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Jerasia Capital Bhd (XKLS:8931) Asset Turnover : 0.01 (As of Feb. 2023)


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What is Jerasia 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. Jerasia Capital Bhd's Revenue for the three months ended in Feb. 2023 was RM0.31 Mil. Jerasia Capital Bhd's Total Assets for the quarter that ended in Feb. 2023 was RM42.29 Mil. Therefore, Jerasia Capital Bhd's Asset Turnover for the quarter that ended in Feb. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Jerasia Capital Bhd's annualized ROE % for the quarter that ended in Feb. 2023 was 2.70%. It is also linked to ROA % through Du Pont Formula. Jerasia Capital Bhd's annualized ROA % for the quarter that ended in Feb. 2023 was -15.26%.


Jerasia Capital Bhd Asset Turnover Historical Data

The historical data trend for Jerasia 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.

Jerasia Capital Bhd Asset Turnover Chart

Jerasia Capital Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 1.59 1.49 1.55 1.10

Jerasia Capital Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23
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 0.20 0.19 0.05 0.02 0.01

Competitive Comparison of Jerasia Capital Bhd's Asset Turnover

For the Apparel Manufacturing subindustry, Jerasia 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.


Jerasia Capital Bhd's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Jerasia Capital Bhd Asset Turnover Calculation

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

Jerasia Capital Bhd's Asset Turnover for the fiscal year that ended in Jun. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2020 )/( (Total Assets (A: Jun. 2019 )+Total Assets (A: Jun. 2020 ))/ count )
=376.941/( (340.025+345.418)/ 2 )
=376.941/342.7215
=1.10

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2023 )/( (Total Assets (Q: Aug. 2022 )+Total Assets (Q: Feb. 2023 ))/ count )
=0.312/( (43.02+41.557)/ 2 )
=0.312/42.2885
=0.01

* 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.


Jerasia Capital Bhd  (XKLS:8931) Asset Turnover Explanation

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

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

ROE %**(Q: Feb. 2023 )
=Net Income/Total Stockholders Equity
=-6.452/-238.7735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.452 / 1.248)*(1.248 / 42.2885)*(42.2885/ -238.7735)
=Net Margin %*Asset Turnover*Equity Multiplier
=-516.99 %*0.0295*-0.1771
=ROA %*Equity Multiplier
=-15.26 %*-0.1771
=2.70 %

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

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

ROA %(Q: Feb. 2023 )
=Net Income/Total Assets
=-6.452/42.2885
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-6.452 / 1.248)*(1.248 / 42.2885)
=Net Margin %*Asset Turnover
=-516.99 %*0.0295
=-15.26 %

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


Jerasia Capital Bhd Asset Turnover Related Terms

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


Jerasia Capital Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cheras, Numbers 2-8, Lorong 6E/91, Taman Shamelin Perkasa, Wilayah Persekutuan, Batu 31/2, Kuala Lumpur, MYS, 56100
Jerasia Capital Bhd through its subsidiaries is engaged in the manufacturing and exporting of fashion apparel and accessories. The business activity of the group is operated through Garment Manufacturing, Retail and Others segments. The Garment manufacturing segments include the manufacture and export of fashion apparel and accessories. The Retail segment involves retailing of fashion apparel and accessories and the Other segment consists of investments and dormant companies. Geographically all the operation are functioned through the region of Malaysia, however, it also has the presence across the region of USA, Europe, Singapore, and Japan. Jerasia Capital derives the majority of revenue from export of apparel and accessories.

Jerasia Capital Bhd Headlines

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