Aeries Asset Turnover from 2010 to 2024

AERTW Stock   0.04  0.00  0.00%   
Aeries Technology Asset Turnover yearly trend continues to be fairly stable with very little volatility. Asset Turnover is likely to outpace its year average in 2024. Asset Turnover is the ratio of net sales to average total assets, indicating how efficiently Aeries Technology uses its assets to generate sales. View All Fundamentals
 
Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.46758556
Current Value
1.9
Quarterly Volatility
0.23897098
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aeries Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aeries Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 200 K or Depreciation And Amortization of 1.5 M, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0 or Days Sales Outstanding of 75.78. Aeries financial statements analysis is a perfect complement when working with Aeries Technology Valuation or Volatility modules.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Latest Aeries Technology's Asset Turnover Growth Pattern

Below is the plot of the Asset Turnover of Aeries Technology over the last few years. It is the ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales. Aeries Technology's Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Aeries Technology's overall financial position and show how it may be relating to other accounts over time.
Asset Turnover10 Years Trend
Slightly volatile
   Asset Turnover   
       Timeline  

Aeries Asset Turnover Regression Statistics

Arithmetic Mean2.07
Geometric Mean2.05
Coefficient Of Variation11.56
Mean Deviation0.17
Median2.17
Standard Deviation0.24
Sample Variance0.06
Range0.7068
R-Value(0.62)
Mean Square Error0.04
R-Squared0.39
Significance0.01
Slope(0.03)
Total Sum of Squares0.80

Aeries Asset Turnover History

2024 1.9
2023 1.47
2022 1.54

Other Fundumenentals of Aeries Technology

Aeries Technology Asset Turnover component correlations

-0.80.431.0-0.850.980.940.990.98-0.70.650.911.0-0.790.99-0.87
-0.8-0.85-0.790.99-0.85-0.93-0.85-0.860.99-0.84-0.96-0.831.0-0.840.99
0.43-0.850.44-0.80.570.710.540.58-0.920.560.660.49-0.860.54-0.76
1.0-0.790.44-0.850.990.950.990.98-0.70.630.911.0-0.780.99-0.87
-0.850.99-0.8-0.85-0.89-0.95-0.89-0.90.97-0.85-0.98-0.870.99-0.881.0
0.98-0.850.570.99-0.890.981.01.0-0.780.620.920.99-0.841.0-0.9
0.94-0.930.710.95-0.950.980.980.98-0.880.690.950.96-0.930.98-0.96
0.99-0.850.540.99-0.891.00.981.0-0.770.650.931.0-0.841.0-0.9
0.98-0.860.580.98-0.91.00.981.0-0.790.620.920.99-0.851.0-0.91
-0.70.99-0.92-0.70.97-0.78-0.88-0.77-0.79-0.81-0.9-0.740.99-0.760.95
0.65-0.840.560.63-0.850.620.690.650.62-0.810.880.65-0.840.62-0.87
0.91-0.960.660.91-0.980.920.950.930.92-0.90.880.92-0.950.91-0.99
1.0-0.830.491.0-0.870.990.961.00.99-0.740.650.92-0.821.0-0.89
-0.791.0-0.86-0.780.99-0.84-0.93-0.84-0.850.99-0.84-0.95-0.82-0.830.98
0.99-0.840.540.99-0.881.00.981.01.0-0.760.620.911.0-0.83-0.89
-0.870.99-0.76-0.871.0-0.9-0.96-0.9-0.910.95-0.87-0.99-0.890.98-0.89
Click cells to compare fundamentals

About Aeries Technology Financial Statements

Aeries Technology investors use historical fundamental indicators, such as Aeries Technology's Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Aeries Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 6.65  10.04 
Asset Turnover 1.47  1.90 

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Additional Tools for Aeries Stock Analysis

When running Aeries Technology's price analysis, check to measure Aeries Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aeries Technology is operating at the current time. Most of Aeries Technology's value examination focuses on studying past and present price action to predict the probability of Aeries Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeries Technology's price. Additionally, you may evaluate how the addition of Aeries Technology to your portfolios can decrease your overall portfolio volatility.