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PT Net Visi Media Tbk (ISX:NETV) Asset Turnover : 0.04 (As of Dec. 2023)


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What is PT Net Visi Media Tbk Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PT Net Visi Media Tbk's Revenue for the three months ended in Dec. 2023 was Rp54,515 Mil. PT Net Visi Media Tbk's Total Assets for the quarter that ended in Dec. 2023 was Rp1,388,142 Mil. Therefore, PT Net Visi Media Tbk's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Asset Turnover is linked to ROE % through Du Pont Formula. PT Net Visi Media Tbk's annualized ROE % for the quarter that ended in Dec. 2023 was 345.02%. It is also linked to ROA % through Du Pont Formula. PT Net Visi Media Tbk's annualized ROA % for the quarter that ended in Dec. 2023 was -120.73%.


PT Net Visi Media Tbk Asset Turnover Historical Data

The historical data trend for PT Net Visi Media Tbk'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.

PT Net Visi Media Tbk Asset Turnover Chart

PT Net Visi Media Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.22 0.22 0.28 0.26 0.17

PT Net Visi Media Tbk Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 0.09 0.04 0.04 0.04 0.04

Competitive Comparison of PT Net Visi Media Tbk's Asset Turnover

For the Broadcasting subindustry, PT Net Visi Media Tbk'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.


PT Net Visi Media Tbk's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PT Net Visi Media Tbk's Asset Turnover distribution charts can be found below:

* The bar in red indicates where PT Net Visi Media Tbk's Asset Turnover falls into.



PT Net Visi Media Tbk Asset Turnover Calculation

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

PT Net Visi Media Tbk's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=235745.415/( (1650328.242+1215005.763)/ 2 )
=235745.415/1432667.0025
=0.16

PT Net Visi Media Tbk'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 )
=54515.355/( (1561278.746+1215005.763)/ 2 )
=54515.355/1388142.2545
=0.04

* 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.


PT Net Visi Media Tbk  (ISX:NETV) Asset Turnover Explanation

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

PT Net Visi Media Tbk's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-1675938.476/-485754.7265
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1675938.476 / 218061.42)*(218061.42 / 1388142.2545)*(1388142.2545/ -485754.7265)
=Net Margin %*Asset Turnover*Equity Multiplier
=-768.56 %*0.1571*-2.8577
=ROA %*Equity Multiplier
=-120.73 %*-2.8577
=345.02 %

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:

PT Net Visi Media Tbk's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-1675938.476/1388142.2545
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1675938.476 / 218061.42)*(218061.42 / 1388142.2545)
=Net Margin %*Asset Turnover
=-768.56 %*0.1571
=-120.73 %

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.


PT Net Visi Media Tbk Asset Turnover Related Terms

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PT Net Visi Media Tbk (ISX:NETV) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Gatot Subroto Kav. 21, Graha Mitra Lt. 4, RT 003 RW 002, Karet Semanggi, Setiabudi, Jakarta, IDN, 12930
PT Net Visi Media Tbk is a media company. It is engaged in Artist Management, Television Broadcasting, Content Production, and Digital Media. The company has only one main business segment, namely Media.

PT Net Visi Media Tbk (ISX:NETV) Headlines

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