Ashapura Logistics (NSE:ASHALOG) Asset Turnover: 0.70 (As of Mar. 2025)


NSE:ASHALOG Ashapura Logistics Ltd NSE:ASHALOG
17 GF Score
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What is Ashapura Logistics Asset Turnover?

Ashapura Logistics NSE:ASHALOG 17 Asset Turnover is 0.70 as of Mar. 2025. GuruFocus rates NSE:ASHALOG with a GF Score™ of 17/100. The stock has 5 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ashapura Logistics's Revenue for the six months ended in Mar. 2025 was ₹1,374 Mil. Ashapura Logistics's Total Assets for the quarter that ended in Mar. 2025 was ₹1,977 Mil. Therefore, Ashapura Logistics's Asset Turnover for the quarter that ended in Mar. 2025 was 0.70.

Asset Turnover is linked to ROE % through Du Pont Formula. Ashapura Logistics's annualized ROE % for the quarter that ended in Mar. 2025 was 9.06%. It is also linked to ROA % through Du Pont Formula. Ashapura Logistics's annualized ROA % for the quarter that ended in Mar. 2025 was 5.84%.

Ashapura Logistics  (NSE:ASHALOG) Asset Turnover Explanation

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

Ashapura Logistics's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=115.456/1274.241
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(115.456 / 2748.3)*(2748.3 / 1976.895)*(1976.895/ 1274.241)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.2 %*1.3902*1.5514
=ROA %*Equity Multiplier
=5.84 %*1.5514
=9.06 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

Ashapura Logistics's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=115.456/1976.895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(115.456 / 2748.3)*(2748.3 / 1976.895)
=Net Margin %*Asset Turnover
=4.2 %*1.3902
=5.84 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.

Ashapura Logistics Asset Turnover Related Terms

Ashapura Logistics Asset Turnover Historical Data

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The historical data trend for Ashapura Logistics'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.

Ashapura Logistics Asset Turnover Chart

Ashapura Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
1.60 1.99 2.01 1.72 1.36

Ashapura Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Asset Turnover Get a 7-Day Free Trial 0.00 0.87 0.85 0.61 0.70

NSE:ASHALOG vs FDX, UPS, JBHT: Asset Turnover Comparison

For the Integrated Freight & Logistics subindustry, Ashapura Logistics'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.

Ashapura Logistics Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Ashapura Logistics's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ashapura Logistics's Asset Turnover falls into.


NSE:ASHALOG
17GF Score
Ashapura Logistics Ltd NSE:ASHALOG
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashapura Logistics Asset Turnover Calculation

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

Ashapura Logistics's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=2309.664/( (1264.488+2134.887)/ 2 )
=2309.664/1699.6875
=1.36

Ashapura Logistics's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=1374.15/( (1818.903+2134.887)/ 2 )
=1374.15/1976.895
=0.70

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.70 mean?
Ashapura Logistics (NSE:ASHALOG) has a Asset Turnover of 0.70 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ashapura Logistics and its competitors.
Is Ashapura Logistics' Asset Turnover too high?
Ashapura Logistics' current Asset Turnover is 0.70. Overall, Ashapura Logistics has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ashapura Logistics' Asset Turnover compare to FDX and UPS?
Ashapura Logistics' Asset Turnover of 0.70 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Transportation company?
A good Asset Turnover depends on the Transportation industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Ashapura Logistics and its competitors. Ashapura Logistics's current Asset Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Logistics stock overvalued right now?
Ashapura Logistics (NSE:ASHALOG) has a current Asset Turnover of 0.70. The current Asset Turnover is 0.70. Ashapura Logistics' overall GF Score™ is 17/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Ashapura Logistics (NSE:ASHALOG), the current Asset Turnover is 0.70 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ashapura Logistics Business Description

Address S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060
Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business segment generated key revenue for the company.
17GF Score

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