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Cell Point (India) (NSE:CELLPOINT) Asset Turnover : 1.24 (As of Mar. 2024)


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What is Cell Point (India) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Cell Point (India)'s Revenue for the six months ended in Mar. 2024 was ₹1,635 Mil. Cell Point (India)'s Total Assets for the quarter that ended in Mar. 2024 was ₹1,316 Mil. Therefore, Cell Point (India)'s Asset Turnover for the quarter that ended in Mar. 2024 was 1.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Cell Point (India)'s annualized ROE % for the quarter that ended in Mar. 2024 was 0.02%. It is also linked to ROA % through Du Pont Formula. Cell Point (India)'s annualized ROA % for the quarter that ended in Mar. 2024 was 0.01%.


Cell Point (India) Asset Turnover Historical Data

The historical data trend for Cell Point (India)'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.

Cell Point (India) Asset Turnover Chart

Cell Point (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
4.71 3.53 3.48 3.58 2.40

Cell Point (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Asset Turnover Get a 7-Day Free Trial - 1.80 - 1.22 1.24

Competitive Comparison of Cell Point (India)'s Asset Turnover

For the Specialty Retail subindustry, Cell Point (India)'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.


Cell Point (India)'s Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cell Point (India)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Cell Point (India)'s Asset Turnover falls into.



Cell Point (India) Asset Turnover Calculation

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

Cell Point (India)'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 )
=3212.337/( (0+1341.182)/ 1 )
=3212.337/1341.182
=2.40

Cell Point (India)'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: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1634.854/( (1290.576+1341.182)/ 2 )
=1634.854/1315.879
=1.24

* 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.


Cell Point (India)  (NSE:CELLPOINT) Asset Turnover Explanation

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

Cell Point (India)'s annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=0.11/721.155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.11 / 3269.708)*(3269.708 / 1315.879)*(1315.879/ 721.155)
=Net Margin %*Asset Turnover*Equity Multiplier
=0 %*2.4848*1.8247
=ROA %*Equity Multiplier
=0.01 %*1.8247
=0.02 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

Cell Point (India)'s annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=0.11/1315.879
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.11 / 3269.708)*(3269.708 / 1315.879)
=Net Margin %*Asset Turnover
=0 %*2.4848
=0.01 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Cell Point (India) Asset Turnover Related Terms

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Cell Point (India) (NSE:CELLPOINT) Business Description

Traded in Other Exchanges
N/A
Address
Ward No. 27, Ram’s Arcade, Door No. 30-15-139, Room No. 5 and 6, Opposite Visakha Medical Centre, Dabagardens, Visakhapatnam, AP, IND, 530020
Cell Point (India) Ltd is engaged in multi-brand retail selling of Smart Phones, tablets, mobile accessories, and mobile-related products and allied accessories of various brands such as Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, GIONEE, VIVO, etc. It is also engaged in retail selling of some of the consumer durable electronics goods, specifically, smart televisions of various brands such as Xiaomi, Realme, and One Plus. The company also provides payment options such as credit/EMI facilities including UPI, vouchers, & pay-on-delivery to its customers for buying its products for which the company has tied up with major leading credit houses.

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