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Vallianz Holdings (SGX:WPC) Asset Turnover : 0.40 (As of Sep. 2023)


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What is Vallianz Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vallianz Holdings's Revenue for the six months ended in Sep. 2023 was S$161.9 Mil. Vallianz Holdings's Total Assets for the quarter that ended in Sep. 2023 was S$406.9 Mil. Therefore, Vallianz Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.40.

Asset Turnover is linked to ROE % through Du Pont Formula. Vallianz Holdings's annualized ROE % for the quarter that ended in Sep. 2023 was -17.86%. It is also linked to ROA % through Du Pont Formula. Vallianz Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -1.56%.


Vallianz Holdings Asset Turnover Historical Data

The historical data trend for Vallianz Holdings'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.

Vallianz Holdings Asset Turnover Chart

Vallianz Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.32 0.25 0.13 0.24

Vallianz Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.08 0.15 0.23 0.35 0.40

Competitive Comparison of Vallianz Holdings's Asset Turnover

For the Marine Shipping subindustry, Vallianz Holdings'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.


Vallianz Holdings's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vallianz Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vallianz Holdings's Asset Turnover falls into.


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Vallianz Holdings Asset Turnover Calculation

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

Vallianz Holdings's Asset Turnover for the fiscal year that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=87.148/( (405.132+326.976)/ 2 )
=87.148/366.054
=0.24

Vallianz Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=161.879/( (358.891+454.91)/ 2 )
=161.879/406.9005
=0.40

* 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.


Vallianz Holdings  (SGX:WPC) Asset Turnover Explanation

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

Vallianz Holdings's annulized ROE % for the quarter that ended in Sep. 2023 is

ROE %**(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=-6.344/35.513
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.344 / 323.758)*(323.758 / 406.9005)*(406.9005/ 35.513)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.96 %*0.7957*11.4578
=ROA %*Equity Multiplier
=-1.56 %*11.4578
=-17.86 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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:

Vallianz Holdings's annulized ROA % for the quarter that ended in Sep. 2023 is

ROA %(Q: Sep. 2023 )
=Net Income/Total Assets
=-6.344/406.9005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.344 / 323.758)*(323.758 / 406.9005)
=Net Margin %*Asset Turnover
=-1.96 %*0.7957
=-1.56 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 2023) 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.


Vallianz Holdings Asset Turnover Related Terms

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Vallianz Holdings Business Description

Traded in Other Exchanges
N/A
Address
1 Harbourfront Avenue, No.06-08 Keppel Bay Tower, Singapore, SGP, 098632
Vallianz Holdings Ltd along with its subsidiaries provides offshore support vessels and integrated offshore marine solutions to the oil and gas industry. The company serves oil companies and focuses on supporting customers' offshore oil and gas services and production operations. The group has three segments namely the Vessel chartering and brokerage which includes chartering of owned vessels and brokering of vessels, Shipyard and Vessel management services which derives maximum revenue is involved the provision of the crew, consultancy and logistics, marine yard services and constructions services and Investment holding. the firm generates the majority of its revenue from Shipyard and vessel management services.