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Country Club Hospitality & Holidays (NSE:CCHHL) Asset Turnover : 0.02 (As of Mar. 2024)


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What is Country Club Hospitality & Holidays Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Country Club Hospitality & Holidays's Revenue for the three months ended in Mar. 2024 was ₹124.6 Mil. Country Club Hospitality & Holidays's Total Assets for the quarter that ended in Mar. 2024 was ₹6,152.0 Mil. Therefore, Country Club Hospitality & Holidays's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Country Club Hospitality & Holidays's annualized ROE % for the quarter that ended in Mar. 2024 was 7.77%. It is also linked to ROA % through Du Pont Formula. Country Club Hospitality & Holidays's annualized ROA % for the quarter that ended in Mar. 2024 was 3.94%.


Country Club Hospitality & Holidays Asset Turnover Historical Data

The historical data trend for Country Club Hospitality & Holidays'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.

Country Club Hospitality & Holidays Asset Turnover Chart

Country Club Hospitality & Holidays Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.05 0.07 0.09 0.08

Country Club Hospitality & Holidays 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Country Club Hospitality & Holidays's Asset Turnover

For the Lodging subindustry, Country Club Hospitality & Holidays'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.


Country Club Hospitality & Holidays's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Country Club Hospitality & Holidays's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Country Club Hospitality & Holidays's Asset Turnover falls into.



Country Club Hospitality & Holidays Asset Turnover Calculation

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

Country Club Hospitality & Holidays'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 )
=523.639/( (6616.105+6152.024)/ 2 )
=523.639/6384.0645
=0.08

Country Club Hospitality & Holidays'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 )
=124.588/( (0+6152.024)/ 1 )
=124.588/6152.024
=0.02

* 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.


Country Club Hospitality & Holidays  (NSE:CCHHL) Asset Turnover Explanation

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

Country Club Hospitality & Holidays's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=242.096/3117.039
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(242.096 / 498.352)*(498.352 / 6152.024)*(6152.024/ 3117.039)
=Net Margin %*Asset Turnover*Equity Multiplier
=48.58 %*0.081*1.9737
=ROA %*Equity Multiplier
=3.94 %*1.9737
=7.77 %

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:

Country Club Hospitality & Holidays's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=242.096/6152.024
=(Net Income / Revenue)*(Revenue / Total Assets)
=(242.096 / 498.352)*(498.352 / 6152.024)
=Net Margin %*Asset Turnover
=48.58 %*0.081
=3.94 %

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.


Country Club Hospitality & Holidays Asset Turnover Related Terms

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Country Club Hospitality & Holidays (NSE:CCHHL) Business Description

Traded in Other Exchanges
Address
Country Club Kool, No. 6-3-1219, 4th and 5th Floor, Begumpet, Hyderabad, TG, IND, 500016
Country Club Hospitality & Holidays Ltd offers leisure hospitality services in India. It provides specialty services which include member-exclusive clubbing hubs, splendid holiday destinations, trendy fitness centers and star-studded entertainment events. The group also organizes various family amusement events including Live Musical Nights, Food Festivals, Magic shows and Tambola. It operates under the business segment of Sale of Vacation Ownership and other related services. Its business is to sell club ownership, provide tour and holiday services, accommodation services; training in recreational activities relating to art, culture and sports, fitness training and clubbing to its members for a specified period.

Country Club Hospitality & Holidays (NSE:CCHHL) Headlines

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