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Kalahridhaan Trendz (NSE:KTL) Asset Turnover : 0.00 (As of Sep. 2023)


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What is Kalahridhaan Trendz Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kalahridhaan Trendz's Revenue for the three months ended in Sep. 2023 was ₹0 Mil. Kalahridhaan Trendz's Total Assets for the quarter that ended in Sep. 2023 was ₹1,097 Mil. Therefore, Kalahridhaan Trendz's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Kalahridhaan Trendz's annualized ROE % for the quarter that ended in Sep. 2023 was 0.00%. It is also linked to ROA % through Du Pont Formula. Kalahridhaan Trendz's annualized ROA % for the quarter that ended in Sep. 2023 was 0.00%.


Kalahridhaan Trendz Asset Turnover Historical Data

The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Asset Turnover Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Asset Turnover
2.21 2.26 1.73

Kalahridhaan Trendz Quarterly Data
Mar21 Mar22 Mar23 Sep23
Asset Turnover - - - -

Competitive Comparison of Kalahridhaan Trendz's Asset Turnover

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.


Kalahridhaan Trendz's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Kalahridhaan Trendz's Asset Turnover falls into.



Kalahridhaan Trendz Asset Turnover Calculation

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

Kalahridhaan Trendz's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=1841.685/( (1029.794+1096.255)/ 2 )
=1841.685/1063.0245
=1.73

Kalahridhaan Trendz's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (1096.255+1097.93)/ 2 )
=0/1097.0925
=0.00

* 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.


Kalahridhaan Trendz  (NSE:KTL) Asset Turnover Explanation

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

Kalahridhaan Trendz's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=0/205.1585
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 1097.0925)*(1097.0925/ 205.1585)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*5.3475
=ROA %*Equity Multiplier
=0.00 %*5.3475
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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:

Kalahridhaan Trendz's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=0/1097.0925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 1097.0925)
=Net Margin %*Asset Turnover
= %*0
=0.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


Kalahridhaan Trendz Asset Turnover Related Terms

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Kalahridhaan Trendz (NSE:KTL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.

Kalahridhaan Trendz (NSE:KTL) Headlines

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