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Stillwater Mining Co (Stillwater Mining Co) Asset Turnover : 0.16 (As of Dec. 2016)


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What is Stillwater Mining Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Stillwater Mining Co's Revenue for the three months ended in Dec. 2016 was $215.4 Mil. Stillwater Mining Co's Total Assets for the quarter that ended in Dec. 2016 was $1,317.5 Mil. Therefore, Stillwater Mining Co's Asset Turnover for the quarter that ended in Dec. 2016 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Stillwater Mining Co's annualized ROE % for the quarter that ended in Dec. 2016 was 2.62%. It is also linked to ROA % through Du Pont Formula. Stillwater Mining Co's annualized ROA % for the quarter that ended in Dec. 2016 was 1.83%.


Stillwater Mining Co Asset Turnover Historical Data

The historical data trend for Stillwater Mining Co'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.

Stillwater Mining Co Asset Turnover Chart

Stillwater Mining Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.64 0.69 0.54 0.55

Stillwater Mining Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.13 0.11 0.13 0.15 0.16

Competitive Comparison of Stillwater Mining Co's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Stillwater Mining Co'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.


Stillwater Mining Co's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Stillwater Mining Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Stillwater Mining Co's Asset Turnover falls into.



Stillwater Mining Co Asset Turnover Calculation

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

Stillwater Mining Co's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=711.335/( (1278.389+1327.037)/ 2 )
=711.335/1302.713
=0.55

Stillwater Mining Co's Asset Turnover for the quarter that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=215.397/( (1307.91+1327.037)/ 2 )
=215.397/1317.4735
=0.16

* 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.


Stillwater Mining Co  (NYSE:SWC) Asset Turnover Explanation

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

Stillwater Mining Co's annulized ROE % for the quarter that ended in Dec. 2016 is

ROE %**(Q: Dec. 2016 )
=Net Income/Total Stockholders Equity
=24.084/918.282
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(24.084 / 861.588)*(861.588 / 1317.4735)*(1317.4735/ 918.282)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.8 %*0.654*1.4347
=ROA %*Equity Multiplier
=1.83 %*1.4347
=2.62 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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:

Stillwater Mining Co's annulized ROA % for the quarter that ended in Dec. 2016 is

ROA %(Q: Dec. 2016 )
=Net Income/Total Assets
=24.084/1317.4735
=(Net Income / Revenue)*(Revenue / Total Assets)
=(24.084 / 861.588)*(861.588 / 1317.4735)
=Net Margin %*Asset Turnover
=2.8 %*0.654
=1.83 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Stillwater Mining Co Asset Turnover Related Terms

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


Stillwater Mining Co (Stillwater Mining Co) Business Description

Traded in Other Exchanges
N/A
Address
Stillwater Mining Company is the only platinum-group metals miner in the United States, and one of the producers outside of South Africa and the Russian Federation. The company is engaged in the development, extraction, and processing of platinum-group metals from a geological formation in south-central Montana known as the J-M Reef. Platinum-group metals are rare precious metals used in a wide variety of applications, including automobile catalysts, fuel cells, hydrogen purification, electronics, jewellery, dentistry, medicine, and coinage. The company also recycles the metals from catalytic converters and other industrial sources. It has Mine production, PGM recycling, Canadian properties, South American properties and All other. Mine production segment engages in the development, extraction, processing and refining of PGMs. The PGM catalyst segment recycles spent catalyst material to recover PGM contained in the material. The Canadian properties segment consists primarily marathon mineral property assets. The exploration stage Marathon mineral properties include PGM and copper deposit located near town of Marathon and Ontario and properties adjacent to Marathon. The South American properties segment includes Peregrine metals Ltd assets. All other segment covers assets including investments, revenues, expenses of corporate and support functions.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
George M Bee director 30 OLD MILL ROAD, SUITE 806, ETOBICOKE A6 M8X 0A5
Kevin G Shiell officer: Vice President STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Patrick M James other: Former Director C/O STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Sheryl K Pressler other: Former Director 5085 HAVEN COURT, ATLANTA GA 30342
Francis R Mcallister officer: Chief Executive Officer STILLWATER MINING COMPANY, 1321 DISCOVERY DRIVE, BILLINGS MT 59102
Platinum Investment Management Ltd 10 percent owner C/O PLATINUM ASSET MANAGEMENT, LEVEL 8, 7 MACQUARIE PLACE, SYDNEY AUSTRALIA 2000 C3 00000
Norlisk Nickel Mmc 10 percent owner VOZNESENSKY PEREULOK, 22 USADBA CENTER MOSCOW, RUSSIA 1Z 0000
Norilsk Holdings Sa 10 percent owner 50 RUE DU RHONE 1204, GENEVE, SWITZERLAND V8 0000
Riegle Donald W Jr other: Former Director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Mcguire Michael E Jr other: Former Director 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Vladimir O Potanin 10 percent owner 9 BOLSHAYA YAKIMANKA STREET, MOSCOW RUSSIA 1Z 0000
Mikhail D Prokhorov 10 percent owner VOZNESENSKY PEREULOK, 22 USADBA CENTER, MOSCOW RUSSIA 1Z 0000
Stephen A Lang officer: Executive Vice President 1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Jack Edward Thompson director ONE NORTH CENTRAL AVE, PHOENIX AZ 85004

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