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Bowlin Travel Centers (Bowlin Travel Centers) Asset Turnover : 1.36 (As of Jan. 2011)


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What is Bowlin Travel Centers Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bowlin Travel Centers's Revenue for the six months ended in Jan. 2011 was $26.09 Mil. Bowlin Travel Centers's Total Assets for the quarter that ended in Jan. 2011 was $19.22 Mil. Therefore, Bowlin Travel Centers's Asset Turnover for the quarter that ended in Jan. 2011 was 1.36.

Asset Turnover is linked to ROE % through Du Pont Formula. Bowlin Travel Centers's annualized ROE % for the quarter that ended in Jan. 2011 was -0.61%. It is also linked to ROA % through Du Pont Formula. Bowlin Travel Centers's annualized ROA % for the quarter that ended in Jan. 2011 was -0.38%.


Bowlin Travel Centers Asset Turnover Historical Data

The historical data trend for Bowlin Travel Centers'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.

Bowlin Travel Centers Asset Turnover Chart

Bowlin Travel Centers Annual Data
Trend Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.41 1.26 1.21 1.36

Bowlin Travel Centers Semi-Annual Data
Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.39 1.41 1.26 1.21 1.36

Competitive Comparison of Bowlin Travel Centers's Asset Turnover

For the Specialty Retail subindustry, Bowlin Travel Centers'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.


Bowlin Travel Centers's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bowlin Travel Centers's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Bowlin Travel Centers's Asset Turnover falls into.



Bowlin Travel Centers Asset Turnover Calculation

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

Bowlin Travel Centers's Asset Turnover for the fiscal year that ended in Jan. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2011 )/( (Total Assets (A: Jan. 2010 )+Total Assets (A: Jan. 2011 ))/ count )
=26.086/( (18.817+19.625)/ 2 )
=26.086/19.221
=1.36

Bowlin Travel Centers's Asset Turnover for the quarter that ended in Jan. 2011 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2011 )/( (Total Assets (Q: Jan. 2010 )+Total Assets (Q: Jan. 2011 ))/ count )
=26.086/( (18.817+19.625)/ 2 )
=26.086/19.221
=1.36

* 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.


Bowlin Travel Centers  (OTCPK:BWTL) Asset Turnover Explanation

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

Bowlin Travel Centers's annulized ROE % for the quarter that ended in Jan. 2011 is

ROE %**(Q: Jan. 2011 )
=Net Income/Total Stockholders Equity
=-0.074/12.1495
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.074 / 52.172)*(52.172 / 19.221)*(19.221/ 12.1495)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.14 %*2.7143*1.582
=ROA %*Equity Multiplier
=-0.38 %*1.582
=-0.61 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2011) net income data. The Revenue data used here is two times the semi-annual (Jan. 2011) 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:

Bowlin Travel Centers's annulized ROA % for the quarter that ended in Jan. 2011 is

ROA %(Q: Jan. 2011 )
=Net Income/Total Assets
=-0.074/19.221
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.074 / 52.172)*(52.172 / 19.221)
=Net Margin %*Asset Turnover
=-0.14 %*2.7143
=-0.38 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2011) net income data. The Revenue data used here is two times the semi-annual (Jan. 2011) 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.


Bowlin Travel Centers Asset Turnover Related Terms

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Bowlin Travel Centers (Bowlin Travel Centers) Business Description

Traded in Other Exchanges
N/A
Address
150 Louisiana Boulevard NE, Albuquerque, NM, USA, 87108
Bowlin Travel Centers Inc operates several travel centers and restaurants located along interstate highways in New Mexico and Arizona. Some of its travel centers also offer fuel and full-service restaurants under the Dairy Queen/Brazier, Dairy Queen, or Subway trade names. All of the company's travel centers offer a variety of Southwestern merchandise to the traveling public in the Southwestern United States, and New Mexico. It also operates a convenience store selling chips, nuts, cookies, and prepackaged sandwiches, along with a variety of bottled and canned drinks.
Executives
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Yorktown Avenue Capital, Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Jonathan Brooks 10 percent owner 2201 NORTH BEVERLY DR., BEVERLY HILLS CA 90210

Bowlin Travel Centers (Bowlin Travel Centers) Headlines