GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Allison Transmission Holdings Inc (NYSE:ALSN) » Definitions » Asset Turnover

Allison Transmission Holdings (Allison Transmission Holdings) Asset Turnover : 0.16 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Allison Transmission 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. Allison Transmission Holdings's Revenue for the three months ended in Mar. 2024 was $789 Mil. Allison Transmission Holdings's Total Assets for the quarter that ended in Mar. 2024 was $5,041 Mil. Therefore, Allison Transmission Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. Allison Transmission Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was 52.50%. It is also linked to ROA % through Du Pont Formula. Allison Transmission Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was 13.41%.


Allison Transmission Holdings Asset Turnover Historical Data

The historical data trend for Allison Transmission 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.

Allison Transmission Holdings Asset Turnover Chart

Allison Transmission Holdings 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 0.62 0.47 0.54 0.61 0.63

Allison Transmission Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.16 0.15 0.16 0.16

Competitive Comparison of Allison Transmission Holdings's Asset Turnover

For the Auto Parts subindustry, Allison Transmission 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.


Allison Transmission Holdings's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Allison Transmission Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Allison Transmission Holdings's Asset Turnover falls into.



Allison Transmission Holdings Asset Turnover Calculation

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

Allison Transmission Holdings'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 )
=3035/( (4671+5025)/ 2 )
=3035/4848
=0.63

Allison Transmission Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=789/( (5025+5056)/ 2 )
=789/5040.5
=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.


Allison Transmission Holdings  (NYSE:ALSN) Asset Turnover Explanation

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

Allison Transmission Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=676/1287.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(676 / 3156)*(3156 / 5040.5)*(5040.5/ 1287.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.42 %*0.6261*3.915
=ROA %*Equity Multiplier
=13.41 %*3.915
=52.50 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

Allison Transmission Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=676/5040.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(676 / 3156)*(3156 / 5040.5)
=Net Margin %*Asset Turnover
=21.42 %*0.6261
=13.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


Allison Transmission Holdings Asset Turnover Related Terms

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


Allison Transmission Holdings (Allison Transmission Holdings) Business Description

Traded in Other Exchanges
Address
One Allison Way, Indianapolis, IN, USA, 46222
Allison Transmission is the largest manufacturer of fully automatic transmissions for commercial vehicles. The company's automatic transmissions allow customers to achieve better fuel and operator efficiency than less expensive manual and automated manual transmissions. Allison serves several end markets, including on- and off-highway equipment and military vehicles. Its on-highway business has approximately 60% global market share. The company's transmissions can be found in Class 4 through Class 8 trucks, buses, and a limited number of large passenger vehicles (heavy-duty pickup trucks and motor homes). Allison also produces electric hybrid propulsion systems and is developing e-powertrains.
Executives
John Coll officer: SVP, Global MSS ONE ALLISON WAY, INDIANAPOLIS IN 46222
G Frederick Bohley officer: SVP, CFO & Treasurer ONE ALLISON WAY, INDIANAPOLIS IN 46222
Niekerk Teresa Van officer: VP, Global Purchasing & SQ ONE ALLISON WAY, INDIANAPOLIS IN 46222
Ryan A. Milburn officer: VP, Product Engineering ONE ALLISON WAY, INDIANAPOLIS IN 46222
Thomas Eifert officer: VP, Program Mgmt & Prod Pln ONE ALLISON WAY, INDIANAPOLIS IN 46222
Eric C. Scroggins officer: VP, Gen. Counsel and Secretary ONE ALLISON WAY, INDIANAPOLIS IN 46222
David S. Graziosi officer: Exec VP, CFO and Treasurer ONE ALLISON WAY, INDIANAPOLIS IN 46222
Gustave Perna director ONE ALLISON WAY, INDIANAPOLIS IN 46222
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Krishna Shivram director C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Sasha Ostojic director ONE ALLISON WAY, INDIANAPOLIS IN 46222
D. Scott Barbour director C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Rafael Basso officer: VP, Operations ONE ALLISON WAY, INDIANAPOLIS IN 46222
Carolann I Haznedar director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Dana Jh Pittard officer: VP, Defense Programs ONE ALLISON WAY, INDIANAPOLIS IN 46222