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GrubHub (GrubHub) Asset Turnover : 0.23 (As of Mar. 2021)


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What is GrubHub Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GrubHub's Revenue for the three months ended in Mar. 2021 was $551 Mil. GrubHub's Total Assets for the quarter that ended in Mar. 2021 was $2,376 Mil. Therefore, GrubHub's Asset Turnover for the quarter that ended in Mar. 2021 was 0.23.

Asset Turnover is linked to ROE % through Du Pont Formula. GrubHub's annualized ROE % for the quarter that ended in Mar. 2021 was -21.75%. It is also linked to ROA % through Du Pont Formula. GrubHub's annualized ROA % for the quarter that ended in Mar. 2021 was -12.71%.


GrubHub Asset Turnover Historical Data

The historical data trend for GrubHub'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.

GrubHub Asset Turnover Chart

GrubHub Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.50 0.56 0.59 0.76

GrubHub Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.15 0.18 0.20 0.21 0.23

Competitive Comparison of GrubHub's Asset Turnover

For the Internet Content & Information subindustry, GrubHub'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.


GrubHub's Asset Turnover Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GrubHub's Asset Turnover distribution charts can be found below:

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



GrubHub Asset Turnover Calculation

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

GrubHub's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=1819.982/( (2374.978+2388.919)/ 2 )
=1819.982/2381.9485
=0.76

GrubHub's Asset Turnover for the quarter that ended in Mar. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=550.592/( (2388.919+2362.471)/ 2 )
=550.592/2375.695
=0.23

* 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.


GrubHub  (NYSE:GRUB) Asset Turnover Explanation

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

GrubHub's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=-301.844/1387.91
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-301.844 / 2202.368)*(2202.368 / 2375.695)*(2375.695/ 1387.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=-13.71 %*0.927*1.7117
=ROA %*Equity Multiplier
=-12.71 %*1.7117
=-21.75 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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:

GrubHub's annulized ROA % for the quarter that ended in Mar. 2021 is

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=-301.844/2375.695
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-301.844 / 2202.368)*(2202.368 / 2375.695)
=Net Margin %*Asset Turnover
=-13.71 %*0.927
=-12.71 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) 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.


GrubHub Asset Turnover Related Terms

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


GrubHub (GrubHub) Business Description

Traded in Other Exchanges
N/A
Address
111 W. Washington Street, Suite 2100, Chicago, IL, USA, 60602
Founded in 2004, Grubhub provides an online takeout food platform for diners and restaurants. The firm generates revenue by charging restaurants a commission based on each order amount. It also charges consumers a delivery fee for orders where the firm handles the delivery. Grubhub has over 50,000 restaurant partners.
Executives
Adam Dewitt officer: President, CFO and Treasurer 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60603
Margo Drucker officer: Chief Legal Officer, Secretary 1065 AVENUE OF THE AMERICAS NEW YORK NY 10018
Brandt Walter Kucharski officer: Prin. Acct. Officer/Controller 111 W WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602
Samuel Pike Hall officer: Chief Product Officer C/O GRUBHUB INC., 111 W. WASHINGTON STREET, CHICAGO IL 60602
Matthew M. Maloney director, officer: CEO 200 EAST RANDOLPH STREET, SUITE 2435, CHICAGO IL 60601
Brian P Mcandrews director C/O PANDORA MEDIA, INC, 2101 WEBSTER STREET, #1650, OAKLAND CA 94612
Linda Johnson Rice director
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
David Fisher director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Keith Richman director C/O GRUBHUB INC. 111 W. WASHINGTON STREET, SUITE 2100 CHICAGO IL 60602
Girish Lakshman director 111 W. WASHINGTON STREET SUITE 2100 CHICAGO IL 60602
Lloyd D Frink director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Katrina Lake director 111 W. WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602
Maria Belousova officer: Chief Technology Officer C/O GRUBHUB INC., 5 BRYANT PARK, 15TH FL NEW YORK NY 10018
Stanley Chia officer: Chief Operating Officer 111 W. WASHINGTON STREET, SUITE 2100, CHICAGO IL 60602

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