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BHIL (Benson Hill) Asset Turnover : 0.22 (As of Sep. 2024)


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What is Benson Hill Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Benson Hill's Revenue for the three months ended in Sep. 2024 was $34.1 Mil. Benson Hill's Total Assets for the quarter that ended in Sep. 2024 was $154.4 Mil. Therefore, Benson Hill's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. Benson Hill's annualized ROE % for the quarter that ended in Sep. 2024 was -242.73%. It is also linked to ROA % through Du Pont Formula. Benson Hill's annualized ROA % for the quarter that ended in Sep. 2024 was -59.41%.


Benson Hill Asset Turnover Historical Data

The historical data trend for Benson Hill'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.

Benson Hill Asset Turnover Chart

Benson Hill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
- 0.26 0.24 0.74 1.22

Benson Hill Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.06 1.20 0.09 0.19 0.22

Competitive Comparison of Benson Hill's Asset Turnover

For the Agricultural Inputs subindustry, Benson Hill'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.


Benson Hill's Asset Turnover Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Benson Hill's Asset Turnover distribution charts can be found below:

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



Benson Hill Asset Turnover Calculation

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

Benson Hill'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 )
=473.336/( (500.92+274.764)/ 2 )
=473.336/387.842
=1.22

Benson Hill's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=34.098/( (171.308+137.542)/ 2 )
=34.098/154.425
=0.22

* 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.


Benson Hill  (NAS:BHIL) Asset Turnover Explanation

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

Benson Hill's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-91.744/37.797
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-91.744 / 136.392)*(136.392 / 154.425)*(154.425/ 37.797)
=Net Margin %*Asset Turnover*Equity Multiplier
=-67.26 %*0.8832*4.0856
=ROA %*Equity Multiplier
=-59.41 %*4.0856
=-242.73 %

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

Benson Hill's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=-91.744/154.425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-91.744 / 136.392)*(136.392 / 154.425)
=Net Margin %*Asset Turnover
=-67.26 %*0.8832
=-59.41 %

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


Benson Hill Asset Turnover Related Terms

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


Benson Hill Business Description

Traded in Other Exchanges
N/A
Address
1001 North Warson Road, Suite 300, Saint Louis, MO, USA, 63132
Benson Hill Inc is an ag-tech company specializing in soy protein innovation. The company has one business segment Ingredient. The company focuses on seed innovation through proprietary germplasm and the CropOS platform. This platform integrates protein, genomic, and strategic data for predictive breeding using AI and ML. They operate a Crop Accelerator for rapid prototyping. Benson Hill is developing a seed portfolio for protein ingredients, aquaculture, specialty animal feed, and vegetable oils. The company's revenue can be disaggregated into product categories: Proprietary and Non-Proprietary. Proprietary revenue is defined as any sale of a proprietary bean. Non-Proprietary revenue is all other revenue from non-Proprietary sources.
Executives
Bruce Tyler Bennett officer: President, Ingredients C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Yevgeny Fundler officer: Chief Legal Officer, other: Corporate Secretary 1001 NORTH WARSON ROAD, ST. LOUIS MO 63132
Jason Bull officer: Chief Technology Officer C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Dean P Freeman officer: Chief Financial Officer C/O BENSON HILL, INC.,1001 N WARSON RD, SAINT LOUIS MO 63132
Matthew B. Crisp director, officer: President and CEO C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Montgomery Molly director 739 MILLER AVENUE, MILL VALLEY CA 94941
David J. Lee director C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Deann L Brunts director, officer: Chief Financial Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Adrienne Elsner director ONE OWENS CORNING PKWY, TOLEDO OH 43659
Linda Whitley-taylor director C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132
Stephan Dolezalek director C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Daniel Jacobi director C/O BENSON HILL, INC., 1001 N. WARSON RD., ST. LEWIS MO 63132
Michael D. Wilds officer: CFO and CAO C/O MAGNETAR CAPITAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Star Peak Sponsor Ii Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201