Credo Brands Marketing (NSE:MUFTI) Asset Turnover: 0.20 (As of Mar. 2026)

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NSE:MUFTI Credo Brands Marketing Ltd NSE:MUFTI
39 GF Score
Price ₹84.98
! 4 Warning Signs
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What is Credo Brands Marketing Asset Turnover?

Credo Brands Marketing NSE:MUFTI +0.41% 39 Asset Turnover is 0.20 as of Mar. 2026. GuruFocus rates NSE:MUFTI with a GF Score™ of 39/100. The stock has 4 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Credo Brands Marketing's Revenue for the three months ended in Mar. 2026 was ₹1,623 Mil. Credo Brands Marketing's Total Assets for the quarter that ended in Mar. 2026 was ₹8,019 Mil. Therefore, Credo Brands Marketing's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Credo Brands Marketing's annualized ROE % for the quarter that ended in Mar. 2026 was 13.89%. It is also linked to ROA % through Du Pont Formula. Credo Brands Marketing's annualized ROA % for the quarter that ended in Mar. 2026 was 7.60%.


Credo Brands Marketing  (NSE:MUFTI) Asset Turnover Explanation

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

Credo Brands Marketing's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=609.2/4386
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(609.2 / 6492.16)*(6492.16 / 8019.34)*(8019.34/ 4386)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.38 %*0.8096*1.8284
=ROA %*Equity Multiplier
=7.60 %*1.8284
=13.89 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:

Credo Brands Marketing's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=609.2/8019.34
=(Net Income / Revenue)*(Revenue / Total Assets)
=(609.2 / 6492.16)*(6492.16 / 8019.34)
=Net Margin %*Asset Turnover
=9.38 %*0.8096
=7.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.


Credo Brands Marketing Asset Turnover Related Terms


Credo Brands Marketing Asset Turnover Historical Data

* Premium members only.

The historical data trend for Credo Brands Marketing'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.

Credo Brands Marketing Asset Turnover Chart

Credo Brands Marketing Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial 0.76 0.95 0.88 0.84 0.75

Credo Brands Marketing Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.16 0.21 0.19 0.20

NSE:MUFTI vs TJX, ROST, BURL: Asset Turnover Comparison

For the Apparel Retail subindustry, Credo Brands Marketing'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.


Credo Brands Marketing Asset Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Credo Brands Marketing's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Credo Brands Marketing's Asset Turnover falls into.


NSE:MUFTI
39GF Score
Credo Brands Marketing Ltd NSE:MUFTI
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Credo Brands Marketing Asset Turnover Calculation

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

Credo Brands Marketing's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=5921.03/( (7692.2+8019.34)/ 2 )
=5921.03/7855.77
=0.75

Credo Brands Marketing's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1623.04/( (0+8019.34)/ 1 )
=1623.04/8019.34
=0.20

* 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 0.20 mean?
Credo Brands Marketing (NSE:MUFTI) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Credo Brands Marketing and its competitors.
Is Credo Brands Marketing's Asset Turnover too high?
Credo Brands Marketing's current Asset Turnover is 0.20. Overall, Credo Brands Marketing has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Credo Brands Marketing's Asset Turnover compare to TJX and ROST?
Credo Brands Marketing's Asset Turnover of 0.20 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Asset Turnover depends on the Retail - Cyclical 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 Credo Brands Marketing and its competitors. Credo Brands Marketing's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Brands Marketing stock overvalued right now?
Credo Brands Marketing (NSE:MUFTI) has a current Asset Turnover of 0.20. The current Asset Turnover is 0.20. Credo Brands Marketing's overall GF Score™ is 39/100 with 4 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 Credo Brands Marketing (NSE:MUFTI), the current Asset Turnover is 0.20 as of Mar. 2026. 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.

Credo Brands Marketing Business Description

Other Exchanges 544058:India
Address B-8, MIDC Central Road, Marol, Next to MIDC Police Station, Andheri East, Mumbai, MH, IND, 400093
Credo Brands Marketing Ltd is a homegrown brand in the mid-premium and premium men's casual wear market in India. The product offerings range from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The company is principally engaged in the business of retailing of Men's casual wear under its Brand MUFTI. The company generates the majority of its revenue from the sale of its products.
39GF Score

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