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Optiemus Infracom (NSE:OPTIEMUS) Asset Turnover : 0.34 (As of Dec. 2024)


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What is Optiemus Infracom Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Optiemus Infracom's Revenue for the three months ended in Dec. 2024 was ₹4,715 Mil. Optiemus Infracom's Total Assets for the quarter that ended in Dec. 2024 was ₹14,070 Mil. Therefore, Optiemus Infracom's Asset Turnover for the quarter that ended in Dec. 2024 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Optiemus Infracom's annualized ROE % for the quarter that ended in Dec. 2024 was 13.26%. It is also linked to ROA % through Du Pont Formula. Optiemus Infracom's annualized ROA % for the quarter that ended in Dec. 2024 was 4.26%.


Optiemus Infracom Asset Turnover Historical Data

The historical data trend for Optiemus Infracom'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.

Optiemus Infracom Asset Turnover Chart

Optiemus Infracom Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.34 0.88 1.55 1.31

Optiemus Infracom Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.33 0.37 0.34 0.34

Competitive Comparison of Optiemus Infracom's Asset Turnover

For the Electronics & Computer Distribution subindustry, Optiemus Infracom'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.


Optiemus Infracom's Asset Turnover Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Optiemus Infracom's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Optiemus Infracom's Asset Turnover falls into.


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Optiemus Infracom Asset Turnover Calculation

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

Optiemus Infracom'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 )
=14767.327/( (9113.472+13477.042)/ 2 )
=14767.327/11295.257
=1.31

Optiemus Infracom's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=4715.032/( (14070.439+0)/ 1 )
=4715.032/14070.439
=0.34

* 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.


Optiemus Infracom  (NSE:OPTIEMUS) Asset Turnover Explanation

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

Optiemus Infracom's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=600.104/4525.054
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(600.104 / 18860.128)*(18860.128 / 14070.439)*(14070.439/ 4525.054)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.18 %*1.3404*3.1095
=ROA %*Equity Multiplier
=4.26 %*3.1095
=13.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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:

Optiemus Infracom's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=600.104/14070.439
=(Net Income / Revenue)*(Revenue / Total Assets)
=(600.104 / 18860.128)*(18860.128 / 14070.439)
=Net Margin %*Asset Turnover
=3.18 %*1.3404
=4.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Optiemus Infracom Asset Turnover Related Terms

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Optiemus Infracom Business Description

Traded in Other Exchanges
Address
D-348, Sector-63, Noida, UP, IND, 201307
Optiemus Infracom Ltd is engaged in the business of trading and manufacturing mobile handsets and mobile accessories, where manufacturing is predominantly restricted for third-party brands. The company operates through two segments which include Trading of goods and Manufacturing Business. The majority of the company's revenue is generated from its Manufacturing business segment which generates revenue from manufacturing telecommunication and allied products, and electronic products for brands like Oppo, Micromax, HTC, and others. Geographically, the company caters to both domestic and international markets.

Optiemus Infracom Headlines

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