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Ply Gem Holdings (Ply Gem Holdings) Asset Turnover : 0.39 (As of Dec. 2017)


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What is Ply Gem Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Ply Gem Holdings's Revenue for the three months ended in Dec. 2017 was $517 Mil. Ply Gem Holdings's Total Assets for the quarter that ended in Dec. 2017 was $1,337 Mil. Therefore, Ply Gem Holdings's Asset Turnover for the quarter that ended in Dec. 2017 was 0.39.

Asset Turnover is linked to ROE % through Du Pont Formula. Ply Gem Holdings's annualized ROE % for the quarter that ended in Dec. 2017 was 79.15%. It is also linked to ROA % through Du Pont Formula. Ply Gem Holdings's annualized ROA % for the quarter that ended in Dec. 2017 was 4.36%.


Ply Gem Holdings Asset Turnover Historical Data

The historical data trend for Ply Gem Holdings'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.

Ply Gem Holdings Asset Turnover Chart

Ply Gem Holdings Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.37 1.46 1.52 1.60

Ply Gem Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.36 0.34 0.43 0.42 0.39

Competitive Comparison of Ply Gem Holdings's Asset Turnover

For the Building Materials subindustry, Ply Gem Holdings'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.


Ply Gem Holdings's Asset Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ply Gem Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Ply Gem Holdings's Asset Turnover falls into.



Ply Gem Holdings Asset Turnover Calculation

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

Ply Gem Holdings's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=2056.303/( (1257.741+1319.567)/ 2 )
=2056.303/1288.654
=1.60

Ply Gem Holdings's Asset Turnover for the quarter that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Sep. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=516.858/( (1354.121+1319.567)/ 2 )
=516.858/1336.844
=0.39

* 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.


Ply Gem Holdings  (NYSE:PGEM) Asset Turnover Explanation

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

Ply Gem Holdings's annulized ROE % for the quarter that ended in Dec. 2017 is

ROE %**(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=58.284/73.641
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(58.284 / 2067.432)*(2067.432 / 1336.844)*(1336.844/ 73.641)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.82 %*1.5465*18.1535
=ROA %*Equity Multiplier
=4.36 %*18.1535
=79.15 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) net income data. The Revenue data used here is four times the quarterly (Dec. 2017) 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:

Ply Gem Holdings's annulized ROA % for the quarter that ended in Dec. 2017 is

ROA %(Q: Dec. 2017 )
=Net Income/Total Assets
=58.284/1336.844
=(Net Income / Revenue)*(Revenue / Total Assets)
=(58.284 / 2067.432)*(2067.432 / 1336.844)
=Net Margin %*Asset Turnover
=2.82 %*1.5465
=4.36 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) net income data. The Revenue data used here is four times the quarterly (Dec. 2017) 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.


Ply Gem Holdings Asset Turnover Related Terms

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


Ply Gem Holdings (Ply Gem Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Ply Gem Holdings Inc is a manufacturer of exterior building products in North America. The company operates two business segments: siding, fencing, and stone; and windows and doors. The range of products include vinyl siding, designer accents, cellular PVC trim, vinyl fencing, vinyl railing, stone veneer, roofing, vinyl windows and doors, vinyl and aluminium soffits, siding accessories, aluminium trim coil, wood windows, aluminium windows, and steel and fiberglass doors. Ply Gem serves the new construction, home repair, and remodeling markets in the United States and Canada. Both segments contribute equally to revenue.
Executives
Frederick J Iseman director, 10 percent owner CI CAPITAL PARTNERS LLC, 500 PARK AVENUE, 8TH FLOOR, NEW YORK NY 10022
Gary E Robinette director, 10 percent owner, officer: President, CEO and Chairman 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Michael P Haley director 200 NORTH HAMILTON STREET, NO. 200, HIGH POINT NC 27260
Janice E Stipp director 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301
Timothy D Johnson 10 percent owner, officer: SVP and General Counsel 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Jeffrey T Barber director 6501 WESTON PARKWAY, SUITE 200 CARY NC 27513
John L Buckley 10 percent owner, officer: President, Siding Group 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Arthur W. Steinhafel officer: Pres., U.S. Windows and Doors C/O PLYGEM HOLDINGS, INC. 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Shawn K Poe 10 percent owner, officer: EVP and CFO 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
John D Roach director PMI GROUP INC, 601 MONTGOMERY ST, SAN FRANCISCO CA 94111

Ply Gem Holdings (Ply Gem Holdings) Headlines