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Arhaus (Arhaus) Asset Turnover : 0.26 (As of Mar. 2024)


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What is Arhaus Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Arhaus's Revenue for the three months ended in Mar. 2024 was $295 Mil. Arhaus's Total Assets for the quarter that ended in Mar. 2024 was $1,145 Mil. Therefore, Arhaus's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

Asset Turnover is linked to ROE % through Du Pont Formula. Arhaus's annualized ROE % for the quarter that ended in Mar. 2024 was 19.30%. It is also linked to ROA % through Du Pont Formula. Arhaus's annualized ROA % for the quarter that ended in Mar. 2024 was 5.27%.


Arhaus Asset Turnover Historical Data

The historical data trend for Arhaus'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.

Arhaus Asset Turnover Chart

Arhaus Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
1.84 1.72 1.75 1.61 1.26

Arhaus Quarterly Data
Dec19 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 0.32 0.31 0.30 0.31 0.26

Competitive Comparison of Arhaus's Asset Turnover

For the Home Improvement Retail subindustry, Arhaus'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.


Arhaus's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Arhaus's Asset Turnover distribution charts can be found below:

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



Arhaus Asset Turnover Calculation

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

Arhaus'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 )
=1287.704/( (937.084+1114.094)/ 2 )
=1287.704/1025.589
=1.26

Arhaus'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 )
=295.162/( (1114.094+1176.379)/ 2 )
=295.162/1145.2365
=0.26

* 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.


Arhaus  (NAS:ARHS) Asset Turnover Explanation

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

Arhaus's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=60.396/312.9425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(60.396 / 1180.648)*(1180.648 / 1145.2365)*(1145.2365/ 312.9425)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.12 %*1.0309*3.6596
=ROA %*Equity Multiplier
=5.27 %*3.6596
=19.30 %

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:

Arhaus's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=60.396/1145.2365
=(Net Income / Revenue)*(Revenue / Total Assets)
=(60.396 / 1180.648)*(1180.648 / 1145.2365)
=Net Margin %*Asset Turnover
=5.12 %*1.0309
=5.27 %

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.


Arhaus Asset Turnover Related Terms

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


Arhaus (Arhaus) Business Description

Traded in Other Exchanges
N/A
Address
51 East Hines Hill Road, Boston Heights, OH, USA, 44236
Arhaus Inc is a growing lifestyle brand and omnichannel retailer of premium home furniture. The company offers merchandise in a number of categories, including furniture, outdoor, lighting, textiles, and decor through its Retail and eCommerce sales channels.
Executives
Kathy E Veltri officer: CHIEF RETAIL OFFICER FURNITURE BRANDS INTERNATIONAL, INC., 1 N. BRENTWOOD BLVD., SAINT LOUIS MO 63105
Doody Alton F Iii director C/O BRAVO BRIO RESTAURANT GROUP, INC., 777 GOODALE BLVD, SUITE 100, COLUMBUS OH 43212
Fs Capital Partners Vi, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 1900, LOS ANGELES CA 90025
Dawn Sparks officer: CHIEF LOGISTICS OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Lisa Chi officer: CHIEF MERCHANDISING OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Alexis Depree director C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Tim Kuckelman officer: Chief Operating Officer C/O ARHAUS, INC., 51 E. HINES ROAD, BOSTON HEIGHTS OH 44236
Dawn Phillipson officer: CHIEF FINANCIAL OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
William Beargie director C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Albert T Adams director 3200 NATIONAL CITY CENTER, 1900 E NINTH ST, CLEVELAND OH 44114
John P Reed director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Jennifer E Porter officer: CHIEF MARKETING OFFICER C/O ARHAUS, INC., 51 EAST HINES HILL ROAD, BOSTON HEIGHTS OH 44236
Gary L Lewis director 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Brad Brutocao director 11100 SANTA MONICA BLVD., SUITE 1900, LOS ANGELES CA 90025
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025