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Kamdar Group (M) Bhd (XKLS:8672) Asset Turnover : 0.05 (As of Dec. 2023)


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What is Kamdar Group (M) 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. Kamdar Group (M) Bhd's Revenue for the three months ended in Dec. 2023 was RM14.84 Mil. Kamdar Group (M) Bhd's Total Assets for the quarter that ended in Dec. 2023 was RM282.27 Mil. Therefore, Kamdar Group (M) Bhd's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Kamdar Group (M) Bhd's annualized ROE % for the quarter that ended in Dec. 2023 was -3.94%. It is also linked to ROA % through Du Pont Formula. Kamdar Group (M) Bhd's annualized ROA % for the quarter that ended in Dec. 2023 was -3.09%.


Kamdar Group (M) Bhd Asset Turnover Historical Data

The historical data trend for Kamdar Group (M) 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.

Kamdar Group (M) Bhd Asset Turnover Chart

Kamdar Group (M) Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.35 0.33 0.20 0.24

Kamdar Group (M) Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 0.06 0.07 0.06 0.04 0.05

Competitive Comparison of Kamdar Group (M) Bhd's Asset Turnover

For the Textile Manufacturing subindustry, Kamdar Group (M) 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.


Kamdar Group (M) Bhd's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Kamdar Group (M) Bhd's Asset Turnover falls into.



Kamdar Group (M) Bhd Asset Turnover Calculation

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

Kamdar Group (M) 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 )
=68.444/( (295.987+287.098)/ 2 )
=68.444/291.5425
=0.23

Kamdar Group (M) 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 )
=14.842/( (283.402+281.133)/ 2 )
=14.842/282.2675
=0.05

* 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.


Kamdar Group (M) Bhd  (XKLS:8672) Asset Turnover Explanation

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

Kamdar Group (M) Bhd's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-8.708/221.2295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.708 / 59.368)*(59.368 / 282.2675)*(282.2675/ 221.2295)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.67 %*0.2103*1.2759
=ROA %*Equity Multiplier
=-3.09 %*1.2759
=-3.94 %

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:

Kamdar Group (M) Bhd's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-8.708/282.2675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.708 / 59.368)*(59.368 / 282.2675)
=Net Margin %*Asset Turnover
=-14.67 %*0.2103
=-3.09 %

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.


Kamdar Group (M) Bhd Asset Turnover Related Terms

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Kamdar Group (M) Bhd (XKLS:8672) Business Description

Traded in Other Exchanges
N/A
Address
113, Jalan Tuanku Abdul Rahman, Kuala Lumpur, SGR, MYS, 50100
Kamdar Group (M) Bhd is a supplier and retailer of fashion fabrics, home textiles, apparel, and garments. It is organized into two business units, Textile and Investment, and Management segment. The Textile segment is engaged in retailing textile and textile-based products within the retailing industry. The Investment and Management segment is engaged in investment holding and providing management services. The company's activities are conducted principally in Malaysia. It derives a majority of the revenue from the Textile segment.

Kamdar Group (M) Bhd (XKLS:8672) Headlines

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