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BV (BrightView Holdings) Asset Turnover : 0.22 (As of Sep. 2024)


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What is BrightView Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BrightView Holdings's Revenue for the three months ended in Sep. 2024 was $729 Mil. BrightView Holdings's Total Assets for the quarter that ended in Sep. 2024 was $3,378 Mil. Therefore, BrightView Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.22.

Asset Turnover is linked to ROE % through Du Pont Formula. BrightView Holdings's annualized ROE % for the quarter that ended in Sep. 2024 was 5.76%. It is also linked to ROA % through Du Pont Formula. BrightView Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 3.03%.


BrightView Holdings Asset Turnover Historical Data

The historical data trend for BrightView Holdings'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.

BrightView Holdings Asset Turnover Chart

BrightView Holdings Annual Data
Trend Dec15 Dec16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.81 0.85 0.85 0.82

BrightView Holdings Quarterly Data
Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only 0.22 0.19 0.20 0.22 0.22

Competitive Comparison of BrightView Holdings's Asset Turnover

For the Specialty Business Services subindustry, BrightView Holdings'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.


BrightView Holdings's Asset Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BrightView Holdings's Asset Turnover distribution charts can be found below:

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



BrightView Holdings Asset Turnover Calculation

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

BrightView Holdings's Asset Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2024 )/( (Total Assets (A: Sep. 2023 )+Total Assets (A: Sep. 2024 ))/ count )
=2767.1/( (3352.2+3391.8)/ 2 )
=2767.1/3372
=0.82

BrightView Holdings'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 )
=728.7/( (3363.2+3391.8)/ 2 )
=728.7/3377.5
=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.


BrightView Holdings  (NYSE:BV) Asset Turnover Explanation

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

BrightView Holdings's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=102.4/1776.65
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(102.4 / 2914.8)*(2914.8 / 3377.5)*(3377.5/ 1776.65)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.51 %*0.863*1.901
=ROA %*Equity Multiplier
=3.03 %*1.901
=5.76 %

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:

BrightView Holdings's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=102.4/3377.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(102.4 / 2914.8)*(2914.8 / 3377.5)
=Net Margin %*Asset Turnover
=3.51 %*0.863
=3.03 %

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.


BrightView Holdings Asset Turnover Related Terms

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


BrightView Holdings Business Description

Traded in Other Exchanges
Address
980 Jolly Road, Blue Bell, PA, USA, 19422
BrightView Holdings Inc is a provider of commercial landscaping services in the United States. The company provides commercial landscaping services, landscape maintenance, and enhancements to tree care and landscape development. It operates through two segments namely Maintenance Services, and Development Services. The Maintenance Services are self-performed through a national branch network and are route-based in nature, and the Development Services are comprised of sophisticated design, coordination, and installation of landscapes at recognizable corporate, athletic, and university complexes. The company generates a majority of its revenue from Maintenance Services.
Executives
Jonathan Mark Gottsegen officer: See Remarks C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PL, STAMFORD CT 06902
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Brightview Aggregator L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Thomas C Donnelly officer: See Remarks C/O BRIGHTVIEW HOLDINGS, INC., 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
William L Cornog director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Dale A Asplund officer: President and CEO C/O BRIGHTVIEW HOLDINGS, INC., 980 JOLLY ROAD, SUITE 300, BLUE BELL PA 19422
Joshua D Goldman director C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Kurtis T Barker director C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Scott Spielvogel director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
One Rock Capital Partners Iii, Lp director, 10 percent owner ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings, Lp director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Orcp Gp Professionals, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Birch Equity Holdings Gp, Llc director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
Tony W Lee director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 45 ROCKEFELLER PLAZA, 39TH FLOOR, NEW YORK NY 10111
One Rock Capital Partners Iii Gp, Lp director, 10 percent owner C/O ONE ROCK CAPITAL PARTNERS, LLC, 30 ROCKEFELLER PLAZA, 54TH FLOOR, NEW YORK NY 10112