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EPACK Durable (NSE:EPACK) Asset Turnover : 0.21 (As of Dec. 2024)


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What is EPACK Durable Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. EPACK Durable's Revenue for the three months ended in Dec. 2024 was ₹3,768 Mil. EPACK Durable's Total Assets for the quarter that ended in Dec. 2024 was ₹17,835 Mil. Therefore, EPACK Durable's Asset Turnover for the quarter that ended in Dec. 2024 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. EPACK Durable's annualized ROE % for the quarter that ended in Dec. 2024 was 1.10%. It is also linked to ROA % through Du Pont Formula. EPACK Durable's annualized ROA % for the quarter that ended in Dec. 2024 was 0.56%.


EPACK Durable Asset Turnover Historical Data

The historical data trend for EPACK Durable'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.

EPACK Durable Asset Turnover Chart

EPACK Durable Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Asset Turnover
1.39 1.14 1.18 0.85

EPACK Durable Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.27 0.44 0.21 0.21

Competitive Comparison of EPACK Durable's Asset Turnover

For the Furnishings, Fixtures & Appliances subindustry, EPACK Durable'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.


EPACK Durable's Asset Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, EPACK Durable's Asset Turnover distribution charts can be found below:

* The bar in red indicates where EPACK Durable's Asset Turnover falls into.


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EPACK Durable Asset Turnover Calculation

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

EPACK Durable'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 )
=13652.953/( (14641.554+17677.731)/ 2 )
=13652.953/16159.6425
=0.84

EPACK Durable'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 )
=3768.373/( (17835.234+0)/ 1 )
=3768.373/17835.234
=0.21

* 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.


EPACK Durable  (NSE:EPACK) Asset Turnover Explanation

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

EPACK Durable's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=100.38/9110.632
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(100.38 / 15073.492)*(15073.492 / 17835.234)*(17835.234/ 9110.632)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.67 %*0.8452*1.9576
=ROA %*Equity Multiplier
=0.56 %*1.9576
=1.10 %

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:

EPACK Durable's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=100.38/17835.234
=(Net Income / Revenue)*(Revenue / Total Assets)
=(100.38 / 15073.492)*(15073.492 / 17835.234)
=Net Margin %*Asset Turnover
=0.67 %*0.8452
=0.56 %

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.


EPACK Durable Asset Turnover Related Terms

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EPACK Durable Business Description

Traded in Other Exchanges
Address
AltF 142 Noida, TR - 901, 9th Floor, Plot No. 21 and 21A, Sector 142, Noida, UP, IND, 201304
EPACK Durable Ltd is engaged in the business of manufacturing electronics consumer durable items. Its products include Room Air Conditioners, Induction Cooktops, Mixer Grinders, and Water Dispensers among others. The company also manufactures components related to consumer electronics such as Heat exchangers, Induction coils, Axial fans, Copper tubings, Sheet metals, and others. The company operates in a single operating segment and geographical segment.

EPACK Durable Headlines

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