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KMFG (Keemo Fashion Group) Asset Turnover : 0.19 (As of Jan. 2025)


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What is Keemo Fashion Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Keemo Fashion Group's Revenue for the three months ended in Jan. 2025 was $0.01 Mil. Keemo Fashion Group's Total Assets for the quarter that ended in Jan. 2025 was $0.03 Mil. Therefore, Keemo Fashion Group's Asset Turnover for the quarter that ended in Jan. 2025 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Keemo Fashion Group's annualized ROE % for the quarter that ended in Jan. 2025 was 64.00%. It is also linked to ROA % through Du Pont Formula. Keemo Fashion Group's annualized ROA % for the quarter that ended in Jan. 2025 was -153.85%.


Keemo Fashion Group Asset Turnover Historical Data

The historical data trend for Keemo Fashion Group'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.

Keemo Fashion Group Asset Turnover Chart

Keemo Fashion Group Annual Data
Trend Jul23 Jul24
Asset Turnover
0.40 0.62

Keemo Fashion Group Quarterly Data
Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.31 0.21 0.17 0.19 0.19

Competitive Comparison of Keemo Fashion Group's Asset Turnover

For the Apparel Retail subindustry, Keemo Fashion Group'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.


Keemo Fashion Group's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Keemo Fashion Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Keemo Fashion Group's Asset Turnover falls into.


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Keemo Fashion Group Asset Turnover Calculation

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

Keemo Fashion Group's Asset Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2024 )/( (Total Assets (A: Jul. 2023 )+Total Assets (A: Jul. 2024 ))/ count )
=0.022/( (0.043+0.028)/ 2 )
=0.022/0.0355
=0.62

Keemo Fashion Group's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=0.005/( (0.026+0.026)/ 2 )
=0.005/0.026
=0.19

* 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.


Keemo Fashion Group  (OTCPK:KMFG) Asset Turnover Explanation

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

Keemo Fashion Group's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-0.04/-0.0625
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.04 / 0.02)*(0.02 / 0.026)*(0.026/ -0.0625)
=Net Margin %*Asset Turnover*Equity Multiplier
=-200 %*0.7692*-0.416
=ROA %*Equity Multiplier
=-153.85 %*-0.416
=64.00 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

Keemo Fashion Group's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-0.04/0.026
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.04 / 0.02)*(0.02 / 0.026)
=Net Margin %*Asset Turnover
=-200 %*0.7692
=-153.85 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


Keemo Fashion Group Asset Turnover Related Terms

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Keemo Fashion Group Business Description

Traded in Other Exchanges
N/A
Address
Xili Liuxin 1st Road, 69 Wanke Boyu, Nanshan District, Guangdong, Shenzhen, CHN, 518052
Keemo Fashion Group Ltd is a company that operates in the apparel and garment trade industry by wholesaling men's and women's apparel to retailers in Asian countries. The Company has focused its efforts on attracting small to medium apparel and garment retailers by wholesaling low to mid-range apparel and garments. It sources mid-priced women's semi-formal apparel, which the company believes potentially has a higher gross profit margin compared to low-priced apparel. The company has two geographical segment namely the United States and Non-United States, and one operating segment apparel and garment trading business.

Keemo Fashion Group Headlines

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