Future Lifestyle Fashions (NSE:FLFL) Asset Turnover: 0.05 (As of Sep. 2022)


NSE:FLFL Future Lifestyle Fashions Ltd NSE:FLFL
4 GF Score
Price ₹1.36
View Full Analysis

What is Future Lifestyle Fashions Asset Turnover?

Future Lifestyle Fashions NSE:FLFL -1.45% 4 Asset Turnover is 0.05 as of Sep. 2022. GuruFocus rates NSE:FLFL with a GF Score™ of 4/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Future Lifestyle Fashions's Revenue for the three months ended in Sep. 2022 was ₹1,776 Mil. Future Lifestyle Fashions's Total Assets for the quarter that ended in Sep. 2022 was ₹37,694 Mil. Therefore, Future Lifestyle Fashions's Asset Turnover for the quarter that ended in Sep. 2022 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Future Lifestyle Fashions's annualized ROE % for the quarter that ended in Sep. 2022 was 1.49%. It is also linked to ROA % through Du Pont Formula. Future Lifestyle Fashions's annualized ROA % for the quarter that ended in Sep. 2022 was -0.80%.


Future Lifestyle Fashions  (NSE:FLFL) Asset Turnover Explanation

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

Future Lifestyle Fashions's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=-301.2/-20263.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-301.2 / 7104.4)*(7104.4 / 37694.4)*(37694.4/ -20263.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.24 %*0.1885*-1.8602
=ROA %*Equity Multiplier
=-0.80 %*-1.8602
=1.49 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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:

Future Lifestyle Fashions's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=-301.2/37694.4
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-301.2 / 7104.4)*(7104.4 / 37694.4)
=Net Margin %*Asset Turnover
=-4.24 %*0.1885
=-0.80 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Future Lifestyle Fashions Asset Turnover Related Terms


Future Lifestyle Fashions Asset Turnover Historical Data

* Premium members only.

The historical data trend for Future Lifestyle Fashions'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.

Future Lifestyle Fashions Asset Turnover Chart

Future Lifestyle Fashions Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.27 1.00 0.33 0.55

Future Lifestyle Fashions Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.22 0.13 0.06 0.05

NSE:FLFL vs VFC, LEVI, RL: Asset Turnover Comparison

For the Apparel Manufacturing subindustry, Future Lifestyle Fashions'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.


Future Lifestyle Fashions Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Future Lifestyle Fashions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Future Lifestyle Fashions's Asset Turnover falls into.


NSE:FLFL
4GF Score
Future Lifestyle Fashions Ltd NSE:FLFL
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future Lifestyle Fashions Asset Turnover Calculation

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

Future Lifestyle Fashions's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=29553/( (62267.1+44632.6)/ 2 )
=29553/53449.85
=0.55

Future Lifestyle Fashions's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=1776.1/( (0+37694.4)/ 1 )
=1776.1/37694.4
=0.05

* 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 0.05 mean?
Future Lifestyle Fashions (NSE:FLFL) has a Asset Turnover of 0.05 as of Sep. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Future Lifestyle Fashions and its competitors.
Is Future Lifestyle Fashions' Asset Turnover too high?
Future Lifestyle Fashions' current Asset Turnover is 0.05. Overall, Future Lifestyle Fashions has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Future Lifestyle Fashions' Asset Turnover compare to VFC and LEVI?
Future Lifestyle Fashions' Asset Turnover of 0.05 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Future Lifestyle Fashions and its competitors. Future Lifestyle Fashions's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Lifestyle Fashions stock overvalued right now?
Future Lifestyle Fashions (NSE:FLFL) has a current Asset Turnover of 0.05. The current Asset Turnover is 0.05. Future Lifestyle Fashions' overall GF Score™ is 4/100. 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 Future Lifestyle Fashions (NSE:FLFL), the current Asset Turnover is 0.05 as of Sep. 2022. 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.

Future Lifestyle Fashions Business Description

Address Off Jogeshwari-Vikhroli Link Road, Knowledge House, Shyam Nagar, Jogeshwari (East), Mumbai, MH, IND, 400 060
Future Lifestyle Fashions Ltd is an India based fashion company. The company's only reportable segment being the Branding, Manufacturing, Processing, Selling and Distribution of Fashion Products. Its portfolio of fashion brands that covers fashion categories, including formal menswear, casual wear, active or sportswear, ethnic wear, denim wear, footwear and accessories for men and women. The company's brand includes Lee Cooper, Scullers, Indigo Nation, John Miller, BARE casuals, Jealous 21, and others.
4GF Score

Get the complete analysis for NSE:FLFL

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.36
Price