Whitman Holdings Bhd (XKLS:03070) Asset Turnover: 2.37 (As of Dec. 2024)


XKLS:03070 Whitman Holdings Bhd XKLS:03070
17 GF Score
Price RM0.15
! 1 Warning Sign
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What is Whitman Holdings Bhd Asset Turnover?

Whitman Holdings Bhd XKLS:03070 17 Asset Turnover is 2.37 as of Dec. 2024. GuruFocus rates XKLS:03070 with a GF Score™ of 17/100. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Whitman Holdings Bhd's Revenue for the six months ended in Dec. 2024 was RM11.17 Mil. Whitman Holdings Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM4.71 Mil. Therefore, Whitman Holdings Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 2.37.

Asset Turnover is linked to ROE % through Du Pont Formula. Whitman Holdings Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 143.93%. It is also linked to ROA % through Du Pont Formula. Whitman Holdings Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 70.19%.

Whitman Holdings Bhd  (XKLS:03070) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=3.304/2.2955
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3.304 / 22.346)*(22.346 / 4.7075)*(4.7075/ 2.2955)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.79 %*4.7469*2.0508
=ROA %*Equity Multiplier
=70.19 %*2.0508
=143.93 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=3.304/4.7075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3.304 / 22.346)*(22.346 / 4.7075)
=Net Margin %*Asset Turnover
=14.79 %*4.7469
=70.19 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) net income data. The Revenue data used here is two times the semi-annual (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.

Whitman Holdings Bhd Asset Turnover Related Terms

Whitman Holdings Bhd Asset Turnover Historical Data

* Premium members only.

The historical data trend for Whitman 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.

Whitman Holdings Bhd Asset Turnover Chart

Whitman Holdings Bhd Annual Data
Trend Dec23 Dec24
Asset Turnover
1.91 2.37

Whitman Holdings Bhd Semi-Annual Data
Dec23 Dec24
Asset Turnover 1.91 2.37

XKLS:03070 vs BLK, BX, KKR: Asset Turnover Comparison

For the Asset Management subindustry, Whitman 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.

Whitman Holdings Bhd Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Whitman Holdings Bhd's Asset Turnover distribution charts can be found below:

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


XKLS:03070
17GF Score
Whitman Holdings Bhd XKLS:03070
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Whitman Holdings Bhd Asset Turnover Calculation

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

Whitman 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 )
=11.173/( (4.993+4.422)/ 2 )
=11.173/4.7075
=2.37

Whitman 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: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=11.173/( (4.993+4.422)/ 2 )
=11.173/4.7075
=2.37

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 2.37 mean?
Whitman Holdings Bhd (XKLS:03070) has a Asset Turnover of 2.37 as of Dec. 2024. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Whitman Holdings Bhd and its competitors.
Is Whitman Holdings Bhd's Asset Turnover too high?
Whitman Holdings Bhd's current Asset Turnover is 2.37. Overall, Whitman Holdings Bhd has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Whitman Holdings Bhd's Asset Turnover compare to BLK and BX?
Whitman Holdings Bhd's Asset Turnover of 2.37 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Whitman Holdings Bhd and its competitors. Whitman Holdings Bhd's current Asset Turnover is 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitman Holdings Bhd stock overvalued right now?
Whitman Holdings Bhd (XKLS:03070) has a current Asset Turnover of 2.37. The current Asset Turnover is 2.37. Whitman Holdings Bhd's overall GF Score™ is 17/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Whitman Holdings Bhd (XKLS:03070), the current Asset Turnover is 2.37 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Whitman Holdings Bhd Business Description

Address Jalan PJU 1/42, No. 17-2, Block E1, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Whitman Holdings Bhd is an investment holding company. Through its subsidiaries, the company is principally involved in the provision of holistic financial planning solutions focusing on retirement planning. The company's core advisory services consist of advisory and consultation services and dealing in securities (UTS and PRS). It also provides insurance consulting services and will-writing services as part of its complementary services. The company derives the majority of revenue from the provision of its Core advisory services, prominently from the dealing in securities (UTS and PRS) services. Geographically, it operates within Malaysia.
17GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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