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Perry Ellis International (Perry Ellis International) Asset Turnover : 0.33 (As of Jul. 2018)


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What is Perry Ellis International Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Perry Ellis International's Revenue for the three months ended in Jul. 2018 was $199.3 Mil. Perry Ellis International's Total Assets for the quarter that ended in Jul. 2018 was $608.1 Mil. Therefore, Perry Ellis International's Asset Turnover for the quarter that ended in Jul. 2018 was 0.33.

Asset Turnover is linked to ROE % through Du Pont Formula. Perry Ellis International's annualized ROE % for the quarter that ended in Jul. 2018 was -3.38%. It is also linked to ROA % through Du Pont Formula. Perry Ellis International's annualized ROA % for the quarter that ended in Jul. 2018 was -2.15%.


Perry Ellis International Asset Turnover Historical Data

The historical data trend for Perry Ellis International'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.

Perry Ellis International Asset Turnover Chart

Perry Ellis International Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.28 1.38 1.42 1.43

Perry Ellis International Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 0.35 0.35 0.38 0.39 0.33

Competitive Comparison of Perry Ellis International's Asset Turnover

For the Apparel Manufacturing subindustry, Perry Ellis International'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.


Perry Ellis International's Asset Turnover Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Perry Ellis International's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Perry Ellis International's Asset Turnover falls into.



Perry Ellis International Asset Turnover Calculation

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

Perry Ellis International's Asset Turnover for the fiscal year that ended in Jan. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2018 )/( (Total Assets (A: Jan. 2017 )+Total Assets (A: Jan. 2018 ))/ count )
=874.853/( (592.705+634.162)/ 2 )
=874.853/613.4335
=1.43

Perry Ellis International's Asset Turnover for the quarter that ended in Jul. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jul. 2018 )/( (Total Assets (Q: Apr. 2018 )+Total Assets (Q: Jul. 2018 ))/ count )
=199.277/( (661.528+554.666)/ 2 )
=199.277/608.097
=0.33

* 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.


Perry Ellis International  (NAS:PERY) Asset Turnover Explanation

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

Perry Ellis International's annulized ROE % for the quarter that ended in Jul. 2018 is

ROE %**(Q: Jul. 2018 )
=Net Income/Total Stockholders Equity
=-13.06/386.0895
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-13.06 / 797.108)*(797.108 / 608.097)*(608.097/ 386.0895)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.64 %*1.3108*1.575
=ROA %*Equity Multiplier
=-2.15 %*1.575
=-3.38 %

Note: The Net Income data used here is four times the quarterly (Jul. 2018) net income data. The Revenue data used here is four times the quarterly (Jul. 2018) 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:

Perry Ellis International's annulized ROA % for the quarter that ended in Jul. 2018 is

ROA %(Q: Jul. 2018 )
=Net Income/Total Assets
=-13.06/608.097
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-13.06 / 797.108)*(797.108 / 608.097)
=Net Margin %*Asset Turnover
=-1.64 %*1.3108
=-2.15 %

Note: The Net Income data used here is four times the quarterly (Jul. 2018) net income data. The Revenue data used here is four times the quarterly (Jul. 2018) 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.


Perry Ellis International Asset Turnover Related Terms

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Perry Ellis International (Perry Ellis International) Business Description

Traded in Other Exchanges
N/A
Address
Perry Ellis manufactures apparel and accessories that it sells under its own brand names or via licensed brands. Notable company-owned brands include Original Penguin and Perry Ellis. Licenses are primarily for golf apparel or swimwear. The company is the official apparel licensee for Callaway Golf and the official swimwear licensee in North America for Nike. Perry Ellis primarily distributes its products to wholesale customers, which sell through channels including department stores, specialty stores, sporting goods stores, and e-commerce. The company also maintains its own Perry Ellis and Original Penguin retail stores. The majority of the firm's revenue is generated in the men's sportswear and swim segment and from sales in the United States.
Executives
Bruce J Klatsky director 3000 NW 107TH AVENUE, MIAMI FL 33172
Michael W Rayden director
Jane E. Deflorio director 3000 N.W. 107TH AVENUE, MIAMI FL 33172
Anita D Britt officer: Chief Financial Officer 3000 NW 107TH AVENUE, MIAMI FL 33172
Barry S Gluck director
George Pita officer: Sr. Vice President - Finance 3000 NW 107TH AVENUE, MIAMI FL 33172
Timothy B Page officer: Chief Financial Officer 3000 NW 107TH AVE MIAMI FL 33172
De Cardenas Alberto I officer: Senior VP and General Counsel 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134