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Al-Abbas Sugar Mills (KAR:AABS) Asset Turnover : 0.00 (As of . 20)


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What is Al-Abbas Sugar Mills Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Al-Abbas Sugar Mills's Revenue for the three months ended in . 20 was ₨ Mil. Al-Abbas Sugar Mills's Total Assets for the quarter that ended in . 20 was ₨ Mil. Therefore, Al-Abbas Sugar Mills's Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Al-Abbas Sugar Mills's annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Al-Abbas Sugar Mills's annualized ROA % for the quarter that ended in . 20 was %.


Al-Abbas Sugar Mills Asset Turnover Historical Data

The historical data trend for Al-Abbas Sugar Mills'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.

Al-Abbas Sugar Mills Asset Turnover Chart

Al-Abbas Sugar Mills Annual Data
Trend
Asset Turnover

Al-Abbas Sugar Mills Quarterly Data
Asset Turnover

Competitive Comparison of Al-Abbas Sugar Mills's Asset Turnover

For the Confectioners subindustry, Al-Abbas Sugar Mills'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.


Al-Abbas Sugar Mills's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Al-Abbas Sugar Mills's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Al-Abbas Sugar Mills's Asset Turnover falls into.



Al-Abbas Sugar Mills Asset Turnover Calculation

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

Al-Abbas Sugar Mills'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 )
=/( (+)/ )
=/
=

Al-Abbas Sugar Mills'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.


Al-Abbas Sugar Mills  (KAR:AABS) Asset Turnover Explanation

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

Al-Abbas Sugar Mills'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 four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 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:

Al-Abbas Sugar Mills's annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 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.


Al-Abbas Sugar Mills Asset Turnover Related Terms

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Al-Abbas Sugar Mills (KAR:AABS) Business Description

Traded in Other Exchanges
N/A
Address
R.Y. 16, Old Queens Road, 2nd Floor, Pardesi House, Survey No. 2/1, Karachi, SD, PAK, 74000
Al-Abbas Sugar Mills Ltd is engaged in the manufacturing of sugar and its byproducts. The company's reportable segments are Sugar, Ethanol and Storage Tank Terminal. The company's products include White refined sugar, Molasses, Bagasse, Ethanol and others.

Al-Abbas Sugar Mills (KAR:AABS) Headlines

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