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The Bon-Ton Stores (The Bon-Ton Stores) Asset Turnover : 0.37 (As of Oct. 2017)


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What is The Bon-Ton Stores Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. The Bon-Ton Stores's Revenue for the three months ended in Oct. 2017 was $545 Mil. The Bon-Ton Stores's Total Assets for the quarter that ended in Oct. 2017 was $1,487 Mil. Therefore, The Bon-Ton Stores's Asset Turnover for the quarter that ended in Oct. 2017 was 0.37.

Asset Turnover is linked to ROE % through Du Pont Formula. The Bon-Ton Stores's annualized ROE % for the quarter that ended in Oct. 2017 was 134.51%. It is also linked to ROA % through Du Pont Formula. The Bon-Ton Stores's annualized ROA % for the quarter that ended in Oct. 2017 was -12.07%.


The Bon-Ton Stores Asset Turnover Historical Data

The historical data trend for The Bon-Ton Stores'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.

The Bon-Ton Stores Asset Turnover Chart

The Bon-Ton Stores Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.73 1.74 1.73 1.70

The Bon-Ton Stores Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 0.37 0.54 0.36 0.35 0.37

Competitive Comparison of The Bon-Ton Stores's Asset Turnover

For the Department Stores subindustry, The Bon-Ton Stores'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.


The Bon-Ton Stores's Asset Turnover Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where The Bon-Ton Stores's Asset Turnover falls into.



The Bon-Ton Stores Asset Turnover Calculation

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

The Bon-Ton Stores's Asset Turnover for the fiscal year that ended in Jan. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2017 )/( (Total Assets (A: Jan. 2016 )+Total Assets (A: Jan. 2017 ))/ count )
=2600.592/( (1550.626+1505.063)/ 2 )
=2600.592/1527.8445
=1.70

The Bon-Ton Stores's Asset Turnover for the quarter that ended in Oct. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2017 )/( (Total Assets (Q: Jul. 2017 )+Total Assets (Q: Oct. 2017 ))/ count )
=545.337/( (1386.748+1586.595)/ 2 )
=545.337/1486.6715
=0.37

* 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.


The Bon-Ton Stores  (OTCPK:BONTQ) Asset Turnover Explanation

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

The Bon-Ton Stores's annulized ROE % for the quarter that ended in Oct. 2017 is

ROE %**(Q: Oct. 2017 )
=Net Income/Total Stockholders Equity
=-179.508/-133.449
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-179.508 / 2181.348)*(2181.348 / 1486.6715)*(1486.6715/ -133.449)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.23 %*1.4673*-11.1404
=ROA %*Equity Multiplier
=-12.07 %*-11.1404
=134.51 %

Note: The Net Income data used here is four times the quarterly (Oct. 2017) net income data. The Revenue data used here is four times the quarterly (Oct. 2017) 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:

The Bon-Ton Stores's annulized ROA % for the quarter that ended in Oct. 2017 is

ROA %(Q: Oct. 2017 )
=Net Income/Total Assets
=-179.508/1486.6715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-179.508 / 2181.348)*(2181.348 / 1486.6715)
=Net Margin %*Asset Turnover
=-8.23 %*1.4673
=-12.07 %

Note: The Net Income data used here is four times the quarterly (Oct. 2017) net income data. The Revenue data used here is four times the quarterly (Oct. 2017) 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.


The Bon-Ton Stores Asset Turnover Related Terms

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


The Bon-Ton Stores (The Bon-Ton Stores) Business Description

Traded in Other Exchanges
N/A
Address
2801 East Market Street, York, PA, USA, 17402
The Bon-Ton Stores Inc operates is a department store operator in the United States. It offers a range of brand-name fashion apparel and accessories for women, men, and children, through stores in the United States. Its nationally distributed brand assortment includes a range of labels in the apparel, accessories, footwear, cosmetics and home furnishings industries, such as Anne Klein, Calvin Klein, Carters, Chaps, Clarks, Clinique, Coach, Estee Lauder and Others.
Executives
Chad C Stauffer officer: EVP, Chief Merchandising Off. AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Philmer H Rohrbaugh director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Todd C Mccarty director 2801 EAST MARKET STREET, YORK PA 17402
Nancy A Walsh officer: EVP, Chief Financial Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Lucinda M Baier director 111 WESTWOOD PLACE, SUITE 400, BRENTWOOD TN 37027
Brendan Hoffman director 100 PIER 1 PLACE, FORT WORTH TX 76102
Thomas K Hernquist director 2801 EAST MARKET STREET, YORK PA 17402
Remy W Trafelet 10 percent owner C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Trafelet & Co Llc 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Trafelet Capital Management, L.p. 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Lynn C Derry officer: Senior VP - Gen Merch Manager CHRISTOPHER & BANKS CORPORATION 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Frank Tworecke officer: President & COO THE BON-TON STORES, INC. 2801 E. MARKET ST., P.O. BOX 2821 YORK PA 17405

The Bon-Ton Stores (The Bon-Ton Stores) Headlines