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Inspire Films (NSE:INSPIRE) Asset Turnover : 0.69 (As of Mar. 2024)


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What is Inspire Films Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Inspire Films's Revenue for the six months ended in Mar. 2024 was ₹303.7 Mil. Inspire Films's Total Assets for the quarter that ended in Mar. 2024 was ₹438.4 Mil. Therefore, Inspire Films's Asset Turnover for the quarter that ended in Mar. 2024 was 0.69.

Asset Turnover is linked to ROE % through Du Pont Formula. Inspire Films's annualized ROE % for the quarter that ended in Mar. 2024 was 21.94%. It is also linked to ROA % through Du Pont Formula. Inspire Films's annualized ROA % for the quarter that ended in Mar. 2024 was 11.71%.


Inspire Films Asset Turnover Historical Data

The historical data trend for Inspire Films'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.

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Inspire Films Asset Turnover Chart

Inspire Films Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Asset Turnover
0.68 1.29 1.35 0.69

Inspire Films Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Asset Turnover 0.68 1.29 1.35 0.69

Competitive Comparison of Inspire Films's Asset Turnover

For the Broadcasting subindustry, Inspire Films'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.


Inspire Films's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Inspire Films's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Inspire Films's Asset Turnover falls into.


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Inspire Films Asset Turnover Calculation

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

Inspire Films'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 )
=303.682/( (415.988+460.791)/ 2 )
=303.682/438.3895
=0.69

Inspire Films's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=303.682/( (415.988+460.791)/ 2 )
=303.682/438.3895
=0.69

* 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.


Inspire Films  (NSE:INSPIRE) Asset Turnover Explanation

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

Inspire Films's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=51.354/234.03
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.354 / 607.364)*(607.364 / 438.3895)*(438.3895/ 234.03)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.46 %*1.3854*1.8732
=ROA %*Equity Multiplier
=11.71 %*1.8732
=21.94 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

Inspire Films's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=51.354/438.3895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.354 / 607.364)*(607.364 / 438.3895)
=Net Margin %*Asset Turnover
=8.46 %*1.3854
=11.71 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Inspire Films Asset Turnover Related Terms

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Inspire Films Business Description

Traded in Other Exchanges
N/A
Address
111, 1st Floor, Shree Kamdhenu Estate, Chincholi Off Link Road, Bhd Tangent Showroom, Charkop, Malad, Mumbai, MH, IND, 400064
Inspire Films Ltd is a company is engaged into the business of creation, production, distribution, and exhibition of television and digital content of various genres for Television and OTT Channels, apps and digital platforms as well as content writing, production and sale, purchase of rights. It includes financing the projects, hiring actors and crew members, scouting locations, creating sets, managing the budgets, and overseeing the entire production and post-production process.

Inspire Films Headlines

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