DCG Cables & Wires (NSE:DCG) Asset Turnover: 1.24 (As of Mar. 2025)


NSE:DCG DCG Cables & Wires Ltd NSE:DCG
17 GF Score
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! 3 Warning Signs
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What is DCG Cables & Wires Asset Turnover?

DCG Cables & Wires NSE:DCG -1.19% 17 Asset Turnover is 1.24 as of Mar. 2025. GuruFocus rates NSE:DCG with a GF Score™ of 17/100. The stock has 3 warning signs 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. DCG Cables & Wires's Revenue for the six months ended in Mar. 2025 was ₹1,276 Mil. DCG Cables & Wires's Total Assets for the quarter that ended in Mar. 2025 was ₹1,031 Mil. Therefore, DCG Cables & Wires's Asset Turnover for the quarter that ended in Mar. 2025 was 1.24.

Asset Turnover is linked to ROE % through Du Pont Formula. DCG Cables & Wires's annualized ROE % for the quarter that ended in Mar. 2025 was 31.40%. It is also linked to ROA % through Du Pont Formula. DCG Cables & Wires's annualized ROA % for the quarter that ended in Mar. 2025 was 15.72%.


DCG Cables & Wires  (NSE:DCG) Asset Turnover Explanation

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

DCG Cables & Wires's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=162.058/516.092
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(162.058 / 2551.226)*(2551.226 / 1031.027)*(1031.027/ 516.092)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.35 %*2.4745*1.9978
=ROA %*Equity Multiplier
=15.72 %*1.9978
=31.40 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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:

DCG Cables & Wires's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=162.058/1031.027
=(Net Income / Revenue)*(Revenue / Total Assets)
=(162.058 / 2551.226)*(2551.226 / 1031.027)
=Net Margin %*Asset Turnover
=6.35 %*2.4745
=15.72 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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.


DCG Cables & Wires Asset Turnover Related Terms


DCG Cables & Wires Asset Turnover Historical Data

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The historical data trend for DCG Cables & Wires'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.

DCG Cables & Wires Asset Turnover Chart

DCG Cables & Wires Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
9.00 3.80 2.24 1.67 1.24

DCG Cables & Wires Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover 9.00 3.80 2.24 1.67 1.24

NSE:DCG vs VRT, BE: Asset Turnover Comparison

For the Electrical Equipment & Parts subindustry, DCG Cables & Wires'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.


DCG Cables & Wires Asset Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DCG Cables & Wires's Asset Turnover distribution charts can be found below:

* The bar in red indicates where DCG Cables & Wires's Asset Turnover falls into.


NSE:DCG
17GF Score
DCG Cables & Wires Ltd NSE:DCG
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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DCG Cables & Wires Asset Turnover Calculation

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

DCG Cables & Wires's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=1275.613/( (852.664+1209.39)/ 2 )
=1275.613/1031.027
=1.24

DCG Cables & Wires's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=1275.613/( (852.664+1209.39)/ 2 )
=1275.613/1031.027
=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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 1.24 mean?
DCG Cables & Wires (NSE:DCG) has a Asset Turnover of 1.24 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on DCG Cables & Wires and its competitors.
Is DCG Cables & Wires' Asset Turnover too high?
DCG Cables & Wires' current Asset Turnover is 1.24. Overall, DCG Cables & Wires has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does DCG Cables & Wires' Asset Turnover compare to VRT and BE?
DCG Cables & Wires' Asset Turnover of 1.24 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Asset Turnover depends on the Industrial Products 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 DCG Cables & Wires and its competitors. DCG Cables & Wires's current Asset Turnover is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DCG Cables & Wires stock overvalued right now?
DCG Cables & Wires (NSE:DCG) has a current Asset Turnover of 1.24. The current Asset Turnover is 1.24. DCG Cables & Wires' overall GF Score™ is 17/100 with 3 warning signs 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 DCG Cables & Wires (NSE:DCG), the current Asset Turnover is 1.24 as of Mar. 2025. 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.

DCG Cables & Wires Business Description

Address Survey no 741, Near Atul Green Bricks, Bhayala, Bavla, Ahmedabad, GJ, IND, 382415
DCG Cables & Wires Ltd is a manufacturer of copper cables and wires. It focus is on manufacturing of different types of copper cables which finds application in Transformers that consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. It also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers.
17GF Score

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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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