GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viceroy Hotels Ltd (NSE:VHLTD) » Definitions » Asset Turnover

Viceroy Hotels (NSE:VHLTD) Asset Turnover : 0.14 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Viceroy Hotels Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Viceroy Hotels's Revenue for the three months ended in Dec. 2024 was ₹378 Mil. Viceroy Hotels's Total Assets for the quarter that ended in Dec. 2024 was ₹2,627 Mil. Therefore, Viceroy Hotels's Asset Turnover for the quarter that ended in Dec. 2024 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Viceroy Hotels's annualized ROE % for the quarter that ended in Dec. 2024 was 16.17%. It is also linked to ROA % through Du Pont Formula. Viceroy Hotels's annualized ROA % for the quarter that ended in Dec. 2024 was 11.10%.


Viceroy Hotels Asset Turnover Historical Data

The historical data trend for Viceroy Hotels'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.

Viceroy Hotels Asset Turnover Chart

Viceroy Hotels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.08 0.13 0.31 0.39

Viceroy Hotels Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.10 0.10 0.12 0.14

Competitive Comparison of Viceroy Hotels's Asset Turnover

For the Lodging subindustry, Viceroy Hotels'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.


Viceroy Hotels's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Viceroy Hotels's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Viceroy Hotels's Asset Turnover falls into.


;
;

Viceroy Hotels Asset Turnover Calculation

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

Viceroy Hotels'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 )
=1309.744/( (3521.245+3270.174)/ 2 )
=1309.744/3395.7095
=0.39

Viceroy Hotels'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 )
=377.525/( (2626.687+0)/ 1 )
=377.525/2626.687
=0.14

* 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.


Viceroy Hotels  (NSE:VHLTD) Asset Turnover Explanation

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

Viceroy Hotels's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=291.484/1803.014
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(291.484 / 1510.1)*(1510.1 / 2626.687)*(2626.687/ 1803.014)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.3 %*0.5749*1.4568
=ROA %*Equity Multiplier
=11.10 %*1.4568
=16.17 %

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:

Viceroy Hotels's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=291.484/2626.687
=(Net Income / Revenue)*(Revenue / Total Assets)
=(291.484 / 1510.1)*(1510.1 / 2626.687)
=Net Margin %*Asset Turnover
=19.3 %*0.5749
=11.10 %

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.


Viceroy Hotels Asset Turnover Related Terms

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


Viceroy Hotels Business Description

Traded in Other Exchanges
Address
1-3-1036/3/1 Tank Bund Road, Gandhi Nagar, Hyderabad, TG, IND, 500080
Viceroy Hotels Ltd operates hotels and convention centers and provides related lodging facilities. The company has one operating segment, the Business of Hoteliers. Its hotel and restaurants comprise the Hotel Marriott, Hotel Courtyard Marriott, Minerva Coffee Shop, and Bluefox. The company also owns fine-dining restaurants and bars in Hyderabad and Vijayawada.

Viceroy Hotels Headlines

No Headlines