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Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Asset Turnover

: 0.28 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Babcock & Wilcox Enterprises's Revenue for the three months ended in Dec. 2023 was $227 Mil. Babcock & Wilcox Enterprises's Total Assets for the quarter that ended in Dec. 2023 was $806 Mil. Therefore, Babcock & Wilcox Enterprises's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

Asset Turnover is linked to ROE % through Du Pont Formula. Babcock & Wilcox Enterprises's annualized ROE % for the quarter that ended in Dec. 2023 was 146.21%. It is also linked to ROA % through Du Pont Formula. Babcock & Wilcox Enterprises's annualized ROA % for the quarter that ended in Dec. 2023 was -31.12%.


Babcock & Wilcox Enterprises Asset Turnover Historical Data

The historical data trend for Babcock & Wilcox Enterprises'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.

Babcock & Wilcox Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 0.92 0.94 0.91 1.16

Babcock & Wilcox Enterprises Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.26 0.27 0.31 0.26 0.28

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Babcock & Wilcox Enterprises'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.


Babcock & Wilcox Enterprises Asset Turnover Distribution

For the Industrial Products industry and Industrials sector, Babcock & Wilcox Enterprises's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Babcock & Wilcox Enterprises's Asset Turnover falls into.



Babcock & Wilcox Enterprises Asset Turnover Calculation

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

Babcock & Wilcox Enterprises'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 )
=999.354/( (941.689+775.698)/ 2 )
=999.354/858.6935
=1.16

Babcock & Wilcox Enterprises'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 )
=227.167/( (837.279+775.698)/ 2 )
=227.167/806.4885
=0.28

* 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.


Babcock & Wilcox Enterprises  (NYSE:BW) Asset Turnover Explanation

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

Babcock & Wilcox Enterprises's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-250.96/-171.6385
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-250.96 / 908.668)*(908.668 / 806.4885)*(806.4885/ -171.6385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-27.62 %*1.1267*-4.6988
=ROA %*Equity Multiplier
=-31.12 %*-4.6988
=146.21 %

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:

Babcock & Wilcox Enterprises's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-250.96/806.4885
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-250.96 / 908.668)*(908.668 / 806.4885)
=Net Margin %*Asset Turnover
=-27.62 %*1.1267
=-31.12 %

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.


Babcock & Wilcox Enterprises Asset Turnover Related Terms

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Babcock & Wilcox Enterprises (Babcock & Wilcox Enterprises) Business Description

Traded in Other Exchanges
Address
1200 East Market Street, Suite 650, Akron, OH, USA, 44305
Babcock & Wilcox Enterprises is a power generation equipment supplier and servicing company that operates in three segments: B&W Renewable, B&W Environmental, and B&W Thermal. B&W Thermal, which focuses on steam generation products and solutions for plants in the power generation, oil and gas, and industrial sectors, generates the majority of the company's revenue. B&W Renewable focuses on sustainable power and heat generation while B&W Environmental focuses on emissions control. The company's customer base spans the industrial, electrical utility, and municipal industries located predominantly in the United States, Canada, Denmark, and the United Kingdom. Business in the U.S. contributes the vast majority of its revenue.
Executives
Henry E Bartoli director, officer: Chief Strategy Officer 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Christopher S Riker officer: Senior Vice President 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Louis Jr Salamone officer: Chief Financial Officer 7925 JONES BRANCH DRIVE, MCLEAN VA 22102
Joseph A Tato director 580 INDIAN HARBOR ROAD, VERO BEACH FL 32963
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kenneth M Young officer: Chief Executive Officer C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
John J Dziewisz officer: SVP & Corp. Secy. 1200 E. MARKET STREET, SUITE 650, SUITE 650, AKRON OH 44305
Joseph T Buckler officer: Senior Vice President 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Jimmy B Morgan officer: SVP, Babcock & Wilcox 1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Philip D Moeller director 2306 CHAIN BRIDGE ROAD, NW, WASHINGTON DC 20016
Rebecca L Stahl director 2106 SOUTH BAY LANE, RESTON VA 20191
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Opportunity Fund, Lp 10 percent owner 11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
Vintage Capital Management Llc 10 percent owner 4705 S APOPKA VINELAND ROAD SUITE 210, ORLANDO FL 32819

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