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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Chetana Education's Revenue for the
six
months ended in Mar. 2024 was ₹935.1 Mil. Chetana Education's Total Assets for the quarter that ended in Mar. 2024 was ₹889.5 Mil. Therefore, Chetana Education's Asset Turnover for the quarter that ended in Mar. 2024 was 1.05.
Asset Turnover is linked to ROE % through Du Pont Formula. Chetana Education's annualizedROE % for the quarter that ended in Mar. 2024 was 100.15%. It is also linked to ROA % through Du Pont Formula. Chetana Education's annualizedROA % for the quarter that ended in Mar. 2024 was 27.06%.
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:
Chetana Education's annulizedROA % for the quarter that ended in Mar. 2024 is
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.
Chetana Education Asset Turnover Related Terms
Chetana Education Asset Turnover Historical Data
* Premium members only.
The historical data trend for Chetana Education'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.
Chetana Education Asset Turnover Chart
Chetana Education Annual Data
Trend
Mar22
Mar23
Mar24
Asset Turnover
0.57
0.95
1.05
Chetana Education Semi-Annual Data
Mar22
Mar23
Mar24
Asset Turnover
0.57
0.95
1.05
NSE:CHETANA vs NYT: Asset Turnover Comparison
For the Publishing subindustry, Chetana Education'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.
Chetana Education Asset Turnover vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Chetana Education's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Chetana Education's Asset Turnover falls into.
* 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.
Chetana Education (NSE:CHETANA) has a Asset Turnover of 1.05 as of Mar. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Chetana Education and its competitors.
Is Chetana Education's Asset Turnover too high?
Chetana Education's current Asset Turnover is 1.05. Overall, Chetana Education has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Chetana Education's Asset Turnover compare to NYT?
Chetana Education's Asset Turnover of 1.05 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Asset Turnover depends on the Media - Diversified 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 Chetana Education and its competitors. Chetana Education's current Asset Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chetana Education stock overvalued right now?
Chetana Education (NSE:CHETANA) has a current Asset Turnover of 1.05. The current Asset Turnover is 1.05. Chetana Education's overall GF Score™ is 19/100. 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 Chetana Education (NSE:CHETANA), the current Asset Turnover is 1.05 as of Mar. 2024. 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.
Chetana Education Ltd is a content-based company, engaged in educational book publishing for the CBSE/State Board curriculum catering to the K-12 segment. It provide access to educational software for learning videos (for teachers and Students) accessible through QR (Quick Response) codes. The company is focus on serving the Maharashtra State Board and Central Board of Secondary Education (CBSE), covering the spectrum of education books from early pre-primary learning to K12 course.
19GF Score
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