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Lumbini Finance (XNEP:LFLC) Asset Turnover : 0.01 (As of Jan. 2018)


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What is Lumbini Finance Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lumbini Finance's Revenue for the three months ended in Jan. 2018 was NPR254.4 Mil. Lumbini Finance's Total Assets for the quarter that ended in Jan. 2018 was NPR23,980.9 Mil. Therefore, Lumbini Finance's Asset Turnover for the quarter that ended in Jan. 2018 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Lumbini Finance's annualized ROE % for the quarter that ended in Jan. 2018 was 17.42%. It is also linked to ROA % through Du Pont Formula. Lumbini Finance's annualized ROA % for the quarter that ended in Jan. 2018 was 2.13%.


Lumbini Finance Asset Turnover Historical Data

The historical data trend for Lumbini Finance'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.

Lumbini Finance Asset Turnover Chart

Lumbini Finance Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Asset Turnover
Get a 7-Day Free Trial 0.10 0.04 0.06 0.05 0.10

Lumbini Finance Quarterly Data
Jul12 Jan13 Apr13 Jul13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Oct17 Jan18
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 0.05 0.06 -0.07 0.01 0.01

Competitive Comparison of Lumbini Finance's Asset Turnover

For the Banks - Regional subindustry, Lumbini Finance'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.


Lumbini Finance's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lumbini Finance's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lumbini Finance's Asset Turnover falls into.



Lumbini Finance Asset Turnover Calculation

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

Lumbini Finance's Asset Turnover for the fiscal year that ended in Jul. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2016 )/( (Total Assets (A: Jul. 2015 )+Total Assets (A: Jul. 2016 ))/ count )
=292.273/( (2711.502+2975.025)/ 2 )
=292.273/2843.2635
=0.10

Lumbini Finance's Asset Turnover for the quarter that ended in Jan. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2018 )/( (Total Assets (Q: Oct. 2017 )+Total Assets (Q: Jan. 2018 ))/ count )
=254.412/( (23453.795+24507.918)/ 2 )
=254.412/23980.8565
=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.


Lumbini Finance  (XNEP:LFLC) Asset Turnover Explanation

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

Lumbini Finance's annulized ROE % for the quarter that ended in Jan. 2018 is

ROE %**(Q: Jan. 2018 )
=Net Income/Total Stockholders Equity
=510.6/2931.0265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(510.6 / 1017.648)*(1017.648 / 23980.8565)*(23980.8565/ 2931.0265)
=Net Margin %*Asset Turnover*Equity Multiplier
=50.17 %*0.0424*8.1817
=ROA %*Equity Multiplier
=2.13 %*8.1817
=17.42 %

Note: The Net Income data used here is four times the quarterly (Jan. 2018) net income data. The Revenue data used here is four times the quarterly (Jan. 2018) 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:

Lumbini Finance's annulized ROA % for the quarter that ended in Jan. 2018 is

ROA %(Q: Jan. 2018 )
=Net Income/Total Assets
=510.6/23980.8565
=(Net Income / Revenue)*(Revenue / Total Assets)
=(510.6 / 1017.648)*(1017.648 / 23980.8565)
=Net Margin %*Asset Turnover
=50.17 %*0.0424
=2.13 %

Note: The Net Income data used here is four times the quarterly (Jan. 2018) net income data. The Revenue data used here is four times the quarterly (Jan. 2018) 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.


Lumbini Finance Asset Turnover Related Terms

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Lumbini Finance (XNEP:LFLC) Business Description

Traded in Other Exchanges
N/A
Address
Thamel, Kathmandu, NPL
Lumbini Finance Ltd is engaged in providing deposits and loan products. It offers saving deposits, fixed deposit, call deposit, provident fund, hire purchase, housing and term loan, project and personal loan and sector loan.

Lumbini Finance (XNEP:LFLC) Headlines

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