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SWS Capital Bhd (XKLS:7186) Asset Turnover : 0.14 (As of Dec. 2023)


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What is SWS Capital 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. SWS Capital Bhd's Revenue for the three months ended in Dec. 2023 was RM28.0 Mil. SWS Capital Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM207.5 Mil. Therefore, SWS Capital Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. SWS Capital Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was -18.02%. It is also linked to ROA % through Du Pont Formula. SWS Capital Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -12.49%.


SWS Capital Bhd Asset Turnover Historical Data

The historical data trend for SWS Capital 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.

SWS Capital Bhd Asset Turnover Chart

SWS Capital Bhd Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.72 0.81 0.80 0.60

SWS Capital Bhd Quarterly Data
Aug18 Nov18 Feb19 May19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.16 0.17 0.15 0.14 0.14

Competitive Comparison of SWS Capital Bhd's Asset Turnover

For the Furnishings, Fixtures & Appliances subindustry, SWS Capital 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.


SWS Capital Bhd's Asset Turnover Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, SWS Capital Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SWS Capital Bhd's Asset Turnover falls into.



SWS Capital Bhd Asset Turnover Calculation

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

SWS Capital Bhd's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=123.581/( (203.543+211.323)/ 2 )
=123.581/207.433
=0.60

SWS Capital Bhd's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=27.973/( (203.6+211.323)/ 2 )
=27.973/207.4615
=0.13

* 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.


SWS Capital Bhd  (XKLS:7186) Asset Turnover Explanation

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

SWS Capital Bhd's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-25.908/143.7375
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.908 / 111.892)*(111.892 / 207.4615)*(207.4615/ 143.7375)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.15 %*0.5393*1.4433
=ROA %*Equity Multiplier
=-12.49 %*1.4433
=-18.02 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

SWS Capital Bhd's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-25.908/207.4615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.908 / 111.892)*(111.892 / 207.4615)
=Net Margin %*Asset Turnover
=-23.15 %*0.5393
=-12.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


SWS Capital Bhd Asset Turnover Related Terms

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


SWS Capital Bhd (XKLS:7186) Business Description

Traded in Other Exchanges
N/A
Address
PTD 6001, Jalan Perindustrian 5, Kawasan Perindustrian Bukit Bakri, Batu 8, Johor Darul Ta’zim, Muar, JHR, MYS, 84200
SWS Capital Bhd is engaged in the manufacturing and sale of dining furniture, occasional furniture and buffet and hutch, lamination of veneer and paper, and trading of various types of boards, nails, polyethylene, pneumatic fasteners, plastic wares, utensils and goods and Marketing and distribution of plastic household and industrial products. It operates under three segments that are Investment holding, Manufacturing of furniture, and Manufacturing of plastic wares. The majority of its revenue comes from Plastic wares. Geographically the company's products are exported to Australia, Europe, Malaysia, the Middle East, and the Asia Pacific.

SWS Capital Bhd (XKLS:7186) Headlines

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