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Speciality Restaurants (BOM:534425) Asset Turnover : 0.19 (As of Mar. 2024)


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What is Speciality Restaurants Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Speciality Restaurants's Revenue for the three months ended in Mar. 2024 was ₹962 Mil. Speciality Restaurants's Total Assets for the quarter that ended in Mar. 2024 was ₹5,056 Mil. Therefore, Speciality Restaurants's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. Speciality Restaurants's annualized ROE % for the quarter that ended in Mar. 2024 was 4.40%. It is also linked to ROA % through Du Pont Formula. Speciality Restaurants's annualized ROA % for the quarter that ended in Mar. 2024 was 2.67%.


Speciality Restaurants Asset Turnover Historical Data

The historical data trend for Speciality Restaurants'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.

Speciality Restaurants Asset Turnover Chart

Speciality Restaurants Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.44 0.76 0.93 0.83

Speciality Restaurants Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.20 0.19 0.23 0.19

Competitive Comparison of Speciality Restaurants's Asset Turnover

For the Restaurants subindustry, Speciality Restaurants'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.


Speciality Restaurants's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Speciality Restaurants's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Speciality Restaurants's Asset Turnover falls into.



Speciality Restaurants Asset Turnover Calculation

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

Speciality Restaurants's Asset Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=4047/( (4734.77+5056.2)/ 2 )
=4047/4895.485
=0.83

Speciality Restaurants's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=961.9/( (0+5056.2)/ 1 )
=961.9/5056.2
=0.19

* 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.


Speciality Restaurants  (BOM:534425) Asset Turnover Explanation

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

Speciality Restaurants's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=135.2/3072.2
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(135.2 / 3847.6)*(3847.6 / 5056.2)*(5056.2/ 3072.2)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.51 %*0.761*1.6458
=ROA %*Equity Multiplier
=2.67 %*1.6458
=4.40 %

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

Speciality Restaurants's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=135.2/5056.2
=(Net Income / Revenue)*(Revenue / Total Assets)
=(135.2 / 3847.6)*(3847.6 / 5056.2)
=Net Margin %*Asset Turnover
=3.51 %*0.761
=2.67 %

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


Speciality Restaurants Asset Turnover Related Terms

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Speciality Restaurants (BOM:534425) Business Description

Traded in Other Exchanges
Address
Off. New Link Road, 4th Floor, Veera Industrial Estate, B-25, Morya Landmark 1, Andheri (West), Mumbai, MH, IND, 400053
Speciality Restaurants Ltd is engaged in restaurants and mobile food service business. The principal business of the company is operating food outlets and sweet shops. The company operates within India. Its brands include Mainland China, Asia Kitchen by Mainland China, Oh! Calcutta, Hay, Cafe Mezzuna, Sweet Bengal, Hoppipola, Sigree, Machaan, Haka, Flame and Grill etc. The group predominantly operates in India.

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