Siddhi Cotspin (NSE:SIDDHICOTS) Asset Turnover: 3.98 (As of Mar. 2025)

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NSE:SIDDHICOTS Siddhi Cotspin Ltd NSE:SIDDHICOTS
20 GF Score
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What is Siddhi Cotspin Asset Turnover?

Siddhi Cotspin NSE:SIDDHICOTS 20 Asset Turnover is 3.98 as of Mar. 2025. GuruFocus rates NSE:SIDDHICOTS with a GF Score™ of 20/100.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Siddhi Cotspin's Revenue for the six months ended in Mar. 2025 was ₹7,245 Mil. Siddhi Cotspin's Total Assets for the quarter that ended in Mar. 2025 was ₹1,820 Mil. Therefore, Siddhi Cotspin's Asset Turnover for the quarter that ended in Mar. 2025 was 3.98.

Asset Turnover is linked to ROE % through Du Pont Formula. Siddhi Cotspin's annualized ROE % for the quarter that ended in Mar. 2025 was 35.89%. It is also linked to ROA % through Du Pont Formula. Siddhi Cotspin's annualized ROA % for the quarter that ended in Mar. 2025 was 14.37%.


Siddhi Cotspin  (NSE:SIDDHICOTS) Asset Turnover Explanation

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

Siddhi Cotspin's annulized ROE % for the quarter that ended in Mar. 2025 is

ROE %**(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=261.682/729.0265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(261.682 / 14490.89)*(14490.89 / 1820.421)*(1820.421/ 729.0265)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.81 %*7.9602*2.4971
=ROA %*Equity Multiplier
=14.37 %*2.4971
=35.89 %

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:

Siddhi Cotspin's annulized ROA % for the quarter that ended in Mar. 2025 is

ROA %(Q: Mar. 2025 )
=Net Income/Total Assets
=261.682/1820.421
=(Net Income / Revenue)*(Revenue / Total Assets)
=(261.682 / 14490.89)*(14490.89 / 1820.421)
=Net Margin %*Asset Turnover
=1.81 %*7.9602
=14.37 %

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.


Siddhi Cotspin Asset Turnover Related Terms


Siddhi Cotspin Asset Turnover Historical Data

* Premium members only.

The historical data trend for Siddhi Cotspin'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.

Siddhi Cotspin Asset Turnover Chart

Siddhi Cotspin Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover
0.75 2.10 1.04 3.18 3.98

Siddhi Cotspin Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Asset Turnover 0.75 2.10 1.04 3.18 3.98

Siddhi Cotspin Asset Turnover Competitor Comparison

For the Textile Manufacturing subindustry, Siddhi Cotspin'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.


Siddhi Cotspin Asset Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Siddhi Cotspin's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Siddhi Cotspin's Asset Turnover falls into.


NSE:SIDDHICOTS
20GF Score
Siddhi Cotspin Ltd NSE:SIDDHICOTS
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Siddhi Cotspin Asset Turnover Calculation

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

Siddhi Cotspin'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 )
=7245.445/( (1812.538+1828.304)/ 2 )
=7245.445/1820.421
=3.98

Siddhi Cotspin'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: Mar. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=7245.445/( (1812.538+1828.304)/ 2 )
=7245.445/1820.421
=3.98

* 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 3.98 mean?
Siddhi Cotspin (NSE:SIDDHICOTS) has a Asset Turnover of 3.98 as of Mar. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Siddhi Cotspin and its competitors.
Is Siddhi Cotspin's Asset Turnover too high?
Siddhi Cotspin's current Asset Turnover is 3.98. Overall, Siddhi Cotspin has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Siddhi Cotspin's Asset Turnover compare to competitors?
Siddhi Cotspin's Asset Turnover of 3.98 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Asset Turnover depends on the Manufacturing - Apparel & Accessories 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 Siddhi Cotspin and its competitors. Siddhi Cotspin's current Asset Turnover is 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siddhi Cotspin stock overvalued right now?
Siddhi Cotspin (NSE:SIDDHICOTS) has a current Asset Turnover of 3.98. The current Asset Turnover is 3.98. Siddhi Cotspin's overall GF Score™ is 20/100. 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 Siddhi Cotspin (NSE:SIDDHICOTS), the current Asset Turnover is 3.98 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.

Siddhi Cotspin Business Description

Address Near Gokulesh Petrol Pump, 322, 3rd Floor, Swaminarayan Plaza - 1, Narol, Ahmedabad, GJ, IND, 382405
Siddhi Cotspin Ltd is engaged in manufacturing and selling of Cotton Yarns. Its manufacturing process adheres to stringent quality standards and is backed by developed technology and machinery. The company manufactures various value added cotton yarns like Compact Carded Hosiery, Compact Combed Hosiery, Compact Carded Weaving, Compact Comb Weaving, Carded Weaving, Combed Weaving, Carded Hosiery, Combed Hosiery, Eli KW, Eli CW, Slub Yarn, Siro Slub Yarn, CSY-Lycra-Core Spin Yarn (Spandex), TFO Yarn - Double etc.
20GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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