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Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Asset Turnover : 0.12 (As of Mar. 2024)


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What is Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk's Revenue for the three months ended in Mar. 2024 was Rp205,077 Mil. Pt Vktr Teknologi Mobilitas Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp1,672,681 Mil. Therefore, Pt Vktr Teknologi Mobilitas Tbk's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Pt Vktr Teknologi Mobilitas Tbk's annualized ROE % for the quarter that ended in Mar. 2024 was 7.97%. It is also linked to ROA % through Du Pont Formula. Pt Vktr Teknologi Mobilitas Tbk's annualized ROA % for the quarter that ended in Mar. 2024 was 5.01%.


Pt Vktr Teknologi Mobilitas Tbk Asset Turnover Historical Data

The historical data trend for Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk Asset Turnover Chart

Pt Vktr Teknologi Mobilitas Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.54 0.99 1.19 0.79

Pt Vktr Teknologi Mobilitas Tbk Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.18 0.14 0.10 0.12

Competitive Comparison of Pt Vktr Teknologi Mobilitas Tbk's Asset Turnover

For the Recreational Vehicles subindustry, Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pt Vktr Teknologi Mobilitas Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pt Vktr Teknologi Mobilitas Tbk's Asset Turnover falls into.



Pt Vktr Teknologi Mobilitas Tbk Asset Turnover Calculation

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

Pt Vktr Teknologi Mobilitas 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 )
=1061862/( (1032905+1668360)/ 2 )
=1061862/1350632.5
=0.79

Pt Vktr Teknologi Mobilitas 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 )
=205077/( (1668360+1677002)/ 2 )
=205077/1672681
=0.12

* 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 Vktr Teknologi Mobilitas Tbk  (ISX:VKTR) Asset Turnover Explanation

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

Pt Vktr Teknologi Mobilitas Tbk's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=83844/1051435.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(83844 / 820308)*(820308 / 1672681)*(1672681/ 1051435.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.22 %*0.4904*1.5909
=ROA %*Equity Multiplier
=5.01 %*1.5909
=7.97 %

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:

Pt Vktr Teknologi Mobilitas Tbk's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=83844/1672681
=(Net Income / Revenue)*(Revenue / Total Assets)
=(83844 / 820308)*(820308 / 1672681)
=Net Margin %*Asset Turnover
=10.22 %*0.4904
=5.01 %

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.


Pt Vktr Teknologi Mobilitas Tbk Asset Turnover Related Terms

Thank you for viewing the detailed overview of Pt Vktr Teknologi Mobilitas Tbk's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Business Description

Traded in Other Exchanges
N/A
Address
Jl.H.R Rasuna Said, Bakrie Tower 35 floor, Rasuna Epicentrum, Jakarta, IDN, 12940
Pt Vktr Teknologi Mobilitas Tbk is engaged in wholesale trading of new cars and new motorcycles in the form of Battery-Based Electric Motorized Vehicles (KBLBB), spare parts components, car accessories, and the car body industry for four-wheeled or more motorized vehicles, battery-based electric motorized vehicles, two- and three-wheeled motorcycles and the iron and steel foundry industry, industry of spare parts and accessories for four-wheeled or more motorized vehicles through Subsidiaries.

Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Headlines

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