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Campus Crest Communities (Campus Crest Communities) Asset Turnover : 0.03 (As of Sep. 2015)


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What is Campus Crest Communities Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Campus Crest Communities's Revenue for the three months ended in Sep. 2015 was $44.6 Mil. Campus Crest Communities's Total Assets for the quarter that ended in Sep. 2015 was $1,587.0 Mil. Therefore, Campus Crest Communities's Asset Turnover for the quarter that ended in Sep. 2015 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Campus Crest Communities's annualized ROE % for the quarter that ended in Sep. 2015 was -9.88%. It is also linked to ROA % through Du Pont Formula. Campus Crest Communities's annualized ROA % for the quarter that ended in Sep. 2015 was -2.93%.


Campus Crest Communities Asset Turnover Historical Data

The historical data trend for Campus Crest Communities'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.

Campus Crest Communities Asset Turnover Chart

Campus Crest Communities Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial 0.25 0.21 0.21 0.10 0.09

Campus Crest Communities Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.02 0.02 0.03 0.03 0.03

Competitive Comparison of Campus Crest Communities's Asset Turnover

For the REIT - Diversified subindustry, Campus Crest Communities'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.


Campus Crest Communities's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Campus Crest Communities's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Campus Crest Communities's Asset Turnover falls into.



Campus Crest Communities Asset Turnover Calculation

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

Campus Crest Communities's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=106.741/( (1182.679+1176.811)/ 2 )
=106.741/1179.745
=0.09

Campus Crest Communities's Asset Turnover for the quarter that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=44.609/( (1590.33+1583.58)/ 2 )
=44.609/1586.955
=0.03

* 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.


Campus Crest Communities  (NYSE:CCG) Asset Turnover Explanation

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

Campus Crest Communities's annulized ROE % for the quarter that ended in Sep. 2015 is

ROE %**(Q: Sep. 2015 )
=Net Income/Total Stockholders Equity
=-46.568/471.1295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-46.568 / 178.436)*(178.436 / 1586.955)*(1586.955/ 471.1295)
=Net Margin %*Asset Turnover*Equity Multiplier
=-26.1 %*0.1124*3.3684
=ROA %*Equity Multiplier
=-2.93 %*3.3684
=-9.88 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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:

Campus Crest Communities's annulized ROA % for the quarter that ended in Sep. 2015 is

ROA %(Q: Sep. 2015 )
=Net Income/Total Assets
=-46.568/1586.955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-46.568 / 178.436)*(178.436 / 1586.955)
=Net Margin %*Asset Turnover
=-26.1 %*0.1124
=-2.93 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Campus Crest Communities Asset Turnover Related Terms

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


Campus Crest Communities (Campus Crest Communities) Business Description

Traded in Other Exchanges
N/A
Address
Campus Crest Communities Inc was incorporated in the State of Maryland on 1 March 2010. On October 19, 2010, it completed its initial public offering of common stock. The Company is a self-managed, self-administered real estate investment trust ("REIT") focused on owning and managing a high-quality student housing portfolio located close to college campuses. As of December 31, 2014, the Company owned interests in 47 operating student housing The Grove properties containing approximately 9,700 apartment units and 26,300 beds. Thirty-six of Company's operating The Grove properties are wholly-owned and eleven of The Grove properties are owned through joint ventures with HSRE. As of December 31, 2014, it also owned interests in 36 operating student housing Copper Beech branded properties containing approximately 6,500 apartment units and 17,300 beds. The majority of Company's operating properties other than those in the CB Portfolio, evo and Toledo operate under The Grove brand. The Company is subject to competition for student-tenants from on-campus housing owned by universities and colleges and also competes with other regional and national owner-operators of off-campus student housing in a number of markets as well as with smaller local owner-operators.
Executives
Curtis B Mcwilliams director 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Raymond C Mikulich director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Denis Mcglynn director POST OFFICE BOX 843, DOVER DE 19903
Randall H Brown director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Richard S Kahlbaugh director 25330 MARSH LANDING PARKWAY, PONTE VEDRA FL 32082
Daniel L Simmons director 1440 HIGHWAY A1A, VERO BEACH FL 32963
Scott R Rochon officer: See Remarks 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Lauro A Gonzalez-moreno director 2128 N. SHADOW CREEK DR., AGOURA CA 91301
James W Mccaughan director 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Aaron Scott Halfacre officer: See Remarks 2100 REXFORD ROAD, SUITE 300, CHARLOTTE NC 28211
David James Coles officer: Interim CEO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
John Makuch officer: Interim CFO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Angel Herrera officer: Executive Vice President 6613 RIVERHILL DRIVE, PLANO TX 75024
Ted W Rollins director, officer: Chairman and CEO 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211
Michael S Hartnett officer: Vice President 2100 REXFORD ROAD, SUITE 414, CHARLOTTE NC 28211

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