/term/turnover/XKLS:0120 VisDynamics Holdings Bhd (XKLS:0120) Asset Turnover
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VisDynamics Holdings Bhd (XKLS:0120) » Definitions » Asset Turnover

VisDynamics Holdings Bhd (XKLS:0120) Asset Turnover : 0.01 (As of Jan. 2024)


View and export this data going back to 2006. Start your Free Trial

What is VisDynamics Holdings 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. VisDynamics Holdings Bhd's Revenue for the three months ended in Jan. 2024 was RM0.55 Mil. VisDynamics Holdings Bhd's Total Assets for the quarter that ended in Jan. 2024 was RM74.87 Mil. Therefore, VisDynamics Holdings Bhd's Asset Turnover for the quarter that ended in Jan. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. VisDynamics Holdings Bhd's annualized ROE % for the quarter that ended in Jan. 2024 was -9.46%. It is also linked to ROA % through Du Pont Formula. VisDynamics Holdings Bhd's annualized ROA % for the quarter that ended in Jan. 2024 was -8.33%.


VisDynamics Holdings Bhd Asset Turnover Historical Data

The historical data trend for VisDynamics Holdings 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.

VisDynamics Holdings Bhd Asset Turnover Chart

VisDynamics Holdings Bhd Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.61 0.47 0.76 0.68

VisDynamics Holdings Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Jan24
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 0.22 0.04 0.10 0.11 0.01

Competitive Comparison of VisDynamics Holdings Bhd's Asset Turnover

For the Semiconductor Equipment & Materials subindustry, VisDynamics Holdings 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.


VisDynamics Holdings Bhd's Asset Turnover Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, VisDynamics Holdings Bhd's Asset Turnover distribution charts can be found below:

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



VisDynamics Holdings Bhd Asset Turnover Calculation

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

VisDynamics Holdings Bhd's Asset Turnover for the fiscal year that ended in Oct. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Oct. 2022 )/( (Total Assets (A: Oct. 2021 )+Total Assets (A: Oct. 2022 ))/ count )
=51.084/( (69.059+81.422)/ 2 )
=51.084/75.2405
=0.68

VisDynamics Holdings Bhd's Asset Turnover for the quarter that ended in Jan. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0.551/( (75.185+74.564)/ 2 )
=0.551/74.8745
=0.01

* 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.


VisDynamics Holdings Bhd  (XKLS:0120) Asset Turnover Explanation

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

VisDynamics Holdings Bhd's annulized ROE % for the quarter that ended in Jan. 2024 is

ROE %**(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-6.24/65.931
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.24 / 2.204)*(2.204 / 74.8745)*(74.8745/ 65.931)
=Net Margin %*Asset Turnover*Equity Multiplier
=-283.12 %*0.0294*1.1356
=ROA %*Equity Multiplier
=-8.33 %*1.1356
=-9.46 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 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:

VisDynamics Holdings Bhd's annulized ROA % for the quarter that ended in Jan. 2024 is

ROA %(Q: Jan. 2024 )
=Net Income/Total Assets
=-6.24/74.8745
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.24 / 2.204)*(2.204 / 74.8745)
=Net Margin %*Asset Turnover
=-283.12 %*0.0294
=-8.33 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 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.


VisDynamics Holdings Bhd Asset Turnover Related Terms

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


VisDynamics Holdings Bhd (XKLS:0120) Business Description

Traded in Other Exchanges
N/A
Address
Lot 3844, Jalan TU 52, Kawasan Perindustrian Tasik Utama, Ayer Keroh, MLA, MYS, 75450
VisDynamics Holdings Bhd is an investment holding company. It operates in two segments: The manufacturing segment includes Manufacturing of automated test equipment, and Others segment includes Investment holding and provision of management services. The company focuses on the design, research & development, and assembly of Back-end Semiconductor Equipment and high-speed transfer and inspection machine for Non-Semiconductor Devices. The company's geographical segments include Malaysia, South East Asia, North Asia, the United States, and Others, of which it generates the majority of its revenue from North Asia.

VisDynamics Holdings Bhd (XKLS:0120) Headlines

No Headlines