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Chesapeake Lodging Trust (Chesapeake Lodging Trust) Asset Turnover : 0.08 (As of Jun. 2019)


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What is Chesapeake Lodging Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Chesapeake Lodging Trust's Revenue for the three months ended in Jun. 2019 was $159.0 Mil. Chesapeake Lodging Trust's Total Assets for the quarter that ended in Jun. 2019 was $1,951.4 Mil. Therefore, Chesapeake Lodging Trust's Asset Turnover for the quarter that ended in Jun. 2019 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Chesapeake Lodging Trust's annualized ROE % for the quarter that ended in Jun. 2019 was 7.07%. It is also linked to ROA % through Du Pont Formula. Chesapeake Lodging Trust's annualized ROA % for the quarter that ended in Jun. 2019 was 3.74%.


Chesapeake Lodging Trust Asset Turnover Historical Data

The historical data trend for Chesapeake Lodging Trust'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.

Chesapeake Lodging Trust Asset Turnover Chart

Chesapeake Lodging Trust Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.29 0.31 0.30 0.30 0.31

Chesapeake Lodging Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.08 0.08 0.07 0.07 0.08

Competitive Comparison of Chesapeake Lodging Trust's Asset Turnover

For the REIT - Hotel & Motel subindustry, Chesapeake Lodging Trust'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.


Chesapeake Lodging Trust's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chesapeake Lodging Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Chesapeake Lodging Trust's Asset Turnover falls into.



Chesapeake Lodging Trust Asset Turnover Calculation

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

Chesapeake Lodging Trust's Asset Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=597.172/( (1975.36+1909.077)/ 2 )
=597.172/1942.2185
=0.31

Chesapeake Lodging Trust's Asset Turnover for the quarter that ended in Jun. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=158.977/( (1955.571+1947.277)/ 2 )
=158.977/1951.424
=0.08

* 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.


Chesapeake Lodging Trust  (NYSE:CHSP) Asset Turnover Explanation

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

Chesapeake Lodging Trust's annulized ROE % for the quarter that ended in Jun. 2019 is

ROE %**(Q: Jun. 2019 )
=Net Income/Total Stockholders Equity
=72.964/1032.6845
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(72.964 / 635.908)*(635.908 / 1951.424)*(1951.424/ 1032.6845)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.47 %*0.3259*1.8897
=ROA %*Equity Multiplier
=3.74 %*1.8897
=7.07 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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:

Chesapeake Lodging Trust's annulized ROA % for the quarter that ended in Jun. 2019 is

ROA %(Q: Jun. 2019 )
=Net Income/Total Assets
=72.964/1951.424
=(Net Income / Revenue)*(Revenue / Total Assets)
=(72.964 / 635.908)*(635.908 / 1951.424)
=Net Margin %*Asset Turnover
=11.47 %*0.3259
=3.74 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Chesapeake Lodging Trust Asset Turnover Related Terms

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Chesapeake Lodging Trust (Chesapeake Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
4300 Wilson Boulevard, Suite 625, Arlington, VA, USA, 22203
Chesapeake Lodging Trust is a real estate investment trust that invests in upper-upscale hotels in business and convention markets and, selectively, premium select-service hotels in urban settings and other locations in the United States. The company operates through its hotel ownership segment. The firm's operations include management agreements, which includes partnering with third parties to manage its hotels; franchise agreements; and TRS lease agreements, which are intercompany agreements between Chesapeake's property-owning subsidiaries and its TRS lessees. The company's revenue streams include room, food and beverage, and other, of which the room segment contributes the vast majority of total revenue.
Executives
Thomas D Eckert director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
John W Hill director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
James L Francis director, officer: President & CEO 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Douglas W Vicari director, officer: EVP & CFO 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Thomas A Natelli director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
D Rick Adams officer: EVP & COO 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jeffrey D Nuechterlein director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Graham J. Wootten officer: SVP, CAO & Secretary C/O CHESAPEAKE LODGING TRUST, 1997 ANNAPOLIS EXCHANGE PARKWAY, ANNAPOLIS MD 21401
Angelique G. Brunner director C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203
George F Mckenzie director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Geoffrey Hulme 10 percent owner C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
A Alex Porter 10 percent owner C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Paul E Orlin 10 percent owner C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Jonathan W Friedland 10 percent owner C/O PORTER ORLIN LLC, 666 FIFTH AVENUE, 34TH FLOOR, NEW YORK NY 10103
Porter Orlin Llc 10 percent owner 666 FIFTH AVENUE, SUITE 3403, NEW YORK NY 10103

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