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Hindustan Unilever (NSE:HINDUNILVR) Asset Turnover : 0.20 (As of Sep. 2024)


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What is Hindustan Unilever Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hindustan Unilever's Revenue for the three months ended in Sep. 2024 was ₹157,290 Mil. Hindustan Unilever's Total Assets for the quarter that ended in Sep. 2024 was ₹807,650 Mil. Therefore, Hindustan Unilever's Asset Turnover for the quarter that ended in Sep. 2024 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Hindustan Unilever's annualized ROE % for the quarter that ended in Sep. 2024 was 20.41%. It is also linked to ROA % through Du Pont Formula. Hindustan Unilever's annualized ROA % for the quarter that ended in Sep. 2024 was 12.83%.


Hindustan Unilever Asset Turnover Historical Data

The historical data trend for Hindustan Unilever'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.

Hindustan Unilever Asset Turnover Chart

Hindustan Unilever 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 2.02 1.04 0.74 0.83 0.80

Hindustan Unilever Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.20 0.20 0.19 0.20 0.20

Competitive Comparison of Hindustan Unilever's Asset Turnover

For the Household & Personal Products subindustry, Hindustan Unilever'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.


Hindustan Unilever's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hindustan Unilever's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hindustan Unilever's Asset Turnover falls into.



Hindustan Unilever Asset Turnover Calculation

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

Hindustan Unilever'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 )
=609660/( (730870+784990)/ 2 )
=609660/757930
=0.80

Hindustan Unilever's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=157290/( (0+807650)/ 1 )
=157290/807650
=0.19

* 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.


Hindustan Unilever  (NSE:HINDUNILVR) Asset Turnover Explanation

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

Hindustan Unilever's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=103640/507760
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(103640 / 629160)*(629160 / 807650)*(807650/ 507760)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.47 %*0.779*1.5906
=ROA %*Equity Multiplier
=12.83 %*1.5906
=20.41 %

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

Hindustan Unilever's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=103640/807650
=(Net Income / Revenue)*(Revenue / Total Assets)
=(103640 / 629160)*(629160 / 807650)
=Net Margin %*Asset Turnover
=16.47 %*0.779
=12.83 %

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


Hindustan Unilever Asset Turnover Related Terms

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Hindustan Unilever Business Description

Traded in Other Exchanges
Address
B. D. Sawant Marg, Unilever House, Chakala, Andheri (East), Mumbai, MH, IND, 400099
Hindustan Unilever Ltd is an Indian consumer goods company. The firm's offering is diverse, as it includes over 50 brands from 16 distinct categories, from cosmetics and hygienic items (detergents, soaps, shampoos, skincare, toothpaste, and deodorants), to food and beverages (tea, coffee, packaged foods). Its product portfolio contains household brands such as Lux, Lifebuoy, Pepsodent, Closeup, Pureit, Axe, Brooke Bond, Bru, Knorr, Kissan, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Kwality Wall's, Surf Excel, Rin, Wheel, and Fair and Lovely. The company's segments include Home Care, Beauty & Personal Care, Foods & Refreshments, and others. Geographically, it generates a majority of its revenue from India.

Hindustan Unilever Headlines

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