GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Americold Realty Trust Inc (NYSE:COLD) » Definitions » Asset Turnover

Americold Realty Trust (Americold Realty Trust) Asset Turnover : 0.09 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Americold Realty Trust Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Americold Realty Trust's Revenue for the three months ended in Dec. 2023 was $679 Mil. Americold Realty Trust's Total Assets for the quarter that ended in Dec. 2023 was $7,941 Mil. Therefore, Americold Realty Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Americold Realty Trust's annualized ROE % for the quarter that ended in Dec. 2023 was -24.05%. It is also linked to ROA % through Du Pont Formula. Americold Realty Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -11.43%.


Americold Realty Trust Asset Turnover Historical Data

The historical data trend for Americold Realty Trust'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.

Americold Realty Trust Asset Turnover Chart

Americold Realty Trust 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 0.53 0.33 0.34 0.36 0.34

Americold Realty Trust 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 0.09 0.08 0.08 0.08 0.09

Competitive Comparison of Americold Realty Trust's Asset Turnover

For the REIT - Industrial subindustry, Americold Realty Trust'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.


Americold Realty Trust's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Americold Realty Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Americold Realty Trust's Asset Turnover falls into.



Americold Realty Trust Asset Turnover Calculation

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

Americold Realty Trust'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 )
=2673.329/( (8104.561+7869.252)/ 2 )
=2673.329/7986.9065
=0.33

Americold Realty Trust'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 )
=679.291/( (8013.719+7869.252)/ 2 )
=679.291/7941.4855
=0.09

* 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.


Americold Realty Trust  (NYSE:COLD) Asset Turnover Explanation

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

Americold Realty Trust's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-907.364/3772.992
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-907.364 / 2717.164)*(2717.164 / 7941.4855)*(7941.4855/ 3772.992)
=Net Margin %*Asset Turnover*Equity Multiplier
=-33.39 %*0.3421*2.1048
=ROA %*Equity Multiplier
=-11.43 %*2.1048
=-24.05 %

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:

Americold Realty Trust's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-907.364/7941.4855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-907.364 / 2717.164)*(2717.164 / 7941.4855)
=Net Margin %*Asset Turnover
=-33.39 %*0.3421
=-11.43 %

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.


Americold Realty Trust Asset Turnover Related Terms

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


Americold Realty Trust (Americold Realty Trust) Business Description

Traded in Other Exchanges
Address
10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, USA, 30328
Americold Realty Trust Inc is the world's second-largest owner and operator of temperature-controlled warehouses behind privately held Lineage Logistics. The Atlanta, Georgia-based firm owns and operates approximately 240 temperature-controlled warehouses, spanning 1.4 billion cubic feet. In 2021, the firm derived about 79% of its revenue from the United States but also has sizable operations in Europe, Canada, Australia, and New Zealand. Americold supplements its core business by providing supply management and transportation services to its various customers. It operates as a real estate investment trust.
Executives
Thomas C Novosel officer: See Remarks AMERICOLD REALTY TRUST, 10 GLENLAKE PARKWAY NE, SUITE 700, ATLANTA GA 30328
Robert Scott Chambers officer: EVP, Chief Commercial Officer 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Nathan H Harwell officer: EVP & Chief Legal Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Michael Bryan Verbarendse officer: see remarks 10 GLENLAKE PARKWAY, SUITE 600, SOUTH TOWER, ATLANTA GA 30328
Russell Scott Henderson officer: EVP & Chief Investment Officer 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 600, ATLANTA GA 30328
Snyder James C Jr officer: See Remarks 10 GLENLAKE PKWY, SOUTH TOWER, SUITE 600, ATLANTA GA 30328
David Charles Moore officer: See remarks C/O AMERICOLD REALTY TRUST, INC., 10 GLENLAKE PKWY, STE 600, SOUTH TOWER, ATLANTA GA 30328
Richard Charles Winnall officer: See remarks C/O AMERICOLD REALTY TRUST, INC., 10 GLENLAKE PKWY, STE 600, SOUTH TOWER, ATLANTA GA 30328
Samantha L Charleston officer: EVP & Chief Human Resources Of 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 600, ATLANTA GA 30328
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Robert L Bass director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Pamela K Kohn director 3001 COLORADO BLVD, DENTON TX 76210
Chappelle George F. Jr. director, officer: Interim CEO C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Carlos V Rodriguez officer: EVP and COO 300 PHILLIPI ROAD, COLUMBUS OH 43228
James R Heistand director 5127 FAIRWAY OAKS DRIVE, WINDERMERE FL 34786

Americold Realty Trust (Americold Realty Trust) Headlines