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Boise Cascade Co (Boise Cascade Co) Asset Turnover : 0.46 (As of Dec. 2023)


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What is Boise Cascade 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. Boise Cascade Co's Revenue for the three months ended in Dec. 2023 was $1,644 Mil. Boise Cascade Co's Total Assets for the quarter that ended in Dec. 2023 was $3,551 Mil. Therefore, Boise Cascade Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.46.

Asset Turnover is linked to ROE % through Du Pont Formula. Boise Cascade Co's annualized ROE % for the quarter that ended in Dec. 2023 was 17.33%. It is also linked to ROA % through Du Pont Formula. Boise Cascade Co's annualized ROA % for the quarter that ended in Dec. 2023 was 10.99%.


Boise Cascade Co Asset Turnover Historical Data

The historical data trend for Boise Cascade 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.

Boise Cascade Co Asset Turnover Chart

Boise Cascade Co 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 2.84 2.99 3.49 2.89 2.04

Boise Cascade Co 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 0.49 0.47 0.53 0.52 0.46

Competitive Comparison of Boise Cascade Co's Asset Turnover

For the Building Materials subindustry, Boise Cascade 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.


Boise Cascade Co's Asset Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Boise Cascade Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Boise Cascade Co's Asset Turnover falls into.



Boise Cascade Co Asset Turnover Calculation

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

Boise Cascade Co'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 )
=6838.245/( (3240.514+3458.646)/ 2 )
=6838.245/3349.58
=2.04

Boise Cascade Co'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 )
=1644.256/( (3642.433+3458.646)/ 2 )
=1644.256/3550.5395
=0.46

* 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.


Boise Cascade Co  (NYSE:BCC) Asset Turnover Explanation

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

Boise Cascade Co's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=390.14/2251.6295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(390.14 / 6577.024)*(6577.024 / 3550.5395)*(3550.5395/ 2251.6295)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.93 %*1.8524*1.5769
=ROA %*Equity Multiplier
=10.99 %*1.5769
=17.33 %

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:

Boise Cascade Co's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=390.14/3550.5395
=(Net Income / Revenue)*(Revenue / Total Assets)
=(390.14 / 6577.024)*(6577.024 / 3550.5395)
=Net Margin %*Asset Turnover
=5.93 %*1.8524
=10.99 %

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.


Boise Cascade Co Asset Turnover Related Terms

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Boise Cascade Co (Boise Cascade Co) Business Description

Traded in Other Exchanges
Address
1111 West Jefferson Street, Suite 300, Boise, ID, USA, 83702-5389
Boise Cascade Co is a producer of engineered wood products (EWP) and plywood. The firm operates in two segments namely Wood Products and Building Materials Distribution. Wood Products segment manufactures EWP, consisting of laminated veneer lumber (LVL), I-joists, and laminated beams. The Building Materials Distribution segment is engaged in the wholesale of building materials. It distributes products such as plywood, OSB, and lumber items such as siding, doors, metal products, insulation, and roofing, EWP and others. The company generates a majority of its revenue from the Building Material Distribution segment.
Executives
Sue Ying Taylor director PO BOX 50, BOISE ID 83728-0050
Steven C Cooper director PO BOX 2910, TACOMA WA 98401-2910
Dean Michael Brown officer: EVP, Wood Products PO BOX 50, BOISE ID 83728-0050
Jeffrey Robert Strom officer: EVP, BMD PO BOX 50, BOISE ID 83728-0050
Kristopher J Matula director BUCKEYE TECHNOLOGIES INC, 1001 TILLMAN STREET, MEMPHIS TN 38112
Mack L Hogans director WEYERHAEUSER CO, P O B 9777, FEDERAL WAY WA 98063
Thomas E Carlile director, officer: Chief Executive Officer BOISE CASCADE COMPANY, P.O. BOX 50, BOISE ID 83728
Jill Twedt officer: VP, General Counsel & Corp Sec PO BOX 50, BOISE ID 83728-0050
Kelly E. Hibbs officer: VP and Controller C/O BOISE CASCADE, L.L.C., 1111 WEST JEFFERSON STREET, SUITE 300, BOISE ID 83702-5389
Amy Humphreys director PO BOX 50, BOISE ID 83728-0050
Craig O Dawson director PO BOX 50, BOISE ID 83728-0050
Wayne M Rancourt officer: SVP, CFO and Treasurer 1111 WEST JEFFERSON STREET, SUITE 300, P O BOX 50, BOISE ID 83728
Nick Stokes officer: EVP, BMD C/O BOISE CASCADE COMPANY, 1111 W. JEFFERSON ST., STE. 300, BOISE ID 83702
Thomas Kevin Corrick officer: EVP, Wood Products C/O BOISE CASCADE, L.L.C., 1111 W. JEFFERSON ST., STE 300, BOISE ID 83702-5389
Nate Jorgensen officer: COO PO BOX 50, BOISE ID 83728-0050

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