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HD Supply Holdings (FRA:5HD) Asset Turnover : 0.16 (As of Oct. 2020)


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What is HD Supply Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HD Supply Holdings's Revenue for the three months ended in Oct. 2020 was €703 Mil. HD Supply Holdings's Total Assets for the quarter that ended in Oct. 2020 was €4,338 Mil. Therefore, HD Supply Holdings's Asset Turnover for the quarter that ended in Oct. 2020 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. HD Supply Holdings's annualized ROE % for the quarter that ended in Oct. 2020 was 283.46%. It is also linked to ROA % through Du Pont Formula. HD Supply Holdings's annualized ROA % for the quarter that ended in Oct. 2020 was 126.06%.


HD Supply Holdings Asset Turnover Historical Data

The historical data trend for HD Supply Holdings'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.

HD Supply Holdings Asset Turnover Chart

HD Supply Holdings Annual Data
Trend Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.83 0.94 1.46 1.39

HD Supply Holdings Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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 0.17 0.78 0.30 0.32 0.16

Competitive Comparison of HD Supply Holdings's Asset Turnover

For the Industrial Distribution subindustry, HD Supply Holdings'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.


HD Supply Holdings's Asset Turnover Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, HD Supply Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where HD Supply Holdings's Asset Turnover falls into.



HD Supply Holdings Asset Turnover Calculation

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

HD Supply Holdings's Asset Turnover for the fiscal year that ended in Jan. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2020 )/( (Total Assets (A: Jan. 2019 )+Total Assets (A: Jan. 2020 ))/ count )
=5537.546/( (3708.108+4248.215)/ 2 )
=5537.546/3978.1615
=1.39

HD Supply Holdings's Asset Turnover for the quarter that ended in Oct. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2020 )/( (Total Assets (Q: Jul. 2020 )+Total Assets (Q: Oct. 2020 ))/ count )
=703.375/( (4133.37+4541.975)/ 2 )
=703.375/4337.6725
=0.16

* 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.


HD Supply Holdings  (FRA:5HD) Asset Turnover Explanation

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

HD Supply Holdings's annulized ROE % for the quarter that ended in Oct. 2020 is

ROE %**(Q: Oct. 2020 )
=Net Income/Total Stockholders Equity
=5467.88/1928.9775
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5467.88 / 2813.5)*(2813.5 / 4337.6725)*(4337.6725/ 1928.9775)
=Net Margin %*Asset Turnover*Equity Multiplier
=194.34 %*0.6486*2.2487
=ROA %*Equity Multiplier
=126.06 %*2.2487
=283.46 %

Note: The Net Income data used here is four times the quarterly (Oct. 2020) net income data. The Revenue data used here is four times the quarterly (Oct. 2020) 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:

HD Supply Holdings's annulized ROA % for the quarter that ended in Oct. 2020 is

ROA %(Q: Oct. 2020 )
=Net Income/Total Assets
=5467.88/4337.6725
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5467.88 / 2813.5)*(2813.5 / 4337.6725)
=Net Margin %*Asset Turnover
=194.34 %*0.6486
=126.06 %

Note: The Net Income data used here is four times the quarterly (Oct. 2020) net income data. The Revenue data used here is four times the quarterly (Oct. 2020) 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.


HD Supply Holdings Asset Turnover Related Terms

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HD Supply Holdings (FRA:5HD) Business Description

Traded in Other Exchanges
N/A
Address
3100 Cumberland Boulevard, Suite 1480, Atlanta, GA, USA, 30339
Through a combination of acquisitions and organic growth, HD Supply has become one of the largest industrial distributors in North America. It is currently the market leader in the two sectors in which it operates (facilities and home improvement maintenance, repair, and operations and specialty construction). Today, HD Supply offers approximately 600,000 stock-keeping units and serves 500,000 customers through 270 branches and 44 distribution centers across the United States and Canada. HD Supply sold its construction and industrial business for $2.5 billion net of taxes and transaction costs in October 2020. On Nov. 16, 2020, Home Depot announced it had entered into a definitive agreement to acquire HD Supply for $56 per share.

HD Supply Holdings (FRA:5HD) Headlines

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