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Nepal Bank (XNEP:NBL) Asset Turnover : 0.01 (As of Oct. 2024)


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What is Nepal Bank Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nepal Bank's Revenue for the three months ended in Oct. 2024 was NPR2,647 Mil. Nepal Bank's Total Assets for the quarter that ended in Oct. 2024 was NPR329,962 Mil. Therefore, Nepal Bank's Asset Turnover for the quarter that ended in Oct. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Nepal Bank's annualized ROE % for the quarter that ended in Oct. 2024 was 6.41%. It is also linked to ROA % through Du Pont Formula. Nepal Bank's annualized ROA % for the quarter that ended in Oct. 2024 was 0.73%.


Nepal Bank Asset Turnover Historical Data

The historical data trend for Nepal Bank'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.

Nepal Bank Asset Turnover Chart

Nepal Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.04 0.03 0.04

Nepal Bank Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 0.01 0.01 - 0.01 0.01

Competitive Comparison of Nepal Bank's Asset Turnover

For the Banks - Regional subindustry, Nepal Bank'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.


Nepal Bank's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Nepal Bank's Asset Turnover falls into.


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Nepal Bank Asset Turnover Calculation

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

Nepal Bank's Asset Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=10626.395/( (260077.877+296735.598)/ 2 )
=10626.395/278406.7375
=0.04

Nepal Bank's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=2647.412/( (315487.953+344435.839)/ 2 )
=2647.412/329961.896
=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.


Nepal Bank  (XNEP:NBL) Asset Turnover Explanation

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

Nepal Bank's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=2408.792/37552.853
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2408.792 / 10589.648)*(10589.648 / 329961.896)*(329961.896/ 37552.853)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.75 %*0.0321*8.7866
=ROA %*Equity Multiplier
=0.73 %*8.7866
=6.41 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) net income data. The Revenue data used here is four times the quarterly (Oct. 2024) 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:

Nepal Bank's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=2408.792/329961.896
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2408.792 / 10589.648)*(10589.648 / 329961.896)
=Net Margin %*Asset Turnover
=22.75 %*0.0321
=0.73 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) net income data. The Revenue data used here is four times the quarterly (Oct. 2024) 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.


Nepal Bank Asset Turnover Related Terms

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


Nepal Bank Business Description

Traded in Other Exchanges
N/A
Address
Dharmapath, Newroad, G.P.O, Box: 36, Kathmandu, NPL
Nepal Bank Ltd is engaged in providing banking products and services. It offers products and services such as deposits and accounts services, loans and advances to corporate and consumers, remittance services, and products. The bank operates in the segments of Banking, Treasury, Remittance, and Government. It derives maximum revenue from the Banking segment which involves functions like collecting deposits and lending activities among other similar activities. It provides banking through its branch offices in different geographical locations within the country.

Nepal Bank Headlines

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