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Keurig Dr Pepper (Keurig Dr Pepper) Asset Turnover : 0.07 (As of Dec. 2023)


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What is Keurig Dr Pepper Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Keurig Dr Pepper's Revenue for the three months ended in Dec. 2023 was $3,867 Mil. Keurig Dr Pepper's Total Assets for the quarter that ended in Dec. 2023 was $51,947 Mil. Therefore, Keurig Dr Pepper's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Keurig Dr Pepper's annualized ROE % for the quarter that ended in Dec. 2023 was 10.86%. It is also linked to ROA % through Du Pont Formula. Keurig Dr Pepper's annualized ROA % for the quarter that ended in Dec. 2023 was 5.34%.


Keurig Dr Pepper Asset Turnover Historical Data

The historical data trend for Keurig Dr Pepper'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.

Keurig Dr Pepper Asset Turnover Chart

Keurig Dr Pepper 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 0.23 0.23 0.25 0.27 0.29

Keurig Dr Pepper 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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Keurig Dr Pepper's Asset Turnover

For the Beverages - Non-Alcoholic subindustry, Keurig Dr Pepper'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.


Keurig Dr Pepper's Asset Turnover Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Keurig Dr Pepper's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Keurig Dr Pepper's Asset Turnover falls into.



Keurig Dr Pepper Asset Turnover Calculation

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

Keurig Dr Pepper'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 )
=14814/( (51837+52130)/ 2 )
=14814/51983.5
=0.28

Keurig Dr Pepper'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 )
=3867/( (51763+52130)/ 2 )
=3867/51946.5
=0.07

* 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.


Keurig Dr Pepper  (NAS:KDP) Asset Turnover Explanation

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

Keurig Dr Pepper's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2772/25520
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2772 / 15468)*(15468 / 51946.5)*(51946.5/ 25520)
=Net Margin %*Asset Turnover*Equity Multiplier
=17.92 %*0.2978*2.0355
=ROA %*Equity Multiplier
=5.34 %*2.0355
=10.86 %

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:

Keurig Dr Pepper's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=2772/51946.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2772 / 15468)*(15468 / 51946.5)
=Net Margin %*Asset Turnover
=17.92 %*0.2978
=5.34 %

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.


Keurig Dr Pepper Asset Turnover Related Terms

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


Keurig Dr Pepper (Keurig Dr Pepper) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.
Executives
Matthew Andrew Archambault officer: President, Commercial 6425 HALL OF FAME LANE, FRISCO TX 75034
Timothy P. Cofer officer: Chief Operating Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Karin Rotem-wildeman officer: Chief R&D Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Anthony Shoemaker officer: Chief Legal Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Maria A. Sceppaguercio-gever officer: Chief Corp. Affairs Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Roger Frederick Johnson officer: Chief Supply Chain Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Sudhanshu Shekhar Priyadarshi officer: Chief Financial Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Mondelez International, Inc. director 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Robert James Gamgort director, officer: CEO & President KEURIG DR PEPPER INC., 6425 HALL OF FAME LANE, FRISCO TX 75034
Larry D Young director, officer: President & CEO 5301 LEGACY DRIVE, PLANO TX 75024
Oray Boston director 6425 HALL OF FAME LANE, FRISCO TX 75034
Maurice Anthony Milikin officer: Chief Supply Chain Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Georgios Lagoudakis officer: Interim CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Justin Whitmore officer: Chief Strategy Officer 6425 HALL OF FAME LANE, FRISCO TX 75034

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