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AWC Bhd (XKLS:7579) Asset Turnover : 0.27 (As of Dec. 2023)


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What is AWC 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. AWC Bhd's Revenue for the three months ended in Dec. 2023 was RM116.8 Mil. AWC Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM434.3 Mil. Therefore, AWC Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. AWC Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was 11.07%. It is also linked to ROA % through Du Pont Formula. AWC Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was 5.38%.


AWC Bhd Asset Turnover Historical Data

The historical data trend for AWC 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.

AWC Bhd Asset Turnover Chart

AWC Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.86 0.91 0.87 0.89

AWC Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 0.23 0.23 0.22 0.20 0.27

Competitive Comparison of AWC Bhd's Asset Turnover

For the Engineering & Construction subindustry, AWC 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.


AWC Bhd's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, AWC Bhd's Asset Turnover distribution charts can be found below:

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



AWC Bhd Asset Turnover Calculation

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

AWC Bhd's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=381.305/( (412.28+443.503)/ 2 )
=381.305/427.8915
=0.89

AWC 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 )
=116.793/( (439.443+429.104)/ 2 )
=116.793/434.2735
=0.27

* 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.


AWC Bhd  (XKLS:7579) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=23.364/211.0275
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.364 / 467.172)*(467.172 / 434.2735)*(434.2735/ 211.0275)
=Net Margin %*Asset Turnover*Equity Multiplier
=5 %*1.0758*2.0579
=ROA %*Equity Multiplier
=5.38 %*2.0579
=11.07 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=23.364/434.2735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.364 / 467.172)*(467.172 / 434.2735)
=Net Margin %*Asset Turnover
=5 %*1.0758
=5.38 %

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.


AWC Bhd Asset Turnover Related Terms

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AWC Bhd (XKLS:7579) Business Description

Traded in Other Exchanges
N/A
Address
Jalan USJ 9/5T, No.20-2, Subang Business Centre, UEP Subang Jaya, Subang Jaya, SGR, MYS, 47620
AWC Bhd is an investment holding company that provides total asset management services such as integrated facilities management and engineering services to building owners. The company has five divisions namely, Facilities division engages in the provision of integrated range of maintenance services for office, commercial, industrial, residential and administrative buildings; Engineering division comprises plumbing and air-conditioning; Environment division comprises of pneumatic technology used for waste collection and transports it via reticulated pipes, Investment holding division offers group-level corporate services, and Rail division provides railway infrastructure works. The Facilities division derives the majority of revenue.

AWC Bhd (XKLS:7579) Headlines

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