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Bayan Investment Holding Co KSCP (KUW:BAYANINV) Asset Turnover : 0.01 (As of Sep. 2024)


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What is Bayan Investment Holding Co KSCP Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bayan Investment Holding Co KSCP's Revenue for the three months ended in Sep. 2024 was KWD0.11 Mil. Bayan Investment Holding Co KSCP's Total Assets for the quarter that ended in Sep. 2024 was KWD14.62 Mil. Therefore, Bayan Investment Holding Co KSCP's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Bayan Investment Holding Co KSCP's annualized ROE % for the quarter that ended in Sep. 2024 was 0.09%. It is also linked to ROA % through Du Pont Formula. Bayan Investment Holding Co KSCP's annualized ROA % for the quarter that ended in Sep. 2024 was 0.08%.


Bayan Investment Holding Co KSCP Asset Turnover Historical Data

The historical data trend for Bayan Investment Holding Co KSCP'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.

Bayan Investment Holding Co KSCP Asset Turnover Chart

Bayan Investment Holding Co KSCP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.03

Bayan Investment Holding Co KSCP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.02 0.14 0.01

Competitive Comparison of Bayan Investment Holding Co KSCP's Asset Turnover

For the Conglomerates subindustry, Bayan Investment Holding Co KSCP'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.


Bayan Investment Holding Co KSCP's Asset Turnover Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bayan Investment Holding Co KSCP's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bayan Investment Holding Co KSCP's Asset Turnover falls into.



Bayan Investment Holding Co KSCP Asset Turnover Calculation

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

Bayan Investment Holding Co KSCP'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 )
=0.423/( (17.705+14.968)/ 2 )
=0.423/16.3365
=0.03

Bayan Investment Holding Co KSCP's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.109/( (14.932+14.306)/ 2 )
=0.109/14.619
=0.01

* 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.


Bayan Investment Holding Co KSCP  (KUW:BAYANINV) Asset Turnover Explanation

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

Bayan Investment Holding Co KSCP's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=0.012/12.659
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.012 / 0.436)*(0.436 / 14.619)*(14.619/ 12.659)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.75 %*0.0298*1.1548
=ROA %*Equity Multiplier
=0.08 %*1.1548
=0.09 %

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

Bayan Investment Holding Co KSCP's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=0.012/14.619
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.012 / 0.436)*(0.436 / 14.619)
=Net Margin %*Asset Turnover
=2.75 %*0.0298
=0.08 %

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


Bayan Investment Holding Co KSCP Asset Turnover Related Terms

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Bayan Investment Holding Co KSCP Business Description

Traded in Other Exchanges
N/A
Address
Al-Qibla, Fahad Al-Salem Street, 11th & 12th Floors, Building No. 21, Area No. 12, Suad Commercial Complex, Kuwait City, KWT
Bayan Investment Holding Co KSCP is involved in carrying out all portfolio management operations and collective investment schemes. The company operates in various segments that include Investment Operations, which invests in securities, portfolio and funds; Asset Management & Advisory services segment, which invest and manage client portfolios and funds; Real Estate segment, which includes holding investment properties for capital appreciation & selling other properties; and Industrial segment includes production, manufacturing, and selling of ferrite and geese materials.

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