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Patimas Computers Bhd (XKLS:7042) Asset Turnover : 0.54 (As of Dec. 2013)


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What is Patimas Computers 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. Patimas Computers Bhd's Revenue for the three months ended in Dec. 2013 was RM3.98 Mil. Patimas Computers Bhd's Total Assets for the quarter that ended in Dec. 2013 was RM7.37 Mil. Therefore, Patimas Computers Bhd's Asset Turnover for the quarter that ended in Dec. 2013 was 0.54.

Asset Turnover is linked to ROE % through Du Pont Formula. Patimas Computers Bhd's annualized ROE % for the quarter that ended in Dec. 2013 was -0.92%. It is also linked to ROA % through Du Pont Formula. Patimas Computers Bhd's annualized ROA % for the quarter that ended in Dec. 2013 was 6.84%.


Patimas Computers Bhd Asset Turnover Historical Data

The historical data trend for Patimas Computers 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.

Patimas Computers Bhd Asset Turnover Chart

Patimas Computers Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Mar12 Mar13
Asset Turnover
Get a 7-Day Free Trial 0.79 0.88 0.92 0.81 0.67

Patimas Computers Bhd Quarterly Data
Mar11 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
Asset Turnover Get a 7-Day Free Trial 0.11 0.25 0.27 0.41 0.54

Competitive Comparison of Patimas Computers Bhd's Asset Turnover

For the Information Technology Services subindustry, Patimas Computers 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.


Patimas Computers Bhd's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Patimas Computers Bhd's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Patimas Computers Bhd's Asset Turnover falls into.



Patimas Computers Bhd Asset Turnover Calculation

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

Patimas Computers Bhd's Asset Turnover for the fiscal year that ended in Mar. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2013 )/( (Total Assets (A: Mar. 2012 )+Total Assets (A: Mar. 2013 ))/ count )
=26.987/( (69.483+10.608)/ 2 )
=26.987/40.0455
=0.67

Patimas Computers Bhd's Asset Turnover for the quarter that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Dec. 2013 ))/ count )
=3.982/( (5.432+9.308)/ 2 )
=3.982/7.37
=0.54

* 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.


Patimas Computers Bhd  (XKLS:7042) Asset Turnover Explanation

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

Patimas Computers Bhd's annulized ROE % for the quarter that ended in Dec. 2013 is

ROE %**(Q: Dec. 2013 )
=Net Income/Total Stockholders Equity
=0.504/-54.989
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.504 / 15.928)*(15.928 / 7.37)*(7.37/ -54.989)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.16 %*2.1612*-0.134
=ROA %*Equity Multiplier
=6.84 %*-0.134
=-0.92 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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:

Patimas Computers Bhd's annulized ROA % for the quarter that ended in Dec. 2013 is

ROA %(Q: Dec. 2013 )
=Net Income/Total Assets
=0.504/7.37
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.504 / 15.928)*(15.928 / 7.37)
=Net Margin %*Asset Turnover
=3.16 %*2.1612
=6.84 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) net income data. The Revenue data used here is four times the quarterly (Dec. 2013) 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.


Patimas Computers Bhd Asset Turnover Related Terms

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Patimas Computers Bhd (XKLS:7042) Business Description

Traded in Other Exchanges
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Address
Patimas Computers Bhd is a investment holding company engaged in the provision of management services and provision of computer equipment rental.

Patimas Computers Bhd (XKLS:7042) Headlines

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