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BBQ Holdings (BBQ Holdings) Asset Turnover : 0.37 (As of Jun. 2022)


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What is BBQ Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BBQ Holdings's Revenue for the three months ended in Jun. 2022 was $79.9 Mil. BBQ Holdings's Total Assets for the quarter that ended in Jun. 2022 was $219.1 Mil. Therefore, BBQ Holdings's Asset Turnover for the quarter that ended in Jun. 2022 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. BBQ Holdings's annualized ROE % for the quarter that ended in Jun. 2022 was 24.25%. It is also linked to ROA % through Du Pont Formula. BBQ Holdings's annualized ROA % for the quarter that ended in Jun. 2022 was 7.63%.


BBQ Holdings Asset Turnover Historical Data

The historical data trend for BBQ Holdings'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.

BBQ Holdings Asset Turnover Chart

BBQ Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.46 1.50 1.14 1.20

BBQ Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.30 0.32 0.35 0.32 0.37

Competitive Comparison of BBQ Holdings's Asset Turnover

For the Restaurants subindustry, BBQ Holdings'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.


BBQ Holdings's Asset Turnover Distribution in the Restaurants Industry

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

* The bar in red indicates where BBQ Holdings's Asset Turnover falls into.



BBQ Holdings Asset Turnover Calculation

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

BBQ Holdings's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=206.442/( (140.268+204.423)/ 2 )
=206.442/172.3455
=1.20

BBQ Holdings's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=79.938/( (203.691+234.605)/ 2 )
=79.938/219.148
=0.36

* 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.


BBQ Holdings  (NAS:BBQ) Asset Turnover Explanation

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

BBQ Holdings's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=16.716/68.9295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.716 / 319.752)*(319.752 / 219.148)*(219.148/ 68.9295)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.23 %*1.4591*3.1793
=ROA %*Equity Multiplier
=7.63 %*3.1793
=24.25 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

BBQ Holdings's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=16.716/219.148
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.716 / 319.752)*(319.752 / 219.148)
=Net Margin %*Asset Turnover
=5.23 %*1.4591
=7.63 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


BBQ Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of BBQ Holdings's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


BBQ Holdings (BBQ Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12701 Whitewater Drive, Suite 100, Minnetonka, MN, USA, 55343
BBQ Holdings Inc operates restaurants, which offer full table service, feature wood-smoked and off-the-grill entree favorites that fit into the barbeque category. It has company-owned and franchise-operated restaurants in the United States, Canada, and the UAE and it operates within the industry segment of foodservice. Each restaurant features a selection of hickory-smoked and off-the-grill barbecue favorites, such as flame-grilled St. Louis-style and baby back ribs, Texas beef brisket, Georgia chopped pork, country-roasted chicken, and signature sandwiches and salads. Its restaurants offer side items, such as cornbread, potato salad, coleslaw, Shack Fries, and Wilbur Beans.
Executives
Kanen Wealth Management Llc 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Jeffrey Crivello director 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Bryan Lowell Wolff director C/O FAMOUS DAVE'S OF AMERICA, INC., 12701 WHITEWATER DRIVE, SUITE 200, MINNETONKA MN 55343
Albert W. Hank officer: Chief Operating Officer 12701 WHITEWATER DRIVE #100, MINNETONKA MN 55343
Jason Schanno officer: Chief Financial Officer 643 2ND AVENUE NW, `FOREST LAKE MN 55025
Rachel Maga director 1815 EAST CARSON STREET, PITTSBURG PA 15203
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
David Kanen 10 percent owner, other: Passive Investor 6429 NW 65TH WAY, PARKLAND FL 33067
James Gerhard Gilbertson officer: CFO 3709 DUNBAR KNOLL, BROOKLYN PARK MN 55443
Pw Partners Atlas Fund Lp other: See Footnote 1 141 W. JACKSON BLVD., SUITE 1702, CHICAGO IL 60604
Peter O. Haeg director 12701 WHITEWATER DR, SUITE 190, MINNETONKA MN 55343
Richard S. Welch director C/O COLONY NORTHSTAR, INC., 515 S. FLOWER STREET, LOS ANGELES CA 90071
Philotimo Fund, Lp 10 percent owner, other: Passive Investor 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Richard A Shapiro director C/O WEXFORD CAPITAL, 411 WEST PUTNAM AVE, SUITE 125, GREENWICH CT 06830
Wexford Focused Investors Llc director, 10 percent owner C/O WEXFORD CAPITAL LP, 411 WEST PUTNAM AVENUE, SUITE 125, GREENWICH CT 06830