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Bharti Hexacom (NSE:BHARTIHEXA) Asset Turnover : 0.12 (As of Dec. 2024)


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What is Bharti Hexacom Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bharti Hexacom's Revenue for the three months ended in Dec. 2024 was ₹22,507 Mil. Bharti Hexacom's Total Assets for the quarter that ended in Dec. 2024 was ₹193,318 Mil. Therefore, Bharti Hexacom's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Bharti Hexacom's annualized ROE % for the quarter that ended in Dec. 2024 was 20.06%. It is also linked to ROA % through Du Pont Formula. Bharti Hexacom's annualized ROA % for the quarter that ended in Dec. 2024 was 5.40%.


Bharti Hexacom Asset Turnover Historical Data

The historical data trend for Bharti Hexacom'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.

Bharti Hexacom Asset Turnover Chart

Bharti Hexacom Annual Data
Trend Mar21 Mar22 Mar23
Asset Turnover
0.31 0.34 0.38

Bharti Hexacom Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only 0.09 0.09 0.11 0.11 0.12

Competitive Comparison of Bharti Hexacom's Asset Turnover

For the Telecom Services subindustry, Bharti Hexacom'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.


Bharti Hexacom's Asset Turnover Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Hexacom's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bharti Hexacom's Asset Turnover falls into.


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Bharti Hexacom Asset Turnover Calculation

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

Bharti Hexacom's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=65790/( (166743+182529)/ 2 )
=65790/174636
=0.38

Bharti Hexacom's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=22507/( (193318+0)/ 1 )
=22507/193318
=0.12

* 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.


Bharti Hexacom  (NSE:BHARTIHEXA) Asset Turnover Explanation

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

Bharti Hexacom's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=10436/52027
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(10436 / 90028)*(90028 / 193318)*(193318/ 52027)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.59 %*0.4657*3.7157
=ROA %*Equity Multiplier
=5.40 %*3.7157
=20.06 %

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

Bharti Hexacom's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=10436/193318
=(Net Income / Revenue)*(Revenue / Total Assets)
=(10436 / 90028)*(90028 / 193318)
=Net Margin %*Asset Turnover
=11.59 %*0.4657
=5.40 %

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


Bharti Hexacom Asset Turnover Related Terms

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Bharti Hexacom Business Description

Traded in Other Exchanges
Address
Nelson Mandela Road, Bharti Crescent, 1, Vasant Kunj, Phase II, New Delhi, IND, 110070
Bharti Hexacom Ltd is a communications solutions provider offering consumer mobile services, fixed-line telephone, and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, It offers services under the brand 'Airtel'. The company has three reportable segments: Mobile Services: which covers voice and data telecom services provided through wireless technology (2G/4G/5G). This also includes intra-city fiber networks. Homes and Office Services: covers voice and data communications through fixed-line network and broadband technology for homes and offices. Unallocated: items include expenses/results, assets and liabilities of corporate headquarters of the company. Key revenue is generated from Mobile Services segment.

Bharti Hexacom Headlines

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