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Christopher & Banks (Christopher & Banks) Asset Turnover : 0.43 (As of Oct. 2020)


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What is Christopher & Banks Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Christopher & Banks's Revenue for the three months ended in Oct. 2020 was $72.8 Mil. Christopher & Banks's Total Assets for the quarter that ended in Oct. 2020 was $170.3 Mil. Therefore, Christopher & Banks's Asset Turnover for the quarter that ended in Oct. 2020 was 0.43.

Asset Turnover is linked to ROE % through Du Pont Formula. Christopher & Banks's annualized ROE % for the quarter that ended in Oct. 2020 was 153.03%. It is also linked to ROA % through Du Pont Formula. Christopher & Banks's annualized ROA % for the quarter that ended in Oct. 2020 was -25.39%.


Christopher & Banks Asset Turnover Historical Data

The historical data trend for Christopher & Banks'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.

Christopher & Banks Asset Turnover Chart

Christopher & Banks Annual Data
Trend Feb11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 2.67 2.88 3.32 2.49

Christopher & Banks Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 0.46 0.45 0.22 0.33 0.43

Competitive Comparison of Christopher & Banks's Asset Turnover

For the Apparel Retail subindustry, Christopher & Banks'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.


Christopher & Banks's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Christopher & Banks's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Christopher & Banks's Asset Turnover falls into.



Christopher & Banks Asset Turnover Calculation

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

Christopher & Banks's Asset Turnover for the fiscal year that ended in Jan. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2020 )/( (Total Assets (A: Jan. 2019 )+Total Assets (A: Jan. 2020 ))/ count )
=348.85/( (91.103+189.406)/ 2 )
=348.85/140.2545
=2.49

Christopher & Banks's Asset Turnover for the quarter that ended in Oct. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2020 )/( (Total Assets (Q: Jul. 2020 )+Total Assets (Q: Oct. 2020 ))/ count )
=72.797/( (167.682+172.836)/ 2 )
=72.797/170.259
=0.43

* 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.


Christopher & Banks  (OTCPK:CBKCQ) Asset Turnover Explanation

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

Christopher & Banks's annulized ROE % for the quarter that ended in Oct. 2020 is

ROE %**(Q: Oct. 2020 )
=Net Income/Total Stockholders Equity
=-43.232/-28.25
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-43.232 / 291.188)*(291.188 / 170.259)*(170.259/ -28.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=-14.85 %*1.7103*-6.0269
=ROA %*Equity Multiplier
=-25.39 %*-6.0269
=153.03 %

Note: The Net Income data used here is four times the quarterly (Oct. 2020) net income data. The Revenue data used here is four times the quarterly (Oct. 2020) 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:

Christopher & Banks's annulized ROA % for the quarter that ended in Oct. 2020 is

ROA %(Q: Oct. 2020 )
=Net Income/Total Assets
=-43.232/170.259
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-43.232 / 291.188)*(291.188 / 170.259)
=Net Margin %*Asset Turnover
=-14.85 %*1.7103
=-25.39 %

Note: The Net Income data used here is four times the quarterly (Oct. 2020) net income data. The Revenue data used here is four times the quarterly (Oct. 2020) 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.


Christopher & Banks Asset Turnover Related Terms

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


Christopher & Banks (Christopher & Banks) Business Description

Traded in Other Exchanges
N/A
Address
2400 Xenium Lane North, Plymouth, MN, USA, 55441
Christopher & Banks Corp is a national specialty retailer. The company through its wholly owned subsidiaries operates retail stores selling women's apparel and accessories in the United States. The company operates in Retail Operations which includes the operation of its retail stores, outlet stores, online and mobile. The company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women's apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/activewear, and sleepwear in missy, petite and women sizes. It also offers a selection of jewelry and accessories.
Executives
Keri L Jones director, officer: President & CEO 2400 XENIUM LANE NORTH, PLYMOUTH MN 55441
Andrea Kellick officer: SVP, CMO 2400 XENIUM LANE NORTH PLYMOUTH MN 55441
Rachel Endrizzi officer: Senior VP, Chief Mktg Officer 7201 METRO BLVD, MINNEAPOLIS MN 55439
Kent A Kleeberger director, other: Chair, Board of Directors
Mcm Managers, Llc 10 percent owner 99 HUDSON STREET 5TH FLOOR NEW YORK NY 10013
Mcm Management, Llc 10 percent owner 99 HUDSON STREET 5TH FLOOR NEW YORK NY 10013
Macellum Retail Opportunity Fund, Lp 10 percent owner 99 HUDSON ST. 5TH FLOOR NEW YORK NY 10013
Seth R Johnson director
Allison M. Wing director 1909 HUMBOLDT AVENUE, MINNEAPOLIS MN 55403
Sharpe William F. Iii director 18504 HEATHCOTE DRIVE DEEPHAVEN MN 55391
Jonathan Duskin director, 10 percent owner MACELLUM CAPITAL MANAGEMENT, LLC, 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Macellum Capital Management, Llc 10 percent owner 512 7TH AVENUE 40TH FLOOR NEW YORK NY 10018
Macellum Management, Lp 10 percent owner 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Macellum Advisors Gp, Llc 10 percent owner 99 HUDSON STREET, 5TH FLOOR, NEW YORK NY 10013
Luke Komarek officer: SVP, General Counsel 2400 XENIUM LANE N. PLYMOUTH MN 55441

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