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Computer Age Management Services (NSE:CAMS) Asset Turnover : 0.22 (As of Mar. 2024)


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What is Computer Age Management Services Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Computer Age Management Services's Revenue for the three months ended in Mar. 2024 was ₹3,105 Mil. Computer Age Management Services's Total Assets for the quarter that ended in Mar. 2024 was ₹14,142 Mil. Therefore, Computer Age Management Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Computer Age Management Services's annualized ROE % for the quarter that ended in Mar. 2024 was 45.27%. It is also linked to ROA % through Du Pont Formula. Computer Age Management Services's annualized ROA % for the quarter that ended in Mar. 2024 was 29.27%.


Computer Age Management Services Asset Turnover Historical Data

The historical data trend for Computer Age Management Services'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.

Computer Age Management Services Asset Turnover Chart

Computer Age Management Services Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial 0.91 0.86 1.01 0.95 0.91

Computer Age Management Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.23 0.24 0.22 0.23 0.22

Competitive Comparison of Computer Age Management Services's Asset Turnover

For the Information Technology Services subindustry, Computer Age Management Services'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.


Computer Age Management Services's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Computer Age Management Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Computer Age Management Services's Asset Turnover falls into.



Computer Age Management Services Asset Turnover Calculation

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

Computer Age Management Services's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=11365.181/( (10975.506+14142.075)/ 2 )
=11365.181/12558.7905
=0.90

Computer Age Management Services's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3104.588/( (0+14142.075)/ 1 )
=3104.588/14142.075
=0.22

* 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.


Computer Age Management Services  (NSE:CAMS) Asset Turnover Explanation

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

Computer Age Management Services's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=4140.004/9145.329
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4140.004 / 12418.352)*(12418.352 / 14142.075)*(14142.075/ 9145.329)
=Net Margin %*Asset Turnover*Equity Multiplier
=33.34 %*0.8781*1.5464
=ROA %*Equity Multiplier
=29.27 %*1.5464
=45.27 %

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

Computer Age Management Services's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=4140.004/14142.075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4140.004 / 12418.352)*(12418.352 / 14142.075)
=Net Margin %*Asset Turnover
=33.34 %*0.8781
=29.27 %

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


Computer Age Management Services Asset Turnover Related Terms

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Computer Age Management Services (NSE:CAMS) Business Description

Traded in Other Exchanges
Address
Anna Salai, 3rd Floor, No. 158, Rayala Towers, Tower - I, Chennai, TN, IND, 600 002
Computer Age Management Services Ltd is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions. The company provides a comprehensive portfolio of technology-based services, such as transaction origination interface, transaction execution, payment, settlement and reconciliation, dividend processing, investor interface, record keeping, report generation, intermediary empanelment and brokerage computation and compliance-related services, through its pan-India network to its mutual fund clients, distributors and investors. It also provides certain services to alternative investment funds, insurance companies, banks and non-banking finance companies.

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