Gaya Abadi Sempurna Tbk Headlines

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