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CPB (The Campbell's Co) Asset Turnover : 0.17 (As of Jan. 2025)


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What is The Campbell's 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. The Campbell's Co's Revenue for the three months ended in Jan. 2025 was $2,685 Mil. The Campbell's Co's Total Assets for the quarter that ended in Jan. 2025 was $16,011 Mil. Therefore, The Campbell's Co's Asset Turnover for the quarter that ended in Jan. 2025 was 0.17.

Asset Turnover is linked to ROE % through Du Pont Formula. The Campbell's Co's annualized ROE % for the quarter that ended in Jan. 2025 was 17.85%. It is also linked to ROA % through Du Pont Formula. The Campbell's Co's annualized ROA % for the quarter that ended in Jan. 2025 was 4.32%.


The Campbell's Co Asset Turnover Historical Data

The historical data trend for The Campbell's 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.

The Campbell's Co Asset Turnover Chart

The Campbell's Co Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.70 0.73 0.78 0.71

The Campbell's Co Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.20 0.17 0.15 0.18 0.17

Competitive Comparison of The Campbell's Co's Asset Turnover

For the Packaged Foods subindustry, The Campbell's 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.


The Campbell's Co's Asset Turnover Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where The Campbell's Co's Asset Turnover falls into.



The Campbell's Co Asset Turnover Calculation

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

The Campbell's Co's Asset Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jul. 2024 )/( (Total Assets (A: Jul. 2023 )+Total Assets (A: Jul. 2024 ))/ count )
=9636/( (12058+15235)/ 2 )
=9636/13646.5
=0.71

The Campbell's Co's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=2685/( (16112+15910)/ 2 )
=2685/16011
=0.17

* 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.


The Campbell's Co  (NAS:CPB) Asset Turnover Explanation

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

The Campbell's Co's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=692/3876
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(692 / 10740)*(10740 / 16011)*(16011/ 3876)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.44 %*0.6708*4.1308
=ROA %*Equity Multiplier
=4.32 %*4.1308
=17.85 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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:

The Campbell's Co's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=692/16011
=(Net Income / Revenue)*(Revenue / Total Assets)
=(692 / 10740)*(10740 / 16011)
=Net Margin %*Asset Turnover
=6.44 %*0.6708
=4.32 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) 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.


The Campbell's Co Asset Turnover Related Terms

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


The Campbell's Co Business Description

Address
1 Campbell Place, Camden, NJ, USA, 08103-1799
Over the past 150-plus years, Campbell has evolved into a leading packaged food manufacturer in North America, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2024, snacks accounted for nearly half of its revenue, followed by soup (28%), other simple meals (17%), and beverages (7%). Outside its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and recently acquired Rao's (a deal that closed in March 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.
Executives
Anthony Sanzio officer: Executive Vice President 1 CAMPBELL PLACE, CAMDEN NJ 08103
Stanley Polomski officer: Vice President and Controller ONE CAMPBELL PLACE, CAMDEN NJ 08103
Carrie L Anderson officer: Executive Vice President & CFO 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Adam Grey Ciongoli officer: Senior Vice President ONE CAMPBELL PLACE, CAMDEN NJ 08103
Bennett Jr Dorrance director 1, CAMPBELL PLACE, CAMDEN NJ 08103
Craig Slavtcheff officer: Senior Vice President 1 CAMPBELL PLACE, CAMDEN NJ 08103
Daniel L Poland officer: EVP, Chief Supply Chain Off. 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
May Diane Johnson officer: Executive VP & CHRO C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Grant Hill director 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801
Valerie Oswalt officer: Executive Vice President 1 CAMPBELL PLACE, ATTN: LEGAL DEPARTMENT, CAMDEN NJ 08103
Mick J Beekhuizen officer: Senior Vice President & CFO C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Robert Furbee officer: Senior Vice President ONE CAMPBELL PLACE, CAMDEN NJ 08103
Randall W Larrimore director OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
Christopher Foley officer: Senior Vice President CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
John P Bilbrey director