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Lloyds Luxuries (NSE:LLOYDS) Asset Turnover : 0.30 (As of Sep. 2024)


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What is Lloyds Luxuries Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lloyds Luxuries's Revenue for the six months ended in Sep. 2024 was ₹219.6 Mil. Lloyds Luxuries's Total Assets for the quarter that ended in Sep. 2024 was ₹733.3 Mil. Therefore, Lloyds Luxuries's Asset Turnover for the quarter that ended in Sep. 2024 was 0.30.

Asset Turnover is linked to ROE % through Du Pont Formula. Lloyds Luxuries's annualized ROE % for the quarter that ended in Sep. 2024 was -5.30%. It is also linked to ROA % through Du Pont Formula. Lloyds Luxuries's annualized ROA % for the quarter that ended in Sep. 2024 was -4.84%.


Lloyds Luxuries Asset Turnover Historical Data

The historical data trend for Lloyds Luxuries'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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Lloyds Luxuries Asset Turnover Chart

Lloyds Luxuries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
1.07 0.71 0.46 0.49 0.56

Lloyds Luxuries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Asset Turnover Get a 7-Day Free Trial 0.24 0.24 0.24 0.30 0.30

Competitive Comparison of Lloyds Luxuries's Asset Turnover

For the Personal Services subindustry, Lloyds Luxuries'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.


Lloyds Luxuries's Asset Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Lloyds Luxuries's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lloyds Luxuries's Asset Turnover falls into.



Lloyds Luxuries Asset Turnover Calculation

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

Lloyds Luxuries'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 )
=403.194/( (752.568+681.859)/ 2 )
=403.194/717.2135
=0.56

Lloyds Luxuries'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: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=219.583/( (681.859+784.809)/ 2 )
=219.583/733.334
=0.30

* 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.


Lloyds Luxuries  (NSE:LLOYDS) Asset Turnover Explanation

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

Lloyds Luxuries's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-35.472/669.196
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-35.472 / 439.166)*(439.166 / 733.334)*(733.334/ 669.196)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.08 %*0.5989*1.0958
=ROA %*Equity Multiplier
=-4.84 %*1.0958
=-5.30 %

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

Lloyds Luxuries's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-35.472/733.334
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-35.472 / 439.166)*(439.166 / 733.334)
=Net Margin %*Asset Turnover
=-8.08 %*0.5989
=-4.84 %

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


Lloyds Luxuries Asset Turnover Related Terms

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Lloyds Luxuries Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, Delisle Road, B2, Unit No. 3, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013
Lloyds Luxuries Ltd is an organized player of salon services and beauty products in India, focused on sale & services of men's and women's groom care products. The company owns an exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.

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