Aspire and Innovative Advertising (NSE:ASPIRE) Asset Turnover: 1.22 (As of Mar. 2026)


NSE:ASPIRE Aspire and Innovative Advertising Ltd NSE:ASPIRE
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What is Aspire and Innovative Advertising Asset Turnover?

Aspire and Innovative Advertising NSE:ASPIRE -3.64% 32 Asset Turnover is 1.22 as of Mar. 2026. GuruFocus rates NSE:ASPIRE with a GF Score™ of 32/100. The stock has 8 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. Aspire and Innovative Advertising's Revenue for the six months ended in Mar. 2026 was ₹1,162 Mil. Aspire and Innovative Advertising's Total Assets for the quarter that ended in Mar. 2026 was ₹953 Mil. Therefore, Aspire and Innovative Advertising's Asset Turnover for the quarter that ended in Mar. 2026 was 1.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Aspire and Innovative Advertising's annualized ROE % for the quarter that ended in Mar. 2026 was 6.55%. It is also linked to ROA % through Du Pont Formula. Aspire and Innovative Advertising's annualized ROA % for the quarter that ended in Mar. 2026 was 3.49%.


Aspire and Innovative Advertising  (NSE:ASPIRE) Asset Turnover Explanation

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

Aspire and Innovative Advertising's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=33.286/508.48
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(33.286 / 2324.788)*(2324.788 / 953.151)*(953.151/ 508.48)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.43 %*2.4391*1.8745
=ROA %*Equity Multiplier
=3.49 %*1.8745
=6.55 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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:

Aspire and Innovative Advertising's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=33.286/953.151
=(Net Income / Revenue)*(Revenue / Total Assets)
=(33.286 / 2324.788)*(2324.788 / 953.151)
=Net Margin %*Asset Turnover
=1.43 %*2.4391
=3.49 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


Aspire and Innovative Advertising Asset Turnover Related Terms


Aspire and Innovative Advertising Asset Turnover Historical Data

* Premium members only.

The historical data trend for Aspire and Innovative Advertising'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.

Aspire and Innovative Advertising Asset Turnover Chart

Aspire and Innovative Advertising Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 5.23 5.55 4.28 1.57 1.85

Aspire and Innovative Advertising Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Asset Turnover Get a 7-Day Free Trial 0.00 2.37 2.15 0.63 1.22

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

For the Integrated Freight & Logistics subindustry, Aspire and Innovative Advertising'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.


Aspire and Innovative Advertising Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Aspire and Innovative Advertising's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Aspire and Innovative Advertising's Asset Turnover falls into.


NSE:ASPIRE
32GF Score
Aspire and Innovative Advertising Ltd NSE:ASPIRE
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aspire and Innovative Advertising Asset Turnover Calculation

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

Aspire and Innovative Advertising's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=1762.326/( (956.524+949.778)/ 2 )
=1762.326/953.151
=1.85

Aspire and Innovative Advertising's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Mar. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1162.394/( (956.524+949.778)/ 2 )
=1162.394/953.151
=1.22

* 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 1.22 mean?
Aspire and Innovative Advertising (NSE:ASPIRE) has a Asset Turnover of 1.22 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Aspire and Innovative Advertising and its competitors.
Is Aspire and Innovative Advertising's Asset Turnover too high?
Aspire and Innovative Advertising's current Asset Turnover is 1.22. Overall, Aspire and Innovative Advertising has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Aspire and Innovative Advertising's Asset Turnover compare to FDX and UPS?
Aspire and Innovative Advertising's Asset Turnover of 1.22 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 Aspire and Innovative Advertising and its competitors. Aspire and Innovative Advertising's current Asset Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspire and Innovative Advertising stock overvalued right now?
Aspire and Innovative Advertising (NSE:ASPIRE) has a current Asset Turnover of 1.22. The current Asset Turnover is 1.22. Aspire and Innovative Advertising's overall GF Score™ is 32/100 with 8 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 Aspire and Innovative Advertising (NSE:ASPIRE), the current Asset Turnover is 1.22 as of Mar. 2026. 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.

Aspire and Innovative Advertising Business Description

Address Plot No. 52, Sector-44, Soulstice Building, Second Floor, Gurugram, HR, IND, 122003
Aspire and Innovative Advertising Ltd is engaged in the trading of a wide range of consumer durables, including kitchen appliances, home appliances, white goods, mobile phones, accessories, and solar products. The company sources products from multiple renowned brands such as Bajaj, Prestige, Vivo, Samsung, Crompton, Whirlpool, Hindware, Havells, and many more, and offers them prominently to rural and semi-urban areas across India. Revenue is generated mainly through sales of these consumer durables, supported by a network of intermediaries and distribution centers that facilitate product availability in targeted regions.
32GF Score

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