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Duke Realty (Duke Realty) Asset Turnover : 0.03 (As of Jun. 2022)


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What is Duke Realty Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Duke Realty's Revenue for the three months ended in Jun. 2022 was $285 Mil. Duke Realty's Total Assets for the quarter that ended in Jun. 2022 was $10,773 Mil. Therefore, Duke Realty's Asset Turnover for the quarter that ended in Jun. 2022 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Duke Realty's annualized ROE % for the quarter that ended in Jun. 2022 was 6.54%. It is also linked to ROA % through Du Pont Formula. Duke Realty's annualized ROA % for the quarter that ended in Jun. 2022 was 3.80%.


Duke Realty Asset Turnover Historical Data

The historical data trend for Duke Realty'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.

Duke Realty Asset Turnover Chart

Duke Realty Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.13 0.12 0.11 0.11

Duke Realty Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Duke Realty's Asset Turnover

For the REIT - Industrial subindustry, Duke Realty'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.


Duke Realty's Asset Turnover Distribution in the REITs Industry

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

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



Duke Realty Asset Turnover Calculation

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

Duke Realty's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=1105.923/( (9111.394+10445.655)/ 2 )
=1105.923/9778.5245
=0.11

Duke Realty's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=285.288/( (10587.409+10958.282)/ 2 )
=285.288/10772.8455
=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.


Duke Realty  (NYSE:DRE) Asset Turnover Explanation

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

Duke Realty's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=409.88/6264.3125
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(409.88 / 1141.152)*(1141.152 / 10772.8455)*(10772.8455/ 6264.3125)
=Net Margin %*Asset Turnover*Equity Multiplier
=35.92 %*0.1059*1.7197
=ROA %*Equity Multiplier
=3.80 %*1.7197
=6.54 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Duke Realty's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=409.88/10772.8455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(409.88 / 1141.152)*(1141.152 / 10772.8455)
=Net Margin %*Asset Turnover
=35.92 %*0.1059
=3.80 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Duke Realty Asset Turnover Related Terms

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


Duke Realty (Duke Realty) Business Description

Traded in Other Exchanges
N/A
Address
8711 River Crossing Boulevard, Indianapolis, IN, USA, 46240
Duke Realty is an Indianapolis-based publicly traded REIT that owns and operates a portfolio of primarily industrial properties and provides real estate services to third-party owners. It has interest in over 150 million square feet across the largest logistics markets in the U.S.
Executives
Steven W Schnur officer: EVP, Chief Operating Officer 600 E. 96TH ST, STE 100, INDIANAPOLIS IN 46240
Mark A Denien officer: EVP & CFO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Scott P Anderson director 1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
John Case director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Michael E Szymanczyk director DOMINION RESOURCES, INC., 100 TREDEGAR STREET, RICHMOND VA 23219
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Melanie R Sabelhaus director 227 GREENSPRING VALLEY DRIVE, OWINGS MILLS MD 21117
Lynn C Thurber director JONES LANG LASALLE INCORPORTED, 200 E RANDOLPH DR, CHICAGO IL 60601
Scott Peter M Iii director P O BOX 1551, RALEIGH NC 27601
Tamara D Fischer director 5200 DTC PARKWAY, SUITE 200, GREENWOOD VILLAGE CO 80111
James B. Connor director, officer: President and CEO 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Ann C. Dee officer: EVP,General Counsel & Corp Sec 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Nicholas C. Anthony officer: EVP, Chief Investment Officer 600 E 96TH STREET, SUITE 100, INDIANAPOLIS IN 46240
Kelly T Killingsworth director 2430 SW 75TH TERRACE, PORTLAND OR 97225

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