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Mos Utility (NSE:MOS) Asset Turnover : 1.26 (As of Sep. 2022)


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What is Mos Utility Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Mos Utility's Revenue for the six months ended in Sep. 2022 was ₹533.0 Mil. Mos Utility's Total Assets for the quarter that ended in Sep. 2022 was ₹424.2 Mil. Therefore, Mos Utility's Asset Turnover for the quarter that ended in Sep. 2022 was 1.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Mos Utility's annualized ROE % for the quarter that ended in Sep. 2022 was 28.12%. It is also linked to ROA % through Du Pont Formula. Mos Utility's annualized ROA % for the quarter that ended in Sep. 2022 was 9.23%.


Mos Utility Asset Turnover Historical Data

The historical data trend for Mos Utility'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.

Mos Utility Asset Turnover Chart

Mos Utility Annual Data
Trend Mar20 Mar21 Mar22
Asset Turnover
3.51 2.72 2.59

Mos Utility Semi-Annual Data
Mar20 Mar21 Mar22 Sep22
Asset Turnover - - - 1.26

Competitive Comparison of Mos Utility's Asset Turnover

For the Specialty Business Services subindustry, Mos Utility'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.


Mos Utility's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mos Utility's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Mos Utility's Asset Turnover falls into.



Mos Utility Asset Turnover Calculation

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

Mos Utility's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=773.401/( (245.902+351.348)/ 2 )
=773.401/298.625
=2.59

Mos Utility's Asset Turnover for the quarter that ended in Sep. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=533.022/( (351.348+497.094)/ 2 )
=533.022/424.221
=1.26

* 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.


Mos Utility  (NSE:MOS) Asset Turnover Explanation

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

Mos Utility's annulized ROE % for the quarter that ended in Sep. 2022 is

ROE %**(Q: Sep. 2022 )
=Net Income/Total Stockholders Equity
=39.168/139.271
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39.168 / 1066.044)*(1066.044 / 424.221)*(424.221/ 139.271)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.67 %*2.5129*3.046
=ROA %*Equity Multiplier
=9.23 %*3.046
=28.12 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) net income data. The Revenue data used here is two times the semi-annual (Sep. 2022) 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:

Mos Utility's annulized ROA % for the quarter that ended in Sep. 2022 is

ROA %(Q: Sep. 2022 )
=Net Income/Total Assets
=39.168/424.221
=(Net Income / Revenue)*(Revenue / Total Assets)
=(39.168 / 1066.044)*(1066.044 / 424.221)
=Net Margin %*Asset Turnover
=3.67 %*2.5129
=9.23 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) net income data. The Revenue data used here is two times the semi-annual (Sep. 2022) 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.


Mos Utility Asset Turnover Related Terms

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Mos Utility Business Description

Traded in Other Exchanges
N/A
Address
Atul First Avenue, Mulund Link Road, 12th Floor, Above Kia Motors Showroom, Goregaon, Malad West, Mumbai, MH, IND, 400064
Mos Utility Ltd provides digital products and services in the B2C, B2B, and financial technology fields through an integrated business model. The company provides business opportunities for shopkeepers, retailers, students, housewives, professionals, and insurance agents to start their own online e-commerce business to promote the government's Vocal for Local campaign. The company recognises revenue from sale of Adhar Enabled Payment System and Micro ATM devices. MOS has seven primary business segments, namely: banking, travel, insurance, utility services, entertainment services, franchisee, and other services.

Mos Utility Headlines

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