GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sahasra Electronic Solutions Ltd (NSE:SAHASRA) » Definitions » Asset Turnover

Sahasra Electronic Solutions (NSE:SAHASRA) Asset Turnover : 0.90 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Sahasra Electronic Solutions Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sahasra Electronic Solutions's Revenue for the six months ended in Mar. 2024 was ₹1,034 Mil. Sahasra Electronic Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₹1,145 Mil. Therefore, Sahasra Electronic Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.90.

Asset Turnover is linked to ROE % through Du Pont Formula. Sahasra Electronic Solutions's annualized ROE % for the quarter that ended in Mar. 2024 was 147.14%. It is also linked to ROA % through Du Pont Formula. Sahasra Electronic Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was 51.80%.


Sahasra Electronic Solutions Asset Turnover Historical Data

The historical data trend for Sahasra Electronic Solutions'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.

Sahasra Electronic Solutions Asset Turnover Chart

Sahasra Electronic Solutions Annual Data
Trend Mar22 Mar23 Mar24
Asset Turnover
0.99 0.30 0.90

Sahasra Electronic Solutions Semi-Annual Data
Mar22 Mar23 Mar24
Asset Turnover 0.99 0.30 0.90

Competitive Comparison of Sahasra Electronic Solutions's Asset Turnover

For the Semiconductors subindustry, Sahasra Electronic Solutions'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.


Sahasra Electronic Solutions's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sahasra Electronic Solutions's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sahasra Electronic Solutions's Asset Turnover falls into.


;
;

Sahasra Electronic Solutions Asset Turnover Calculation

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

Sahasra Electronic Solutions'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 )
=1034.155/( (482.023+1807.103)/ 2 )
=1034.155/1144.563
=0.90

Sahasra Electronic Solutions'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 )
=1034.155/( (482.023+1807.103)/ 2 )
=1034.155/1144.563
=0.90

* 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.


Sahasra Electronic Solutions  (NSE:SAHASRA) Asset Turnover Explanation

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

Sahasra Electronic Solutions's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=592.898/402.959
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(592.898 / 2068.31)*(2068.31 / 1144.563)*(1144.563/ 402.959)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.67 %*1.8071*2.8404
=ROA %*Equity Multiplier
=51.80 %*2.8404
=147.14 %

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:

Sahasra Electronic Solutions's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=592.898/1144.563
=(Net Income / Revenue)*(Revenue / Total Assets)
=(592.898 / 2068.31)*(2068.31 / 1144.563)
=Net Margin %*Asset Turnover
=28.67 %*1.8071
=51.80 %

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.


Sahasra Electronic Solutions Asset Turnover Related Terms

Thank you for viewing the detailed overview of Sahasra Electronic Solutions's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Sahasra Electronic Solutions Business Description

Traded in Other Exchanges
N/A
Address
Plot no. 68AA, Noida Special Economic Zone, Sector-82, Nepz Post Office, Gautam Buddha Nagar, Noida, UP, IND, 201305
Sahasra Electronic Solutions Ltd is engaged in providing solutions towards electronics system design and manufacturing (ESDM) services at its manufacturing plant. The company provides products and solutions right from the printed circuit board (PCB) assembly, Box Build, LED lighting, Memory, IT accessories, computer and IT hardware. The company generates the majority of its revenue from North America.

Sahasra Electronic Solutions Headlines

No Headlines