Maitreya Medicare (NSE:MAITREYA) Asset Turnover: 0.84 (As of Sep. 2023)


NSE:MAITREYA Maitreya Medicare Ltd NSE:MAITREYA
18 GF Score
Price ₹141.95
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What is Maitreya Medicare Asset Turnover?

Maitreya Medicare NSE:MAITREYA 18 Asset Turnover is 0.84 as of Sep. 2023. GuruFocus rates NSE:MAITREYA with a GF Score™ of 18/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Maitreya Medicare's Revenue for the six months ended in Sep. 2023 was ₹247.9 Mil. Maitreya Medicare's Total Assets for the quarter that ended in Sep. 2023 was ₹293.6 Mil. Therefore, Maitreya Medicare's Asset Turnover for the quarter that ended in Sep. 2023 was 0.84.

Asset Turnover is linked to ROE % through Du Pont Formula. Maitreya Medicare's annualized ROE % for the quarter that ended in Sep. 2023 was 32.47%. It is also linked to ROA % through Du Pont Formula. Maitreya Medicare's annualized ROA % for the quarter that ended in Sep. 2023 was 17.31%.

Maitreya Medicare  (NSE:MAITREYA) Asset Turnover Explanation

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

Maitreya Medicare's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=50.81/156.4915
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(50.81 / 495.872)*(495.872 / 293.61)*(293.61/ 156.4915)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.25 %*1.6889*1.8762
=ROA %*Equity Multiplier
=17.31 %*1.8762
=32.47 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (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:

Maitreya Medicare's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=50.81/293.61
=(Net Income / Revenue)*(Revenue / Total Assets)
=(50.81 / 495.872)*(495.872 / 293.61)
=Net Margin %*Asset Turnover
=10.25 %*1.6889
=17.31 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (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.

Maitreya Medicare Asset Turnover Related Terms

Maitreya Medicare Asset Turnover Historical Data

* Premium members only.

The historical data trend for Maitreya Medicare'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.

Maitreya Medicare Asset Turnover Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
Asset Turnover
2.24 1.99 1.52

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Asset Turnover 0.00 0.00 0.00 0.84

NSE:MAITREYA vs HCA, DVA, THC: Asset Turnover Comparison

For the Medical Care Facilities subindustry, Maitreya Medicare'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.

Maitreya Medicare Asset Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Maitreya Medicare's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Maitreya Medicare's Asset Turnover falls into.


NSE:MAITREYA
18GF Score
Maitreya Medicare Ltd NSE:MAITREYA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maitreya Medicare Asset Turnover Calculation

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

Maitreya Medicare'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 )
=393.8/( (244.879+274.989)/ 2 )
=393.8/259.934
=1.51

Maitreya Medicare'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 )
=247.936/( (274.989+312.231)/ 2 )
=247.936/293.61
=0.84

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.84 mean?
Maitreya Medicare (NSE:MAITREYA) has a Asset Turnover of 0.84 as of Sep. 2023. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Maitreya Medicare and its competitors.
Is Maitreya Medicare's Asset Turnover too high?
Maitreya Medicare's current Asset Turnover is 0.84. Overall, Maitreya Medicare has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Maitreya Medicare's Asset Turnover compare to HCA and DVA?
Maitreya Medicare's Asset Turnover of 0.84 can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Healthcare Providers & Services company?
A good Asset Turnover depends on the Healthcare Providers & Services industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Maitreya Medicare and its competitors. Maitreya Medicare's current Asset Turnover is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maitreya Medicare stock overvalued right now?
Maitreya Medicare (NSE:MAITREYA) has a current Asset Turnover of 0.84. The current Asset Turnover is 0.84. Maitreya Medicare's overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Maitreya Medicare (NSE:MAITREYA), the current Asset Turnover is 0.84 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Maitreya Medicare Business Description

Address Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.
18GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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