GIR Natureview Resorts (NSE:GIRRESORTS) Asset Turnover: 0.50 (As of Mar. 2019)


What is GIR Natureview Resorts Asset Turnover?

GIR Natureview Resorts NSE:GIRRESORTS Asset Turnover is 0.50 as of Mar. 2019.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GIR Natureview Resorts's Revenue for the six months ended in Mar. 2019 was ₹103.5 Mil. GIR Natureview Resorts's Total Assets for the quarter that ended in Mar. 2019 was ₹208.5 Mil. Therefore, GIR Natureview Resorts's Asset Turnover for the quarter that ended in Mar. 2019 was 0.50.

Asset Turnover is linked to ROE % through Du Pont Formula. GIR Natureview Resorts's annualized ROE % for the quarter that ended in Mar. 2019 was 0.73%. It is also linked to ROA % through Du Pont Formula. GIR Natureview Resorts's annualized ROA % for the quarter that ended in Mar. 2019 was 0.68%.

GIR Natureview Resorts  (NSE:GIRRESORTS) Asset Turnover Explanation

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

GIR Natureview Resorts's annulized ROE % for the quarter that ended in Mar. 2019 is

ROE %**(Q: Mar. 2019 )
=Net Income/Total Stockholders Equity
=1.428/195.601
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.428 / 206.9)*(206.9 / 208.5245)*(208.5245/ 195.601)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.69 %*0.9922*1.0661
=ROA %*Equity Multiplier
=0.68 %*1.0661
=0.73 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2019) net income data. The Revenue data used here is two times the semi-annual (Mar. 2019) 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:

GIR Natureview Resorts's annulized ROA % for the quarter that ended in Mar. 2019 is

ROA %(Q: Mar. 2019 )
=Net Income/Total Assets
=1.428/208.5245
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.428 / 206.9)*(206.9 / 208.5245)
=Net Margin %*Asset Turnover
=0.69 %*0.9922
=0.68 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2019) net income data. The Revenue data used here is two times the semi-annual (Mar. 2019) 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.

GIR Natureview Resorts Asset Turnover Related Terms

GIR Natureview Resorts Asset Turnover Historical Data

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The historical data trend for GIR Natureview Resorts'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.

GIR Natureview Resorts Asset Turnover Chart

GIR Natureview Resorts Annual Data
Trend Mar18 Mar19
Asset Turnover
0.44 0.50

GIR Natureview Resorts Semi-Annual Data
Mar18 Mar19
Asset Turnover 0.44 0.50

GIR Natureview Resorts Asset Turnover Competitor Comparison

For the Resorts & Casinos subindustry, GIR Natureview Resorts'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.

GIR Natureview Resorts Asset Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GIR Natureview Resorts's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GIR Natureview Resorts's Asset Turnover falls into.


GIR Natureview Resorts Asset Turnover Calculation

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

GIR Natureview Resorts's Asset Turnover for the fiscal year that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2019 )/( (Total Assets (A: Mar. 2018 )+Total Assets (A: Mar. 2019 ))/ count )
=103.45/( (208.171+208.878)/ 2 )
=103.45/208.5245
=0.50

GIR Natureview Resorts's Asset Turnover for the quarter that ended in Mar. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=103.45/( (208.171+208.878)/ 2 )
=103.45/208.5245
=0.50

* 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 0.50 mean?
GIR Natureview Resorts (NSE:GIRRESORTS) has a Asset Turnover of 0.50 as of Mar. 2019. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on GIR Natureview Resorts and its competitors.
Is GIR Natureview Resorts' Asset Turnover too high?
GIR Natureview Resorts' current Asset Turnover is 0.50.
How does GIR Natureview Resorts' Asset Turnover compare to competitors?
GIR Natureview Resorts' Asset Turnover of 0.50 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Asset Turnover depends on the Travel & Leisure 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 GIR Natureview Resorts and its competitors. GIR Natureview Resorts's current Asset Turnover is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GIR Natureview Resorts stock overvalued right now?
GIR Natureview Resorts (NSE:GIRRESORTS) has a current Asset Turnover of 0.50. The current Asset Turnover is 0.50. 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 GIR Natureview Resorts (NSE:GIRRESORTS), the current Asset Turnover is 0.50 as of Mar. 2019. 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.

GIR Natureview Resorts Business Description

Address New Link Road, F-104, First Floor, Moongipa Arcade, Opp Versova Police Station, D N Nagar, Andheri West, Mumbai, MH, IND, 400053
GIR Natureview Resorts Ltd is engaged in the business of providing services related to hospitality, travel and leisure industry.