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PTtu Visi Putra Tbk (ISX:VISI) Asset Turnover : 0.62 (As of Jun. 2024)


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What is PTtu Visi Putra 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. PTtu Visi Putra Tbk's Revenue for the three months ended in Jun. 2024 was Rp191,411 Mil. PTtu Visi Putra Tbk's Total Assets for the quarter that ended in Jun. 2024 was Rp310,123 Mil. Therefore, PTtu Visi Putra Tbk's Asset Turnover for the quarter that ended in Jun. 2024 was 0.62.

Asset Turnover is linked to ROE % through Du Pont Formula. PTtu Visi Putra Tbk's annualized ROE % for the quarter that ended in Jun. 2024 was 4.79%. It is also linked to ROA % through Du Pont Formula. PTtu Visi Putra Tbk's annualized ROA % for the quarter that ended in Jun. 2024 was 2.89%.


PTtu Visi Putra Tbk Asset Turnover Historical Data

The historical data trend for PTtu Visi Putra 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.

PTtu Visi Putra Tbk Asset Turnover Chart

PTtu Visi Putra Tbk Annual Data
Trend Dec20 Dec21 Dec22
Asset Turnover
1.58 2.06 2.31

PTtu Visi Putra Tbk Quarterly Data
Dec20 Dec21 Dec22 Jun23 Jun24
Asset Turnover - - - 1.10 0.62

Competitive Comparison of PTtu Visi Putra Tbk's Asset Turnover

For the Industrial Distribution subindustry, PTtu Visi Putra 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.


PTtu Visi Putra Tbk's Asset Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, PTtu Visi Putra Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PTtu Visi Putra Tbk's Asset Turnover falls into.



PTtu Visi Putra Tbk Asset Turnover Calculation

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

PTtu Visi Putra Tbk's Asset Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=322067.751/( (114586.36+163954.875)/ 2 )
=322067.751/139270.6175
=2.31

PTtu Visi Putra Tbk's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=191411.357/( (0+310123.05)/ 1 )
=191411.357/310123.05
=0.62

* 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.


PTtu Visi Putra Tbk  (ISX:VISI) Asset Turnover Explanation

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

PTtu Visi Putra Tbk's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=8961.932/187078.373
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8961.932 / 765645.428)*(765645.428 / 310123.05)*(310123.05/ 187078.373)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.17 %*2.4688*1.6577
=ROA %*Equity Multiplier
=2.89 %*1.6577
=4.79 %

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

PTtu Visi Putra Tbk's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=8961.932/310123.05
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8961.932 / 765645.428)*(765645.428 / 310123.05)
=Net Margin %*Asset Turnover
=1.17 %*2.4688
=2.89 %

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


PTtu Visi Putra Tbk Asset Turnover Related Terms

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PTtu Visi Putra Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Greges Jaya II, Block B19 District. Asemrowo, Kel. Sarioso Pond, East Java, Surabaya, IDN, 60184
PT Satu Visi Putra Tbk is engaged in wholesale trade for advertising and printing materials such as Banners, Displays, Ink and PVC Board.

PTtu Visi Putra Tbk Headlines

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