Credent Connect N Care (NSE:CREDENT) Asset Turnover: 0.00 (As of Mar. 2026)

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NSE:CREDENT Credent Connect N Care Ltd NSE:CREDENT
14 GF Score
Price ₹349.10
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What is Credent Connect N Care Asset Turnover?

Credent Connect N Care NSE:CREDENT -2.25% 14 Asset Turnover is 0.00 as of Mar. 2026. GuruFocus rates NSE:CREDENT with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Credent Connect N Care's Revenue for the three months ended in Mar. 2026 was ₹0 Mil. Credent Connect N Care's Total Assets for the quarter that ended in Mar. 2026 was ₹714 Mil. Therefore, Credent Connect N Care's Asset Turnover for the quarter that ended in Mar. 2026 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Credent Connect N Care's annualized ROE % for the quarter that ended in Mar. 2026 was 0.00%. It is also linked to ROA % through Du Pont Formula. Credent Connect N Care's annualized ROA % for the quarter that ended in Mar. 2026 was 0.00%.


Credent Connect N Care  (NSE:CREDENT) Asset Turnover Explanation

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

Credent Connect N Care's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=0/336.5085
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 714.445)*(714.445/ 336.5085)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*2.1231
=ROA %*Equity Multiplier
=0.00 %*2.1231
=0.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Credent Connect N Care's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=0/714.445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 714.445)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Credent Connect N Care Asset Turnover Related Terms


Credent Connect N Care Asset Turnover Historical Data

* Premium members only.

The historical data trend for Credent Connect N Care'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.

Credent Connect N Care Asset Turnover Chart

Credent Connect N Care Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Asset Turnover
3.07 3.30 2.79 3.86

Credent Connect N Care Quarterly Data
Mar23 Mar24 Mar25 Sep25 Mar26
Asset Turnover 0.00 0.00 0.00 0.00 0.00

NSE:CREDENT vs MCK, COR, CAH: Asset Turnover Comparison

For the Medical Distribution subindustry, Credent Connect N Care'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.


Credent Connect N Care Asset Turnover vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Credent Connect N Care's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Credent Connect N Care's Asset Turnover falls into.


NSE:CREDENT
14GF Score
Credent Connect N Care Ltd NSE:CREDENT
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Credent Connect N Care Asset Turnover Calculation

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

Credent Connect N Care's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=2141.618/( (294.951+815.682)/ 2 )
=2141.618/555.3165
=3.86

Credent Connect N Care's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=0/( (613.208+815.682)/ 2 )
=0/714.445
=0.00

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.00 mean?
Credent Connect N Care (NSE:CREDENT) has a Asset Turnover of 0.00 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Credent Connect N Care and its competitors.
Is Credent Connect N Care's Asset Turnover too high?
Credent Connect N Care's current Asset Turnover is 0.00. Overall, Credent Connect N Care has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Credent Connect N Care's Asset Turnover compare to MCK and COR?
Credent Connect N Care's Asset Turnover of 0.00 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Asset Turnover depends on the Medical Distribution 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 Credent Connect N Care and its competitors. Credent Connect N Care's current Asset Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credent Connect N Care stock overvalued right now?
Credent Connect N Care (NSE:CREDENT) has a current Asset Turnover of 0.00. The current Asset Turnover is 0.00. Credent Connect N Care's overall GF Score™ is 14/100 with 1 warning sign to review. 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 Credent Connect N Care (NSE:CREDENT), the current Asset Turnover is 0.00 as of Mar. 2026. 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.

Credent Connect N Care Business Description

Address Nimri Commercial Complex, B-3, Second Floor, Ashok Vihar, Phase-4, New Delhi, IND, 110 052
Credent Connect N Care Ltd is a healthcare services provider engaged in delivering integrated logistics, workforce solutions, and technology-enabled support to healthcare institutions across India. It provides comprehensive operational and logistics services to diagnostic laboratories, In Vitro Diagnostics (IVD) companies, pharmaceutical companies, clinics, and other healthcare enterprises. The company's offerings include home sample collection through trained phlebotomists; Operations & Supply Chain Services through stationed phlebotomy teams at laboratories and hospitals; deployment of skilled laboratory technicians and paramedical staff for internal operations; and specialized inter-state and intra-state logistics services. The majority of revenue is derived from Healthcare services.
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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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