PT KING TIre Indonesia TBK (ISX:TYRE) Asset Turnover: 0.00 (As of . 20)


ISX:TYRE PT KING TIre Indonesia TBK ISX:TYRE
11 GF Score
Price Rp104.00
! 1 Warning Sign
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What is PT KING TIre Indonesia TBK Asset Turnover?

PT KING TIre Indonesia TBK ISX:TYRE -2.80% 11 Asset Turnover is 0.00 as of . 20. GuruFocus rates ISX:TYRE with a GF Score™ of 11/100. The stock has 1 warning sign 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. PT KING TIre Indonesia TBK's Revenue for the six months ended in . 20 was Rp Mil. PT KING TIre Indonesia TBK's Total Assets for the quarter that ended in . 20 was Rp Mil. Therefore, PT KING TIre Indonesia TBK's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. PT KING TIre Indonesia TBK's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. PT KING TIre Indonesia TBK's annualized ROA % for the quarter that ended in . 20 was %.

PT KING TIre Indonesia TBK  (ISX:TYRE) Asset Turnover Explanation

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

PT KING TIre Indonesia TBK's annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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 KING TIre Indonesia TBK's annulized ROA % for the quarter that ended in . 20 is

ROA %(Q: . 20 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is two times the semi-annual (. 20) net income data. The Revenue data used here is two times the semi-annual (. 20) 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 KING TIre Indonesia TBK Asset Turnover Related Terms

PT KING TIre Indonesia TBK Asset Turnover Historical Data

* Premium members only.

The historical data trend for PT KING TIre Indonesia 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 KING TIre Indonesia TBK Asset Turnover Chart

PT KING TIre Indonesia TBK Annual Data
Trend
Asset Turnover

PT KING TIre Indonesia TBK Semi-Annual Data
Asset Turnover

ISX:TYRE vs ORLY, AZO, GPC: Asset Turnover Comparison

For the Auto Parts subindustry, PT KING TIre Indonesia 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 KING TIre Indonesia TBK Asset Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT KING TIre Indonesia TBK's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT KING TIre Indonesia TBK's Asset Turnover falls into.


ISX:TYRE
11GF Score
PT KING TIre Indonesia TBK ISX:TYRE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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PT KING TIre Indonesia TBK Asset Turnover Calculation

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

PT KING TIre Indonesia TBK's Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

PT KING TIre Indonesia TBK's Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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 0.00 mean?
PT KING TIre Indonesia TBK (ISX:TYRE) has a Asset Turnover of 0.00 as of . 20. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on PT KING TIre Indonesia TBK and its competitors.
Is PT KING TIre Indonesia TBK's Asset Turnover too high?
PT KING TIre Indonesia TBK's current Asset Turnover is 0.00. Overall, PT KING TIre Indonesia TBK has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does PT KING TIre Indonesia TBK's Asset Turnover compare to ORLY and AZO?
PT KING TIre Indonesia TBK's Asset Turnover of 0.00 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Asset Turnover depends on the Vehicles & Parts 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 KING TIre Indonesia TBK and its competitors. PT KING TIre Indonesia TBK's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT KING TIre Indonesia TBK stock overvalued right now?
PT KING TIre Indonesia TBK (ISX:TYRE) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. PT KING TIre Indonesia TBK's overall GF Score™ is 11/100 with 1 warning sign 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 PT KING TIre Indonesia TBK (ISX:TYRE), the current Asset Turnover is 0.00 as of . 20. 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 KING TIre Indonesia TBK Business Description

Address Jalan Raya Serang KM. 68, Desa Nambo Ilir, Kecamatan Kibin, Kabupaten Serang, Banten, Serang, IDN, 42185
PT KING TIre Indonesia TBK produces tires and tubes for vehicles with the brand Kingland. It offers motorcycle tire brands including Kingland Genuine, Kingland Premium, Kingland Axcero, and Kingland Atlantis. The company's segment includes outer tire manufacturer and inner tire manufacturer. It generates maximum revenue from the Outer Tire segment.
11GF Score

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

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