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Prizor Viztech (NSE:PRIZOR) Asset Turnover : 2.15 (As of Mar. 2024)


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What is Prizor Viztech Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Prizor Viztech's Revenue for the six months ended in Mar. 2024 was ₹356.5 Mil. Prizor Viztech's Total Assets for the quarter that ended in Mar. 2024 was ₹166.2 Mil. Therefore, Prizor Viztech's Asset Turnover for the quarter that ended in Mar. 2024 was 2.15.

Asset Turnover is linked to ROE % through Du Pont Formula. Prizor Viztech's annualized ROE % for the quarter that ended in Mar. 2024 was 287.73%. It is also linked to ROA % through Du Pont Formula. Prizor Viztech's annualized ROA % for the quarter that ended in Mar. 2024 was 67.07%.


Prizor Viztech Asset Turnover Historical Data

The historical data trend for Prizor Viztech'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.

Prizor Viztech Asset Turnover Chart

Prizor Viztech Annual Data
Trend Mar22 Mar23 Mar24
Asset Turnover
1.61 1.97 2.15

Prizor Viztech Semi-Annual Data
Mar22 Mar23 Mar24
Asset Turnover 1.61 1.97 2.15

Competitive Comparison of Prizor Viztech's Asset Turnover

For the Building Products & Equipment subindustry, Prizor Viztech'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.


Prizor Viztech's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Prizor Viztech's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Prizor Viztech's Asset Turnover falls into.



Prizor Viztech Asset Turnover Calculation

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

Prizor Viztech'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 )
=356.541/( (86.284+246.18)/ 2 )
=356.541/166.232
=2.14

Prizor Viztech's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=356.541/( (86.284+246.18)/ 2 )
=356.541/166.232
=2.14

* 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.


Prizor Viztech  (NSE:PRIZOR) Asset Turnover Explanation

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

Prizor Viztech's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=111.488/38.748
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(111.488 / 713.082)*(713.082 / 166.232)*(166.232/ 38.748)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.63 %*4.2897*4.2901
=ROA %*Equity Multiplier
=67.07 %*4.2901
=287.73 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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:

Prizor Viztech's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=111.488/166.232
=(Net Income / Revenue)*(Revenue / Total Assets)
=(111.488 / 713.082)*(713.082 / 166.232)
=Net Margin %*Asset Turnover
=15.63 %*4.2897
=67.07 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Prizor Viztech Asset Turnover Related Terms

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Prizor Viztech Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
514, Maple Trade Centre, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380054
Prizor Viztech Ltd is engaged in the business of providing security and surveillance solutions by offering comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others. It also provide services including video management software which provides surveillance feature to customers in a single monitor and location. The company's product portfolio is mainly segregated into two parts, namely Security and Surveillance Solutions (network cameras & high-definition analog cameras, network video recorders, digital video recorders); and LED televisions, Monitors & Touch Panels.

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