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Farm Price Holdings Bhd (XKLS:0304) Asset Turnover : 0.39 (As of Dec. 2024)


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What is Farm Price 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. Farm Price Holdings Bhd's Revenue for the three months ended in Dec. 2024 was RM31.10 Mil. Farm Price Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM78.89 Mil. Therefore, Farm Price Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Farm Price Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 22.20%. It is also linked to ROA % through Du Pont Formula. Farm Price Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 16.04%.


Farm Price Holdings Bhd Asset Turnover Historical Data

The historical data trend for Farm Price 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.

Farm Price Holdings Bhd Asset Turnover Chart

Farm Price Holdings Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
1.75 1.90 2.16 2.00 1.61

Farm Price Holdings Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial - - 0.42 0.41 0.39

Competitive Comparison of Farm Price Holdings Bhd's Asset Turnover

For the Food Distribution subindustry, Farm Price 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.


Farm Price Holdings Bhd's Asset Turnover Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Farm Price Holdings Bhd's Asset Turnover distribution charts can be found below:

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


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Farm Price Holdings Bhd Asset Turnover Calculation

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

Farm Price Holdings Bhd's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=122.97/( (70.888+81.854)/ 2 )
=122.97/76.371
=1.61

Farm Price Holdings 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 )
=31.101/( (75.922+81.854)/ 2 )
=31.101/78.888
=0.39

* 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.


Farm Price Holdings Bhd  (XKLS:0304) Asset Turnover Explanation

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

Farm Price Holdings Bhd's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=12.656/57.0145
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.656 / 124.404)*(124.404 / 78.888)*(78.888/ 57.0145)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.17 %*1.577*1.3836
=ROA %*Equity Multiplier
=16.04 %*1.3836
=22.20 %

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:

Farm Price Holdings Bhd's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=12.656/78.888
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12.656 / 124.404)*(124.404 / 78.888)
=Net Margin %*Asset Turnover
=10.17 %*1.577
=16.04 %

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.


Farm Price Holdings Bhd Asset Turnover Related Terms

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Farm Price Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Seelong Jaya 15, Lot 55358, Kulai, Senai, JHR, MYS, 81400
Farm Price Holdings Bhd is an investment holding company in Malaysia. It is engaged in wholesale distribution activities of fresh vegetables, including whole, pre-packed and fresh-cut varieties. Its operations also involves wholesale distribution of food and beverages (F&B) items and other grocery products to retailers and also operate a retail store selling fresh vegetables, F&B products and other groceries including personal care products. Key revenue is generated from wholesale distribution activities of fresh vegetables, including whole, pre-packed and fresh-cut varieties.

Farm Price Holdings Bhd Headlines

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