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Knoll (KNL) Asset Turnover : 0.18 (As of Mar. 2021)


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What is Knoll Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Knoll's Revenue for the three months ended in Mar. 2021 was $264 Mil. Knoll's Total Assets for the quarter that ended in Mar. 2021 was $1,452 Mil. Therefore, Knoll's Asset Turnover for the quarter that ended in Mar. 2021 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Knoll's annualized ROE % for the quarter that ended in Mar. 2021 was -1.25%. It is also linked to ROA % through Du Pont Formula. Knoll's annualized ROA % for the quarter that ended in Mar. 2021 was -0.52%.


Knoll Asset Turnover Historical Data

The historical data trend for Knoll'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.

Knoll Asset Turnover Chart

Knoll Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.32 1.25 1.11 0.88

Knoll Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.24 0.19 0.23 0.22 0.18

Competitive Comparison of Knoll's Asset Turnover

For the Business Equipment & Supplies subindustry, Knoll'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.


Knoll's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Knoll's Asset Turnover distribution charts can be found below:

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



Knoll Asset Turnover Calculation

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

Knoll's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1236.4/( (1357.9+1453.1)/ 2 )
=1236.4/1405.5
=0.88

Knoll's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=264.2/( (1453.1+1451.3)/ 2 )
=264.2/1452.2
=0.18

* 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.


Knoll  (NYSE:KNL) Asset Turnover Explanation

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

Knoll's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=-7.6/608.15
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.6 / 1056.8)*(1056.8 / 1452.2)*(1452.2/ 608.15)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.72 %*0.7277*2.3879
=ROA %*Equity Multiplier
=-0.52 %*2.3879
=-1.25 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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:

Knoll's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=-7.6/1452.2
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.6 / 1056.8)*(1056.8 / 1452.2)
=Net Margin %*Asset Turnover
=-0.72 %*0.7277
=-0.52 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


Knoll Asset Turnover Related Terms

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


Knoll (KNL) Business Description

Traded in Other Exchanges
N/A
Address
1235 Water Street, East Greenville, PA, USA, 18041
Knoll Inc designs and manufactures appliances for use both in the workplace and at home. The company's product portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements, via the brand's Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck, Edelman Leather, and Holly Hunt. Knoll operates through Office and Lifestyle and Corporate segments.
Executives
Global Furniture Holdings S.a R.l 10 percent owner 23 AVENUE MONTEREY LUXEMBOURG N4 L-2163
David L Schutte officer: EVP - Lifestyle C/O KNOLL, INC. 1235 WATER STREET EAST GREENVILLE PA 18041
Stephanie Stahl director C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Investindustrial Advisors Ltd 10 percent owner 16 PALACE STREET LONDON X0 SW1E 5JD
Global Furniture Investments S.a R.l. 10 percent owner 23, AVENUE MONTEREY LUXEMBOURG N4 L-2163
Investments Sarl Furniture 10 percent owner 23 AVENUE MONTEREY LUXEMBOURG N4 L-2163
Furniture Investments Management S.a R.l 10 percent owner 23, AVENUE MONTEREY LUXEMBOURG N4 L-2163
Furniture Investments Acquisitions S.c.s. 10 percent owner 23 AVENUE MONTEREY LUXEMBOURG N4 L-2163
Investindustrial Vii L.p. 10 percent owner 16 PALACE STREET LONDON X0 SW1E 5JD
Ronald R Kass director C/O KNOLL, INC. 1235 WATER STREET EAST GREENVILLE PA 18041
Daniel W Dienst director 325 N. LASALLE ST., SUITE 550, CHICAGO IL 60610
Stephen F Fisher director C/O ENTERCOM COMMUNICATIONS CORP., 401 CITY AVENUE, SUITE 809, BALA CYNWYD PA 19004
Christopher G Kennedy director C/O INTERFACE INC, 2859 PACES FERRY ROAD SUITE 2000, ATLANTA GA 30339
Jeffrey Harris director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sarah E Nash director 200 MILIK STREET, CARTERET NJ 07008