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Church & Dwight Co (Church & Dwight Co) Asset Turnover : 0.18 (As of Dec. 2023)


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What is Church & Dwight Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Church & Dwight Co's Revenue for the three months ended in Dec. 2023 was $1,528 Mil. Church & Dwight Co's Total Assets for the quarter that ended in Dec. 2023 was $8,636 Mil. Therefore, Church & Dwight Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. Church & Dwight Co's annualized ROE % for the quarter that ended in Dec. 2023 was 15.55%. It is also linked to ROA % through Du Pont Formula. Church & Dwight Co's annualized ROA % for the quarter that ended in Dec. 2023 was 7.12%.


Church & Dwight Co Asset Turnover Historical Data

The historical data trend for Church & Dwight Co'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.

Church & Dwight Co Asset Turnover Chart

Church & Dwight Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.70 0.67 0.66 0.69

Church & Dwight Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.17 0.17 0.17 0.17 0.18

Competitive Comparison of Church & Dwight Co's Asset Turnover

For the Household & Personal Products subindustry, Church & Dwight Co'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.


Church & Dwight Co's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Church & Dwight Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Church & Dwight Co's Asset Turnover falls into.



Church & Dwight Co Asset Turnover Calculation

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

Church & Dwight Co'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 )
=5867.9/( (8345.6+8569.2)/ 2 )
=5867.9/8457.4
=0.69

Church & Dwight Co'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 )
=1528/( (8702.2+8569.2)/ 2 )
=1528/8635.7
=0.18

* 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.


Church & Dwight Co  (NYSE:CHD) Asset Turnover Explanation

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

Church & Dwight Co's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=614.8/3952.95
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(614.8 / 6112)*(6112 / 8635.7)*(8635.7/ 3952.95)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.06 %*0.7078*2.1846
=ROA %*Equity Multiplier
=7.12 %*2.1846
=15.55 %

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:

Church & Dwight Co's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=614.8/8635.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(614.8 / 6112)*(6112 / 8635.7)
=Net Margin %*Asset Turnover
=10.06 %*0.7078
=7.12 %

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.


Church & Dwight Co Asset Turnover Related Terms

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


Church & Dwight Co (Church & Dwight Co) Business Description

Traded in Other Exchanges
Address
500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628
Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.
Executives
Michael Read officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
Matthew Farrell officer: Vice President Finance and CFO
Richard A Dierker officer: E.V.P. Finance & C.F.O. 500 CHARLES EWING BLVD, EWING NJ 08628
Rene Hemsey officer: E.V.P. HR 500 CHARLES EWING BLVD, EWING NJ 08628
Bradley C Irwin director 469 NORTH HARRISON STREET, PRINCETON NJ 08543
De Maynadier Patrick D officer: EVP, Gen. Counsel & Secretary
Carlen Hooker officer: EVP, Chief Commercial Officer 500 CHARLES EWING BLVD, EWING NJ 08628
Ravichandra Krishnamurty Saligram director C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Paul Richard Wood officer: EVP, Sales 500 CHARLES EWING BLVD, EWING NJ 08628
Brian D Buchert officer: EVP of Strategy, M&A, and BP 500 CHARLES EWING BLVD, EWING NJ 08628
Barry A. Bruno officer: EVP, International 500 CHARLES EWING BLVD, EWING NJ 08628
James Craigie director, officer: President, Chief Executive Off 500 CHARLES EWING BLVD, EWING NJ 08628
Arthur B Winkleblack director
Brad Cashaw director 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Robert K Shearer director 400 NORTH ELM STREET, GREENSBORO NC 27403