Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Medistep Healthcare's Revenue for the
six
months ended in Mar. 2025 was ₹496.5 Mil. Medistep Healthcare's Total Assets for the quarter that ended in Mar. 2025 was ₹189.7 Mil. Therefore, Medistep Healthcare's Asset Turnover for the quarter that ended in Mar. 2025 was 2.62.
Asset Turnover is linked to ROE % through Du Pont Formula. Medistep Healthcare's annualizedROE % for the quarter that ended in Mar. 2025 was 58.11%. It is also linked to ROA % through Du Pont Formula. Medistep Healthcare's annualizedROA % for the quarter that ended in Mar. 2025 was 43.69%.
Note:
The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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:
Medistep Healthcare's annulizedROA % for the quarter that ended in Mar. 2025 is
Note:
The Net Income data used here is two times the semi-annual (Mar. 2025) net income data. The Revenue data used here is two times the semi-annual (Mar. 2025) 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.
Medistep Healthcare Asset Turnover Related Terms
Medistep Healthcare Asset Turnover Historical Data
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The historical data trend for Medistep Healthcare'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.
Medistep Healthcare Asset Turnover Chart
Medistep Healthcare Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Asset Turnover
1.07
2.54
2.64
2.62
Medistep Healthcare Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Asset Turnover
1.07
2.54
2.64
2.62
NSE:MEDISTEP vs MCK, CAH, COR: Asset Turnover Comparison
For the Medical Distribution subindustry, Medistep Healthcare'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.
Medistep Healthcare Asset Turnover vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Medistep Healthcare's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Medistep Healthcare's Asset Turnover falls into.
* 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.
Medistep Healthcare (NSE:MEDISTEP) has a Asset Turnover of 2.62 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Medistep Healthcare and its competitors.
Is Medistep Healthcare's Asset Turnover too high?
Medistep Healthcare's current Asset Turnover is 2.62. Overall, Medistep Healthcare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Medistep Healthcare's Asset Turnover compare to MCK and CAH?
Medistep Healthcare's Asset Turnover of 2.62 can be compared against companies in the Medical Distribution 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 Medical Distribution company?
A good Asset Turnover depends on the Medical Distribution 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 Medistep Healthcare and its competitors. Medistep Healthcare's current Asset Turnover is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medistep Healthcare stock overvalued right now?
Medistep Healthcare (NSE:MEDISTEP) has a current Asset Turnover of 2.62. The current Asset Turnover is 2.62. Medistep Healthcare's overall GF Score™ is 19/100 with 2 warning signs to review. 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 Medistep Healthcare (NSE:MEDISTEP), the current Asset Turnover is 2.62 as of Mar. 2025. 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.
Medistep Healthcare Ltd operates in the pharmaceutical and healthcare product sectors. Its business includes manufacturing intimate care and hygiene products such as sanitary pads, as well as nutraceutical products like energy powders. The company also trades a variety of pharmaceutical, surgical, and medical equipment products. Medistep Healthcare's operations focus mainly on the western region of India, particularly in Gujarat. Its Core business activity is divided into the following categories: a) Trading of Pharmaceutical & Surgical products, b) Trading & Manufacturing of Nutraceuticals and Intimate care & hygiene products. The company generates the majority of its revenue from Trading and distribution.
19GF Score
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