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Emcure Pharmaceuticals (NSE:EMCURE) Asset Turnover : 0.24 (As of Dec. 2024)


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What is Emcure Pharmaceuticals Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Emcure Pharmaceuticals's Revenue for the three months ended in Dec. 2024 was ₹19,626 Mil. Emcure Pharmaceuticals's Total Assets for the quarter that ended in Dec. 2024 was ₹81,245 Mil. Therefore, Emcure Pharmaceuticals's Asset Turnover for the quarter that ended in Dec. 2024 was 0.24.

Asset Turnover is linked to ROE % through Du Pont Formula. Emcure Pharmaceuticals's annualized ROE % for the quarter that ended in Dec. 2024 was 14.93%. It is also linked to ROA % through Du Pont Formula. Emcure Pharmaceuticals's annualized ROA % for the quarter that ended in Dec. 2024 was 7.57%.


Emcure Pharmaceuticals Asset Turnover Historical Data

The historical data trend for Emcure Pharmaceuticals'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.

Emcure Pharmaceuticals Asset Turnover Chart

Emcure Pharmaceuticals Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Asset Turnover
0.73 0.90 0.93 0.91

Emcure Pharmaceuticals Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial 0.25 0.25 0.22 0.25 0.24

Competitive Comparison of Emcure Pharmaceuticals's Asset Turnover

For the Drug Manufacturers - Specialty & Generic subindustry, Emcure Pharmaceuticals'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.


Emcure Pharmaceuticals's Asset Turnover Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Emcure Pharmaceuticals's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Emcure Pharmaceuticals's Asset Turnover falls into.


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Emcure Pharmaceuticals Asset Turnover Calculation

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

Emcure Pharmaceuticals'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 )
=65819.92/( (66725.31+78061.63)/ 2 )
=65819.92/72393.47
=0.91

Emcure Pharmaceuticals's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=19626.3/( (81244.78+0)/ 1 )
=19626.3/81244.78
=0.24

* 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.


Emcure Pharmaceuticals  (NSE:EMCURE) Asset Turnover Explanation

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

Emcure Pharmaceuticals's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=6148.88/41183.72
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6148.88 / 78505.2)*(78505.2 / 81244.78)*(81244.78/ 41183.72)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.83 %*0.9663*1.9727
=ROA %*Equity Multiplier
=7.57 %*1.9727
=14.93 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Emcure Pharmaceuticals's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=6148.88/81244.78
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6148.88 / 78505.2)*(78505.2 / 81244.78)
=Net Margin %*Asset Turnover
=7.83 %*0.9663
=7.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Emcure Pharmaceuticals Asset Turnover Related Terms

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Emcure Pharmaceuticals Business Description

Traded in Other Exchanges
Address
Plot No. P-1 and P-2, IT-BT Park, Phase II, M.I.D.C., Hinjawadi, Hinjawadi, MH, IND, 411057
Emcure Pharmaceuticals Ltd an Indian pharmaceutical company engaged in developing, manufacturing and globally marketing a range of pharmaceutical products across several therapeutic areas. Its portfolio includes orals including solids, liquid orals and dry syrup/suspensions., injectables such as vials and pre-filled syringes, and forms such as lyophilized & liquid and biotherapeutics.

Emcure Pharmaceuticals Headlines

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