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Sula Vineyards (NSE:SULA) Asset Turnover : 0.20 (As of Dec. 2024)


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What is Sula Vineyards Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sula Vineyards's Revenue for the three months ended in Dec. 2024 was ₹2,002 Mil. Sula Vineyards's Total Assets for the quarter that ended in Dec. 2024 was ₹10,104 Mil. Therefore, Sula Vineyards's Asset Turnover for the quarter that ended in Dec. 2024 was 0.20.

Asset Turnover is linked to ROE % through Du Pont Formula. Sula Vineyards's annualized ROE % for the quarter that ended in Dec. 2024 was 20.66%. It is also linked to ROA % through Du Pont Formula. Sula Vineyards's annualized ROA % for the quarter that ended in Dec. 2024 was 11.11%.


Sula Vineyards Asset Turnover Historical Data

The historical data trend for Sula Vineyards'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.

Sula Vineyards Asset Turnover Chart

Sula Vineyards Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
0.55 0.45 0.56 0.57 0.54

Sula Vineyards Quarterly Data
Mar20 Mar21 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 0.23 0.07 0.12 0.13 0.20

Competitive Comparison of Sula Vineyards's Asset Turnover

For the Beverages - Wineries & Distilleries subindustry, Sula Vineyards'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.


Sula Vineyards's Asset Turnover Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sula Vineyards's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Sula Vineyards's Asset Turnover falls into.


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Sula Vineyards Asset Turnover Calculation

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

Sula Vineyards'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 )
=5178.6/( (8813.6+10263.5)/ 2 )
=5178.6/9538.55
=0.54

Sula Vineyards'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 )
=2001.5/( (10103.5+0)/ 1 )
=2001.5/10103.5
=0.20

* 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.


Sula Vineyards  (NSE:SULA) Asset Turnover Explanation

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

Sula Vineyards's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1122.4/5431.7
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1122.4 / 8006)*(8006 / 10103.5)*(10103.5/ 5431.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.02 %*0.7924*1.8601
=ROA %*Equity Multiplier
=11.11 %*1.8601
=20.66 %

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:

Sula Vineyards's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=1122.4/10103.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1122.4 / 8006)*(8006 / 10103.5)
=Net Margin %*Asset Turnover
=14.02 %*0.7924
=11.11 %

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.


Sula Vineyards Asset Turnover Related Terms

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Sula Vineyards Business Description

Traded in Other Exchanges
Address
N.S. Phadke Marg, 901, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400 069
Sula Vineyards Ltd is a producer and seller of wine. It distributes wines under a bouquet of popular brands including RASA, Dindori, The Source, Satori, Madera, and Dia. The company's business is broadly classified under two categories namely the production of wine, the import of wines and spirits, and the distribution of wines and spirits and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.

Sula Vineyards Headlines

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