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Dreamworks Animation SKG (Dreamworks Animation SKG) Asset Turnover : 0.11 (As of Jun. 2016)


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What is Dreamworks Animation SKG Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dreamworks Animation SKG's Revenue for the three months ended in Jun. 2016 was $220.9 Mil. Dreamworks Animation SKG's Total Assets for the quarter that ended in Jun. 2016 was $1,966.1 Mil. Therefore, Dreamworks Animation SKG's Asset Turnover for the quarter that ended in Jun. 2016 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Dreamworks Animation SKG's annualized ROE % for the quarter that ended in Jun. 2016 was 0.80%. It is also linked to ROA % through Du Pont Formula. Dreamworks Animation SKG's annualized ROA % for the quarter that ended in Jun. 2016 was 0.47%.


Dreamworks Animation SKG Asset Turnover Historical Data

The historical data trend for Dreamworks Animation SKG'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.

Dreamworks Animation SKG Asset Turnover Chart

Dreamworks Animation SKG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.40 0.34 0.32 0.47

Dreamworks Animation SKG Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.13 0.17 0.10 0.11

Competitive Comparison of Dreamworks Animation SKG's Asset Turnover

For the Broadcasting subindustry, Dreamworks Animation SKG'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.


Dreamworks Animation SKG's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dreamworks Animation SKG's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dreamworks Animation SKG's Asset Turnover falls into.



Dreamworks Animation SKG Asset Turnover Calculation

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

Dreamworks Animation SKG's Asset Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=915.863/( (1969.705+1969.975)/ 2 )
=915.863/1969.84
=0.46

Dreamworks Animation SKG's Asset Turnover for the quarter that ended in Jun. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=220.926/( (1957.763+1974.485)/ 2 )
=220.926/1966.124
=0.11

* 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.


Dreamworks Animation SKG  (NAS:DWA) Asset Turnover Explanation

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

Dreamworks Animation SKG's annulized ROE % for the quarter that ended in Jun. 2016 is

ROE %**(Q: Jun. 2016 )
=Net Income/Total Stockholders Equity
=9.336/1164.247
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.336 / 883.704)*(883.704 / 1966.124)*(1966.124/ 1164.247)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.06 %*0.4495*1.6888
=ROA %*Equity Multiplier
=0.47 %*1.6888
=0.80 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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:

Dreamworks Animation SKG's annulized ROA % for the quarter that ended in Jun. 2016 is

ROA %(Q: Jun. 2016 )
=Net Income/Total Assets
=9.336/1966.124
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9.336 / 883.704)*(883.704 / 1966.124)
=Net Margin %*Asset Turnover
=1.06 %*0.4495
=0.47 %

Note: The Net Income data used here is four times the quarterly (Jun. 2016) net income data. The Revenue data used here is four times the quarterly (Jun. 2016) 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.


Dreamworks Animation SKG Asset Turnover Related Terms

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


Dreamworks Animation SKG (Dreamworks Animation SKG) Business Description

Traded in Other Exchanges
N/A
Address
Dreamworks Animation SKG Inc is a Delaware Corporation incorporated on October 28, 2004. The Company creates and exploits family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company operates through the following segments: Feature Films which consists of the development, production and exploitation of feature films in the theatrical, television, home entertainment and digital markets; Television Series and Specials which consists of the development, production and exploitation of television, direct-to-video and other non-theatrical content in the television, home entertainment and digital markets; Consumer Products which consists of merchandising and licensing activities related to the exploitation of its intellectual property rights; and All Other which consists of all other segments, primarily ATV and live performances. It has released a total of 27 animated feature films, including the franchise properties Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. In addition to the creation of feature films, it is engaged in a number of initiatives to more fully exploit its franchise and other properties. One of these initiatives is the development and production of episodic series. The Company has recently entered into long-term agreements with Netflix and certain foreign television broadcasters to deliver existing and future series over the next several years. It conducts its business in two studios: in Glendale, California and in Redwood City, California. It is currently producing six animated feature films for release in 2014 and 2015. Its films and other projects compete on a broad level with all forms of entertainment and other consumer leisure activities. Its competition for film audiences generally comes from other wide-release "event" films released into the theatrical market at or near the same time as its films.
Executives
Lucian Grainge director C/O ACTIVISION BLIZZARD, INC., 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405
Fazal F Merchant officer: Chief Financial Officer 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Steven A Adams officer: Chief Accounting Officer 2260 E IMPERIAL HIGHWAY, EL SEGUNDO X1 90245
Jeffrey Katzenberg director, 10 percent owner, officer: Chief Executive Officer C/O DREAMWORKS ANIMATION SKG, INC. 1000 FLOWER STREET GLENDALE CA 91201
Michael J Montgomery director 100 WILSHIRE BOULEVARD SUITE 400 SANTA MONICA CA 90401
Thomas E Freston director VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Jason Kilar director 208 S. AKARD ST, DALLAS TX 75202
Mary Agnes Wilderotter director 115 ALPINE TERRACE, OAKLAND CA 94618
Mellody L Hobson director C/O TELLABS, 1415 W DIEHL RD, NAPERVILLE IL 60563
Michael Francis officer: Chief Global Brand Officer 6501 LEGACY DRIVE, PLANO TX 75024
Lewis W Coleman director, officer: Vice Chairman
Mark Zoradi officer: Chief Operating Officer C/O DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Roger A Enrico director
Judson C Green director C/O NAVTEQ CORPORATION, 222 MERCHANDISE MART #900, CHICAGO IL 60554
Von Der Heyden Karl M director 25 CENTRAL PARK WEST, #24K, NEW YORK NY 10023

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