Equity turnover ratio of the largest Russian wholesalers of information technology and telecommunications equipment

ranking 02/04/2018

Information agency Credinform prepared a ranking of the largest Russian wholesalers of information technology and telecommunications equipment. Companies with the highest volume of revenue (TOP-10) were selected for the ranking, according to the data from the Statistical Register for the latest available periods (2016 and 2015). The enterprises were ranked by equity turnover ratio (Table 1). The analysis was based on data from the Information and Analytical system Globas.

Equity turnover ratio (times) is calculated as a relation of revenue to annual average sum of equity and demonstrates the company’s usage rate of all available assets.

Equity turnover ratio reflects the turnover rate of own capital. High value of the indicator shows the effectiveness of use of own funds. Accordingly, low ratio value indicates idleness of the part of own funds.

Taking into account the actual situation both in economy in general and in the sector, the experts of the Information agency Credinform have developed and implemented in the Information and Analytical system Globas the calculation of practical values of financial ratios, which can be recognized as normal for a particular industry. The practical value of assets turnover ratio for wholesalers of information technology and telecommunications equipment in 2016 is from 15,23 times.

For the most complete and objective view of the financial condition of the enterprise it is necessary to pay attention to the complex indicators and financial ratios of the company.

able 1. Net profit, revenue, equity turnover ratio, solvency index Globas of the largest Russian wholesalers of information technology and telecommunications equipment (TOP-10)
Name, INN, region Revenue, mln RUB Net profit, mln RUB Equity turnover ratio, times Solvency index Globas
2015 2016 2015 2016 2015 2016
1 2 3 4 5 6 7 8
LLC MADZHESTIK
INN 7701621619
Moscow
15 981,6 11 867,4 1,7 4,5 2 946,74 1 390,11 213 Strong
LLC BERKS
INN 7743856281
Moscow
8 770,5 29 988,3 12,8 20,4 730,08 710,45 240 Strong
LLC SOYUZUNIVERSAL
INN 7701153505
Moscow
27 374,7 25 208,6 200,0 -68,3 203,83 125,95 550 Insufficient
(bankruptcy case is considering)
LLC MARVEL KT
INN 7811365157
Moscow
28 674,9 63 877,9 122,1 2 407,6 223,32 64,85 211 Strong
LLC O-C-S-TSENTR
INN 7701341820
Moscow
73 934,8 92 616,8 773,5 999,6 18,75 19,99 213 Strong
LLC APPLE RUS
INN 7707767220
Moscow
74 520,9 123 565,1 7,2 6 452,2 14,08 9,98 196 High
JSC JET INFOSYSTEMS
INN 7729058675
Moscow
10 204,5 13 443,2 542,5 1 338,5 12,55 7,98 162 Superior
JSC CROC INCORPORATED
INN 7701004101
Moscow
23 090,1 24 095,8 383,2 353,1 7,06 7,24 188 High
JSC ASTEROS
INN 7721163646
Moscow
9 383,8 10 556,6 252,2 269,4 6,42 6,42 212 Strong
LLC MARVEL COMPANY
INN 7811070820
Moscow
12 646,2 11 147,5 9,4 -1 081,6 39,53 -51,55 600 Insufficient
(in process of liquidation, 01.06.2017)
Total for TOP-10 284 582,1 406 367,0 2 304,6 10 695,4      
Average value for TOP-10 companies 28 458,2 40 636,7 230,5 1 069,5 420,24 229,14  
Average value for industry 161,1 155,1 0,7 23,7 19,70 11,91  

Average value of equity turnover ratio for TOP-10 is notably higher than the industry average. Compared to the previous period, two companies in TOP-10 have increased revenue and net profit figures (marked with green in columns 2 – 5 Table 1). The rest of companies decreased revenue or net profit, or have losses (filled with red in columns 2 – 5 Table 1).

Picture 1. Equity turnover ratio and revenue of the largest Russian wholesalers of information technology and telecommunications equipment (TOP-10) Picture 1. Equity turnover ratio and revenue of the largest Russian wholesalers of information technology and telecommunications equipment (TOP-10)

The average industry indicators of equity turnover ratio over the past 10 years were above practical value of 2016 with trend to decrease (Picture 2).

Picture 2. Change in average industry values of equity turnover ratio of the largest Russian wholesalers of information technology and telecommunications equipment in 2007 – 2016 Picture 2. Change in average industry values of equity turnover ratio of the largest Russian wholesalers of information technology and telecommunications equipment in 2007 – 2016