Rapid Fleet Management Services (NSE:RAPIDFLEET) Asset Turnover: 0.79 (As of Mar. 2025)


NSE:RAPIDFLEET Rapid Fleet Management Services Ltd NSE:RAPIDFLEET
18 GF Score
Price ₹183.90
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What is Rapid Fleet Management Services Asset Turnover?

Rapid Fleet Management Services NSE:RAPIDFLEET 18 Asset Turnover is 0.79 as of Mar. 2025. GuruFocus rates NSE:RAPIDFLEET with a GF Score™ of 18/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Rapid Fleet Management Services's Revenue for the six months ended in Mar. 2025 was ₹874 Mil. Rapid Fleet Management Services's Total Assets for the quarter that ended in Mar. 2025 was ₹1,103 Mil. Therefore, Rapid Fleet Management Services's Asset Turnover for the quarter that ended in Mar. 2025 was 0.79.

Asset Turnover is linked to ROE % through Du Pont Formula. Rapid Fleet Management Services's annualized ROE % for the quarter that ended in Mar. 2025 was 13.33%. It is also linked to ROA % through Du Pont Formula. Rapid Fleet Management Services's annualized ROA % for the quarter that ended in Mar. 2025 was 5.92%.


Rapid Fleet Management Services  (NSE:RAPIDFLEET) Asset Turnover Explanation

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

Rapid Fleet Management Services's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=65.326/490.1455
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(65.326 / 1748.286)*(1748.286 / 1103.041)*(1103.041/ 490.1455)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.74 %*1.585*2.2504
=ROA %*Equity Multiplier
=5.92 %*2.2504
=13.33 %

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:

Rapid Fleet Management Services's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=65.326/1103.041
=(Net Income / Revenue)*(Revenue / Total Assets)
=(65.326 / 1748.286)*(1748.286 / 1103.041)
=Net Margin %*Asset Turnover
=3.74 %*1.585
=5.92 %

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.


Rapid Fleet Management Services Asset Turnover Related Terms


Rapid Fleet Management Services Asset Turnover Historical Data

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The historical data trend for Rapid Fleet Management Services'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.

Rapid Fleet Management Services Asset Turnover Chart

Rapid Fleet Management Services Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Asset Turnover
1.51 1.43 1.62 1.82

Rapid Fleet Management Services Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25
Asset Turnover 0.00 0.00 0.00 0.99 0.79

NSE:RAPIDFLEET vs ODFL, XPO, SAIA: Asset Turnover Comparison

For the Trucking subindustry, Rapid Fleet Management Services'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.


Rapid Fleet Management Services Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Rapid Fleet Management Services's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Rapid Fleet Management Services's Asset Turnover falls into.


NSE:RAPIDFLEET
18GF Score
Rapid Fleet Management Services Ltd NSE:RAPIDFLEET
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Rapid Fleet Management Services Asset Turnover Calculation

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

Rapid Fleet Management Services's Asset Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2025 )/( (Total Assets (A: Mar. 2024 )+Total Assets (A: Mar. 2025 ))/ count )
=1724.398/( (706.615+1193.092)/ 2 )
=1724.398/949.8535
=1.82

Rapid Fleet Management Services's Asset Turnover for the quarter that ended in Mar. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=874.143/( (1012.99+1193.092)/ 2 )
=874.143/1103.041
=0.79

* 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 0.79 mean?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a Asset Turnover of 0.79 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Rapid Fleet Management Services and its competitors.
Is Rapid Fleet Management Services' Asset Turnover too high?
Rapid Fleet Management Services' current Asset Turnover is 0.79. Overall, Rapid Fleet Management Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rapid Fleet Management Services' Asset Turnover compare to ODFL and XPO?
Rapid Fleet Management Services' Asset Turnover of 0.79 can be compared against companies in the Transportation 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 Transportation company?
A good Asset Turnover depends on the Transportation 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 Rapid Fleet Management Services and its competitors. Rapid Fleet Management Services's current Asset Turnover is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rapid Fleet Management Services stock overvalued right now?
Rapid Fleet Management Services (NSE:RAPIDFLEET) has a current Asset Turnover of 0.79. The current Asset Turnover is 0.79. Rapid Fleet Management Services' overall GF Score™ is 18/100. 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 Rapid Fleet Management Services (NSE:RAPIDFLEET), the current Asset Turnover is 0.79 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.

Rapid Fleet Management Services Business Description

Address Coral Merchant Street, Kanaga Saraswathi Towers NO: 5/9, 2nd Floor, Chennai, TN, IND, 600 001
Rapid Fleet Management Services Ltd is a Chennai based company engaged in the business of providing logistics services tailored to the diverse needs of its B2B and B2C clientele. The company is engaged in road transportation. Its process begins with order booking, followed by route planning to optimize efficiency. The company own a fleet of trucks, it own approximately 226 Vehicles, which is been used by the company to provide logistics services. It serves a wide array of industries, including but not limited to Tyre, Logistics, Electronics, FMCG, Renewable, Durables, FNB, Chemicals.
18GF Score

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