GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nu Skin Enterprises Inc (NYSE:NUS) » Definitions » Asset Turnover

Nu Skin Enterprises (Nu Skin Enterprises) Asset Turnover : 0.27 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Nu Skin Enterprises Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Nu Skin Enterprises's Revenue for the three months ended in Dec. 2023 was $489 Mil. Nu Skin Enterprises's Total Assets for the quarter that ended in Dec. 2023 was $1,800 Mil. Therefore, Nu Skin Enterprises's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Nu Skin Enterprises's annualized ROE % for the quarter that ended in Dec. 2023 was 3.54%. It is also linked to ROA % through Du Pont Formula. Nu Skin Enterprises's annualized ROA % for the quarter that ended in Dec. 2023 was 1.62%.


Nu Skin Enterprises Asset Turnover Historical Data

The historical data trend for Nu Skin Enterprises'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.

Nu Skin Enterprises Asset Turnover Chart

Nu Skin Enterprises 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 1.40 1.39 1.40 1.19 1.09

Nu Skin Enterprises 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 0.29 0.26 0.27 0.27 0.27

Competitive Comparison of Nu Skin Enterprises's Asset Turnover

For the Household & Personal Products subindustry, Nu Skin Enterprises'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.


Nu Skin Enterprises's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nu Skin Enterprises's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Nu Skin Enterprises's Asset Turnover falls into.



Nu Skin Enterprises Asset Turnover Calculation

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

Nu Skin Enterprises'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 )
=1969.131/( (1820.97+1806.463)/ 2 )
=1969.131/1813.7165
=1.09

Nu Skin Enterprises'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 )
=488.64/( (1793.091+1806.463)/ 2 )
=488.64/1799.777
=0.27

* 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.


Nu Skin Enterprises  (NYSE:NUS) Asset Turnover Explanation

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

Nu Skin Enterprises's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=29.128/822.0775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(29.128 / 1954.56)*(1954.56 / 1799.777)*(1799.777/ 822.0775)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.49 %*1.086*2.1893
=ROA %*Equity Multiplier
=1.62 %*2.1893
=3.54 %

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:

Nu Skin Enterprises's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=29.128/1799.777
=(Net Income / Revenue)*(Revenue / Total Assets)
=(29.128 / 1954.56)*(1954.56 / 1799.777)
=Net Margin %*Asset Turnover
=1.49 %*1.086
=1.62 %

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.


Nu Skin Enterprises Asset Turnover Related Terms

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


Nu Skin Enterprises (Nu Skin Enterprises) Business Description

Traded in Other Exchanges
Address
75 West Center Street, Provo, UT, USA, 84601
Nu Skin Enterprises Inc is a health and beauty direct-selling company with a comprehensive product line: anti-aging skin products; peels, masks, and scrubs; moisturizers; body care; hair care; men's care; oral care; sun protection; and cosmetics. The company has three main product divisions: anti-aging, skin, and pharmaceuticals. The pharmaceuticals division offers nutritionals, weight-management products, and food supplements. The company has operations internationally, in more than 50 countries across the Americas, Europe, and the Asia-Pacific.
Executives
Andrew D Lipman director NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Laura Nathanson director C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Edwina D Woodbury director
Steven Keith Hatchett officer: SVP, Global Products C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Mark H Lawrence officer: Chief Financial Officer 75 WEST CENTER STREET, PROVO X1 84601
Joseph Y Chang officer: President-Pharmanex Division NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Ryan S Napierski officer: Pres Global Sales & Operations C/O NU SKIN ENTERPRISES INC, 75 WEST CENTER STREEET, PROVO UT 84601
James D Thomas officer: Chief Accounting Officer C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Steven Lund director NU SKIN ENTERPRISES INC, 75 WEST CENTER STREET, PROVO UT 84601
Jeffrey Clark Bettinger officer: SVP, People and Places Officer C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Chayce David Clark officer: EVP and General Counsel C/O NU SKIN ENTERPRISES, INC., 75 W CENTER STREET, PROVO UT 84601
D Matthew Dorny officer: Vice President, other: General Counsel C/O NU SKIN ENTERPRISES, 75 W CENTER ST, PROVO UT 84601
Tang Connie Mang Yee officer: EVP Chief Global Growth &, Customer Experience Officer C/O NU SKIN ENTERPRISES, INC., 75 W CENTER STREET, PROVO UT 84601
Daniel W Campbell director NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601