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Greenbrier (Greenbrier) Asset Turnover : 0.21 (As of Feb. 2024)


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What is Greenbrier Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Greenbrier's Revenue for the three months ended in Feb. 2024 was $863 Mil. Greenbrier's Total Assets for the quarter that ended in Feb. 2024 was $4,029 Mil. Therefore, Greenbrier's Asset Turnover for the quarter that ended in Feb. 2024 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. Greenbrier's annualized ROE % for the quarter that ended in Feb. 2024 was 10.38%. It is also linked to ROA % through Du Pont Formula. Greenbrier's annualized ROA % for the quarter that ended in Feb. 2024 was 3.32%.


Greenbrier Asset Turnover Historical Data

The historical data trend for Greenbrier'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.

Greenbrier Asset Turnover Chart

Greenbrier Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.91 0.53 0.82 1.01

Greenbrier Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.29 0.26 0.26 0.20 0.21

Competitive Comparison of Greenbrier's Asset Turnover

For the Railroads subindustry, Greenbrier'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.


Greenbrier's Asset Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Greenbrier's Asset Turnover distribution charts can be found below:

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



Greenbrier Asset Turnover Calculation

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

Greenbrier's Asset Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=3944/( (3851.5+3978.4)/ 2 )
=3944/3914.95
=1.01

Greenbrier's Asset Turnover for the quarter that ended in Feb. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=862.7/( (4014.7+4043.6)/ 2 )
=862.7/4029.15
=0.21

* 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.


Greenbrier  (NYSE:GBX) Asset Turnover Explanation

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

Greenbrier's annulized ROE % for the quarter that ended in Feb. 2024 is

ROE %**(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=133.6/1286.95
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(133.6 / 3450.8)*(3450.8 / 4029.15)*(4029.15/ 1286.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.87 %*0.8565*3.1308
=ROA %*Equity Multiplier
=3.32 %*3.1308
=10.38 %

Note: The Net Income data used here is four times the quarterly (Feb. 2024) net income data. The Revenue data used here is four times the quarterly (Feb. 2024) 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:

Greenbrier's annulized ROA % for the quarter that ended in Feb. 2024 is

ROA %(Q: Feb. 2024 )
=Net Income/Total Assets
=133.6/4029.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(133.6 / 3450.8)*(3450.8 / 4029.15)
=Net Margin %*Asset Turnover
=3.87 %*0.8565
=3.32 %

Note: The Net Income data used here is four times the quarterly (Feb. 2024) net income data. The Revenue data used here is four times the quarterly (Feb. 2024) 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.


Greenbrier Asset Turnover Related Terms

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


Greenbrier (Greenbrier) Business Description

Traded in Other Exchanges
Address
One Centerpoint Drive, Suite 200, Lake Oswego, OR, USA, 97035
Greenbrier Companies Inc designs, manufactures, and markets railroad freight car equipment in North America and Europe, marine barges in North America and provides wheel services, railcar refurbishment, and parts, leasing and other services to the railroad. Its segments include Manufacturing, Maintenance Services and Leasing & Management Services. The company generates a majority of its revenue from the manufacturing segment. Geographically, it derives a majority of revenue from the United States.
Executives
Martin Raymond Baker officer: SVP, GC & Compliance Officer ONE CENTERPOINTE DRIVE, SUITE 200, LAKE OSWEGO OR 97035
Patrick J Ottensmeyer director PO BOX 219335, KANSAS CITY MO 64121
Laurie R Dornan officer: SVP, Chief HR Officer ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
Charles J Swindells director ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
Matthew Joseph Meyer officer: SVP, Finance & CAO 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Ricardo Galvan officer: SVP, GRS ONE CENTERPOINTE DR., SUITE 200, LAKE OSWEGO OR 97035
William A Furman officer: Chairman & CEO ONE CENTERPOINTE DR, SUITE 200, LAKE OSWEGO OR 97035
William J. Krueger officer: President, GMO THE GREENBRIER COMPANIES, INC., ONE CENTERPOINTE DR., #200, LAKE OSWEGO OR 97035
Antonio O Garza director 500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701
Brian J Comstock officer: EVP, Sales and Marketing 19262 S REDLAND ROAD, OREGON CITY OR 97045
Donald A Washburn director 222 SW HARRISON STREET, APT 23C, PORTLAND OR 97201
James R Huffines director C/O PLAINSCAPITAL CORPORATION, 2323 VICTORY AVENUE. SUITE 1400, DALLAS TX 75219
Alejandro Centurion officer: EVP and President, GMO ONE CENTERPOINTE AVE., STE. 200, LAKE OSWEGO OR 97035
Mark J Rittenbaum officer: EVP, Chief Comm & Leasing Off
Duane Charles Mcdougall director C/O INFOCUS CORP, 277008 SW PARKWAY AVE, WILSONVILLE OR 97070