Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Travel Food Services's Revenue for the
three
months ended in Mar. 2026 was ₹4,607 Mil. Travel Food Services's Total Assets for the quarter that ended in Mar. 2026 was ₹22,798 Mil. Therefore, Travel Food Services's Asset Turnover for the quarter that ended in Mar. 2026 was 0.20.
Asset Turnover is linked to ROE % through Du Pont Formula. Travel Food Services's annualizedROE % for the quarter that ended in Mar. 2026 was 33.49%. It is also linked to ROA % through Du Pont Formula. Travel Food Services's annualizedROA % for the quarter that ended in Mar. 2026 was 21.19%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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:
Travel Food Services's annulizedROA % for the quarter that ended in Mar. 2026 is
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) 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.
Travel Food Services Asset Turnover Related Terms
Travel Food Services Asset Turnover Historical Data
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The historical data trend for Travel Food 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.
NSE:TRAVELFOOD vs MCD, SBUX, YUM: Asset Turnover Comparison
For the Restaurants subindustry, Travel Food 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.
Travel Food Services Asset Turnover vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Travel Food Services's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Travel Food Services's Asset Turnover falls into.
* 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.
Travel Food Services (NSE:TRAVELFOOD) has a Asset Turnover of 0.20 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Travel Food Services and its competitors.
Is Travel Food Services' Asset Turnover too high?
Travel Food Services' current Asset Turnover is 0.20. Overall, Travel Food Services has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Travel Food Services' Asset Turnover compare to MCD and SBUX?
Travel Food Services' Asset Turnover of 0.20 can be compared against companies in the Restaurants 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 Restaurants company?
A good Asset Turnover depends on the Restaurants 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 Travel Food Services and its competitors. Travel Food Services's current Asset Turnover is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel Food Services stock overvalued right now?
Travel Food Services (NSE:TRAVELFOOD) has a current Asset Turnover of 0.20. The current Asset Turnover is 0.20. Travel Food Services' overall GF Score™ is 32/100 with 2 warning signs to review. 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 Travel Food Services (NSE:TRAVELFOOD), the current Asset Turnover is 0.20 as of Mar. 2026. 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.
Travel Food Services Ltd is a player in the fast-growing Indian airport travel quick service restaurant (Travel QSR) and lounge sector. Its Travel QSR business comprises a range of curated food and beverage (F&B) concepts across cuisines, brands and formats, which have been adapted to cater to customers' demands for speed and convenience within travel environments. Its Lounge business comprises designated areas within airport terminals, accessible by first and business class passengers, members of airline loyalty programmes, select credit card and debit card holders and members of other loyalty programmes. The company had approximately had 37 Lounges across India, Malaysia and Hong Kong.
32GF Score
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