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Kemper (Kemper) Asset Turnover : 0.09 (As of Dec. 2023)


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What is Kemper Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Kemper's Revenue for the three months ended in Dec. 2023 was $1,180 Mil. Kemper's Total Assets for the quarter that ended in Dec. 2023 was $12,646 Mil. Therefore, Kemper's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Kemper's annualized ROE % for the quarter that ended in Dec. 2023 was 8.45%. It is also linked to ROA % through Du Pont Formula. Kemper's annualized ROA % for the quarter that ended in Dec. 2023 was 1.63%.


Kemper Asset Turnover Historical Data

The historical data trend for Kemper'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.

Kemper Asset Turnover Chart

Kemper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.38 0.38 0.39 0.38

Kemper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.10 0.10 0.10 0.09 0.09

Competitive Comparison of Kemper's Asset Turnover

For the Insurance - Property & Casualty subindustry, Kemper'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.


Kemper's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kemper's Asset Turnover distribution charts can be found below:

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



Kemper Asset Turnover Calculation

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

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=4914.7/( (13313.6+12742.7)/ 2 )
=4914.7/13028.15
=0.38

Kemper's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1180.2/( (12549.3+12742.7)/ 2 )
=1180.2/12646
=0.09

* 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.


Kemper  (NYSE:KMPR) Asset Turnover Explanation

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

Kemper's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=205.6/2433.25
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(205.6 / 4720.8)*(4720.8 / 12646)*(12646/ 2433.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=4.36 %*0.3733*5.1972
=ROA %*Equity Multiplier
=1.63 %*5.1972
=8.45 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Kemper's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=205.6/12646
=(Net Income / Revenue)*(Revenue / Total Assets)
=(205.6 / 4720.8)*(4720.8 / 12646)
=Net Margin %*Asset Turnover
=4.36 %*0.3733
=1.63 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Kemper Asset Turnover Related Terms

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


Kemper (Kemper) Business Description

Traded in Other Exchanges
N/A
Address
200 East Randolph Street, Suite 3300, Chicago, IL, USA, 60601
Kemper Corp is a diversified insurance company that provides services in property and casualty insurance, along with life and health insurance. The company's property and casualty segment offers personal and commercial lines for home and automotive products. It conducts its operations through three operating segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.
Executives
Alberto J Paracchini director 180 NORTH LASALLE STREET, SUITE 300, CHICAGO IL 60601
Lacher Joseph P Jr director, officer: President and CEO KEMPER CORPORATION, 200 EAST RANDOLPH STREET, CHICAGO IL 60601
George N Cochran director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Stuart B. Parker director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Bradley T Camden officer: SVP and Interim CFO 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Christopher Wade Flint officer: EVP, President, Kemper Life 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Susan D Whiting director C/O ALLIANT ENERGY CORPORATION, PO BOX 14720, MADISON WI 53708-0720
Matthew A Hunton other: Sr. Vice President 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Robert Joseph Joyce director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
James Allen Alexander officer: Chief Accounting Officer 200 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Jason N Gorevic director
Timmy L Stonehocker other: Sr. Vice President 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Anastasios Omiridis officer: SVP, Deputy CFO &, Principal Accounting Officer 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
John Michael Boschelli officer: Treasurer 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Mark A. Green officer: President, Life & Health Div. 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601