GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PCCS Group Bhd (XKLS:6068) » Definitions » Asset Turnover

PCCS Group Bhd (XKLS:6068) Asset Turnover : 0.44 (As of Dec. 2024)


View and export this data going back to 1995. Start your Free Trial

What is PCCS Group 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. PCCS Group Bhd's Revenue for the three months ended in Dec. 2024 was RM135.5 Mil. PCCS Group Bhd's Total Assets for the quarter that ended in Dec. 2024 was RM309.3 Mil. Therefore, PCCS Group Bhd's Asset Turnover for the quarter that ended in Dec. 2024 was 0.44.

Asset Turnover is linked to ROE % through Du Pont Formula. PCCS Group Bhd's annualized ROE % for the quarter that ended in Dec. 2024 was 15.66%. It is also linked to ROA % through Du Pont Formula. PCCS Group Bhd's annualized ROA % for the quarter that ended in Dec. 2024 was 8.29%.


PCCS Group Bhd Asset Turnover Historical Data

The historical data trend for PCCS Group 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.

PCCS Group Bhd Asset Turnover Chart

PCCS Group Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.01 1.16 1.32 1.13

PCCS Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.28 0.33 0.50 0.36 0.44

Competitive Comparison of PCCS Group Bhd's Asset Turnover

For the Apparel Manufacturing subindustry, PCCS Group 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.


PCCS Group Bhd's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PCCS Group Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PCCS Group Bhd's Asset Turnover falls into.


;
;

PCCS Group Bhd Asset Turnover Calculation

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

PCCS Group Bhd's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=377.847/( (308.115+358.814)/ 2 )
=377.847/333.4645
=1.13

PCCS Group 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 )
=135.542/( (309.878+308.745)/ 2 )
=135.542/309.3115
=0.44

* 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.


PCCS Group Bhd  (XKLS:6068) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=25.628/163.6915
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(25.628 / 542.168)*(542.168 / 309.3115)*(309.3115/ 163.6915)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.73 %*1.7528*1.8896
=ROA %*Equity Multiplier
=8.29 %*1.8896
=15.66 %

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:

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

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=25.628/309.3115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(25.628 / 542.168)*(542.168 / 309.3115)
=Net Margin %*Asset Turnover
=4.73 %*1.7528
=8.29 %

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.


PCCS Group Bhd Asset Turnover Related Terms

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


PCCS Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kluang, Lot 1376, GM 127, Mukim Simpang Kanan, Batu Pahat, JHR, MYS, 83000
PCCS Group Bhd is a Malaysia based garment company. It has four reportable segments - Apparel, Label and Packaging, Credit financing and Others. The Apparel segment manufacturing and marketing of apparels, manufacturing of seamless bonding, embroidering of logos and emblems, printing and marketing of silk screen printing products. Label and Packaging segment involves the printing of labels and stickers for garment and other products. Credit financing provision of financial services, including money lending, loan negotiation and various financing solutions. Others segment include investment holding, provision for management services and medical businesses. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Cambodia and the People's Republic of China.

PCCS Group Bhd Headlines

No Headlines