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Arch Resources (Arch Resources) Asset Turnover

: 0.32 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Arch Resources's Revenue for the three months ended in Dec. 2023 was $774 Mil. Arch Resources's Total Assets for the quarter that ended in Dec. 2023 was $2,425 Mil. Therefore, Arch Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.32.

Asset Turnover is linked to ROE % through Du Pont Formula. Arch Resources's annualized ROE % for the quarter that ended in Dec. 2023 was 31.96%. It is also linked to ROA % through Du Pont Formula. Arch Resources's annualized ROA % for the quarter that ended in Dec. 2023 was 18.95%.


Arch Resources Asset Turnover Historical Data

The historical data trend for Arch Resources'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.

Arch Resources 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 1.22 0.82 1.15 1.64 1.28

Arch Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 0.31 0.31 0.32

Competitive Comparison

For the Coking Coal subindustry, Arch Resources'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.


Arch Resources Asset Turnover Distribution

For the Steel industry and Basic Materials sector, Arch Resources's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Arch Resources's Asset Turnover falls into.



Arch Resources Asset Turnover Calculation

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

Arch Resources'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 )
=3145.843/( (2433.108+2484.173)/ 2 )
=3145.843/2458.6405
=1.28

Arch Resources's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=774.017/( (2365.858+2484.173)/ 2 )
=774.017/2425.0155
=0.32

* 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.


Arch Resources  (NYSE:ARCH) Asset Turnover Explanation

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

Arch Resources's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=459.544/1437.803
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(459.544 / 3096.068)*(3096.068 / 2425.0155)*(2425.0155/ 1437.803)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.84 %*1.2767*1.6866
=ROA %*Equity Multiplier
=18.95 %*1.6866
=31.96 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Arch Resources's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=459.544/2425.0155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(459.544 / 3096.068)*(3096.068 / 2425.0155)
=Net Margin %*Asset Turnover
=14.84 %*1.2767
=18.95 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Arch Resources Asset Turnover Related Terms

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


Arch Resources (Arch Resources) Business Description

Traded in Other Exchanges
Address
1 CityPlace Drive, Suite 300, Saint Louis, MO, USA, 63141
Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. Its operating segment includes Metallurgical (MET) and Thermal. It generates maximum revenue from the Metallurgical (MET) segment. Geographically, it derives a majority of its revenue from Asia.
Executives
Rosemary L Klein officer: Sr. VP, General Counsel & Sec 575 MARYVILLE CENTRE DRIVE, ST. LOUIS MO 63141
Paul T. Demzik officer: Chief Commercial Officer ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
John A. Ziegler officer: Chief Commercial Officer ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Deck Slone officer: Sr. VP - Strategy & Public Pol ONE CITYPLACE DRIVE, ST. LOUIS MO 63141
Matthew C. Giljum officer: Sr. VP and CFO C/O ARCH COAL, INC., ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Pamela R Butcher director P. O. BOX 116, ELK RAPIDS MI 49629
John W Lorson officer: Controller CITYPLACE ONE SUITE 300, ARCH MINERAL CORP, CREVE COEUR MO 63141
Bartels Patrick J Jr director C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Peifang Zhang director 21640 E. BRIARWOOD DR., AURORA CO 80016
Robert B. Hamill director ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Holly K Koeppel director 401 NORTH MAIN STREET, WINSTON-SALEM NC 27101
Paul A Lang officer: President & COO ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
John T. Drexler officer: Sr. V.P. and CFO ONE CITY PLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
John W Eaves director, officer: Chief Executive Officer 1 CITYPLACE ONE STE 300, ST LOUIS MO 63141