GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GVK Power & Infrastructure Ltd (NSE:GVKPIL) » Definitions » Asset Turnover

GVK Power & Infrastructure (NSE:GVKPIL) Asset Turnover : 0.02 (As of Dec. 2024)


View and export this data going back to 2006. Start your Free Trial

What is GVK Power & Infrastructure Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GVK Power & Infrastructure's Revenue for the three months ended in Dec. 2024 was ₹1,432 Mil. GVK Power & Infrastructure's Total Assets for the quarter that ended in Dec. 2024 was ₹70,903 Mil. Therefore, GVK Power & Infrastructure's Asset Turnover for the quarter that ended in Dec. 2024 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. GVK Power & Infrastructure's annualized ROE % for the quarter that ended in Dec. 2024 was 11.98%. It is also linked to ROA % through Du Pont Formula. GVK Power & Infrastructure's annualized ROA % for the quarter that ended in Dec. 2024 was -0.80%.


GVK Power & Infrastructure Asset Turnover Historical Data

The historical data trend for GVK Power & Infrastructure'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.

GVK Power & Infrastructure Asset Turnover Chart

GVK Power & Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.05 0.22 0.14

GVK Power & Infrastructure Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.02 0.01 0.03 0.06 0.02

Competitive Comparison of GVK Power & Infrastructure's Asset Turnover

For the Utilities - Independent Power Producers subindustry, GVK Power & Infrastructure'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.


GVK Power & Infrastructure's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GVK Power & Infrastructure's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GVK Power & Infrastructure's Asset Turnover falls into.


;
;

GVK Power & Infrastructure Asset Turnover Calculation

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

GVK Power & Infrastructure'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 )
=10801.4/( (76893.7+78092.2)/ 2 )
=10801.4/77492.95
=0.14

GVK Power & Infrastructure'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 )
=1432.4/( (70902.7+0)/ 1 )
=1432.4/70902.7
=0.02

* 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.


GVK Power & Infrastructure  (NSE:GVKPIL) Asset Turnover Explanation

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

GVK Power & Infrastructure's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=-565.2/-4716
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-565.2 / 5729.6)*(5729.6 / 70902.7)*(70902.7/ -4716)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.86 %*0.0808*-15.0345
=ROA %*Equity Multiplier
=-0.80 %*-15.0345
=11.98 %

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:

GVK Power & Infrastructure's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=-565.2/70902.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-565.2 / 5729.6)*(5729.6 / 70902.7)
=Net Margin %*Asset Turnover
=-9.86 %*0.0808
=-0.80 %

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.


GVK Power & Infrastructure Asset Turnover Related Terms

Thank you for viewing the detailed overview of GVK Power & Infrastructure's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


GVK Power & Infrastructure Business Description

Traded in Other Exchanges
Address
Street No: 1, Penderghast Road, Darshak Chambers, House No. 1-8-303/48/32, Plot No.32, Ground Floor, Secunderabad, TG, IND, 500 003
GVK Power & Infrastructure Ltd is an India-based company engaged in the business of providing operation and maintenance services, manpower, consultancy services, and incidental services to owners of power plants. It is also engaged in constructing and operating power plants, highway projects, airports, exploration of oil and coal mines. It operates its business through three business segments. The Power segment is a key revenue driver, engaged in the construction and operation of power plants; Roads segment is engaged in the construction and operation of highway projects and Others segment is engaged in investment in SEZ and other investments.

GVK Power & Infrastructure Headlines

No Headlines