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ARC Group (ARC Group) Asset Turnover : 0.31 (As of Dec. 2019)


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What is ARC Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. ARC Group's Revenue for the three months ended in Dec. 2019 was $16.27 Mil. ARC Group's Total Assets for the quarter that ended in Dec. 2019 was $52.05 Mil. Therefore, ARC Group's Asset Turnover for the quarter that ended in Dec. 2019 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. ARC Group's annualized ROE % for the quarter that ended in Dec. 2019 was 603.71%. It is also linked to ROA % through Du Pont Formula. ARC Group's annualized ROA % for the quarter that ended in Dec. 2019 was -10.31%.


ARC Group Asset Turnover Historical Data

The historical data trend for ARC Group'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.

ARC Group Asset Turnover Chart

ARC Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 2.22 9.33 1.25 0.58

ARC Group Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.34 0.28 0.23 0.22 0.31

Competitive Comparison of ARC Group's Asset Turnover

For the Restaurants subindustry, ARC Group'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.


ARC Group's Asset Turnover Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, ARC Group's Asset Turnover distribution charts can be found below:

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



ARC Group Asset Turnover Calculation

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

ARC Group's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=29.091/( (14.673+86.082)/ 2 )
=29.091/50.3775
=0.58

ARC Group's Asset Turnover for the quarter that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=16.271/( (18.021+86.082)/ 2 )
=16.271/52.0515
=0.31

* 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.


ARC Group  (GREY:RLLY) Asset Turnover Explanation

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

ARC Group's annulized ROE % for the quarter that ended in Dec. 2019 is

ROE %**(Q: Dec. 2019 )
=Net Income/Total Stockholders Equity
=-5.364/-0.8885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-5.364 / 65.084)*(65.084 / 52.0515)*(52.0515/ -0.8885)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.24 %*1.2504*-58.5836
=ROA %*Equity Multiplier
=-10.31 %*-58.5836
=603.71 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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:

ARC Group's annulized ROA % for the quarter that ended in Dec. 2019 is

ROA %(Q: Dec. 2019 )
=Net Income/Total Assets
=-5.364/52.0515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.364 / 65.084)*(65.084 / 52.0515)
=Net Margin %*Asset Turnover
=-8.24 %*1.2504
=-10.31 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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.


ARC Group Asset Turnover Related Terms

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


ARC Group (ARC Group) Business Description

Traded in Other Exchanges
N/A
Address
1409 Kinsley Avenue, Suite 2, Orange Park, FL, USA, 32073
ARC Group Inc is a Florida based holding company focused on the casual dining restaurant industry. It has two reportable segments, company-owned restaurants, and franchise operations. Company-owned restaurants are casual dining restaurants that consist of several brands such as Dick's Wings and Grill, Fat Patty's and Tilted Kilt Eatery and Pub. The company only offers franchises for Dick's Wings brand. Geographically, it operates in Florida, Georgia, Kentucky, Louisiana, and West Virginia. It generates a vast majority of revenues from the company-owned restaurants in the Florida region.
Executives
Ketan B. Pandya director 9600 AIRE LIBRE DRIVE AUSTIN TX 78726
Fred D. Alexander director 4400 AMBASSADOR CAFFERY PARKWAY SUITE A, BOX 347 LAFAYETTE LA 70508
Joseph John Dominiak officer: Chief Operating Officer 7133 CHAMPIONS LANE WEST CHESTER OH 45069
Alex Andre officer: Chief Financial Officer 15892 W. 59TH AVE. GOLDEN CO 80403
Seenu G. Kasturi director, 10 percent owner, officer: CEO and CFO 4400 AMBASSADOR CAFFERY PARKWAY SUITE A, BOX 347 LAFAYETTE LA 70508
Richard W. Akam officer: CEO, COO & Secretary 264 KINGSTON DRIVE ST. AUGUSTINE FL 32084
Leopold Ii William D. 10 percent owner 3551 EAST THIRD ROAD LASALLE IL 61301
Daniel Slone officer: Chief Financial Officer 2513 COCO PALM DRIVE NEW IBERIA LA 70563
Michael P Rosenberger director, 10 percent owner, officer: CEO, CFO, Secretary 12763 CLEAR SPRINGS #1 JACKSONVILLE FL 32225