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Excel Force MSC Bhd (XKLS:0065) Asset Turnover : 0.05 (As of Dec. 2024)


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What is Excel Force MSC Bhd Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Excel Force MSC Bhd's Revenue for the three months ended in Dec. 2024 was RM6.83 Mil. Excel Force MSC Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM150.28 Mil. Therefore, Excel Force MSC Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Excel Force MSC Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 5.07%. It is also linked to ROA % through Du Pont Formula. Excel Force MSC Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 4.41%.


Excel Force MSC Bhd Asset Turnover Historical Data

The historical data trend for Excel Force MSC Bhd'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.

Excel Force MSC Bhd Asset Turnover Chart

Excel Force MSC Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.29 0.31 0.35 0.23

Excel Force MSC Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 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 0.07 0.06 0.05 0.05 0.05

Competitive Comparison of Excel Force MSC Bhd's Asset Turnover

For the Software - Application subindustry, Excel Force MSC Bhd'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.


Excel Force MSC Bhd's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Excel Force MSC Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Excel Force MSC Bhd's Asset Turnover falls into.


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Excel Force MSC Bhd Asset Turnover Calculation

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

Excel Force MSC Bhd's Asset Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2024 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Jun. 2024 ))/ count )
=29.02/( (110.3+148.093)/ 2 )
=29.02/129.1965
=0.22

Excel Force MSC Bhd'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 )
=6.827/( (149.174+151.383)/ 2 )
=6.827/150.2785
=0.05

* 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.


Excel Force MSC Bhd  (XKLS:0065) Asset Turnover Explanation

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

Excel Force MSC Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=6.632/130.862
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.632 / 27.308)*(27.308 / 150.2785)*(150.2785/ 130.862)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.29 %*0.1817*1.1484
=ROA %*Equity Multiplier
=4.41 %*1.1484
=5.07 %

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:

Excel Force MSC Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=6.632/150.2785
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.632 / 27.308)*(27.308 / 150.2785)
=Net Margin %*Asset Turnover
=24.29 %*0.1817
=4.41 %

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.


Excel Force MSC Bhd Asset Turnover Related Terms

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Excel Force MSC Bhd Business Description

Traded in Other Exchanges
N/A
Address
Number 8, Jalan Damansara, PJU 8, Level 31, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
Excel Force MSC Bhd is an information technology solution provider involved in the design, development, deployment, and maintenance of application and system solutions for the financial services industry, stockbroking, and investment banks. The company operates through three segments, Application Solutions, Maintenance Services, and Application Services Provider. The majority of the revenue is generated from the Application services provider division which generates revenue from outsourcing services charge which is volume and transaction based. Its products include CyberBroker Front Office, CyberBroker Middle Office, CyberBroker Back Office, StockBanking System, and Fundamental Analysis System. The company operates in Malaysia, Singapore, and other countries.

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