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Great Plains Energy (Great Plains Energy) Asset Turnover : 0.05 (As of Mar. 2018)


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What is Great Plains Energy Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Great Plains Energy's Revenue for the three months ended in Mar. 2018 was $583.90 Mil. Great Plains Energy's Total Assets for the quarter that ended in Mar. 2018 was $12,453.15 Mil. Therefore, Great Plains Energy's Asset Turnover for the quarter that ended in Mar. 2018 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Great Plains Energy's annualized ROE % for the quarter that ended in Mar. 2018 was 2.83%. It is also linked to ROA % through Du Pont Formula. Great Plains Energy's annualized ROA % for the quarter that ended in Mar. 2018 was 1.12%.


Great Plains Energy Asset Turnover Historical Data

The historical data trend for Great Plains Energy'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.

Great Plains Energy Asset Turnover Chart

Great Plains Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.25 0.24 0.22 0.21

Great Plains Energy Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.04 0.04 0.06 0.05 0.05

Competitive Comparison of Great Plains Energy's Asset Turnover

For the Utilities - Regulated Electric subindustry, Great Plains Energy'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.


Great Plains Energy's Asset Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Great Plains Energy's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Great Plains Energy's Asset Turnover falls into.



Great Plains Energy Asset Turnover Calculation

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

Great Plains Energy's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=2708.2/( (13570+12457.9)/ 2 )
=2708.2/13013.95
=0.21

Great Plains Energy's Asset Turnover for the quarter that ended in Mar. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=583.9/( (12457.9+12448.4)/ 2 )
=583.9/12453.15
=0.05

* 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.


Great Plains Energy  (NYSE:GXPPRBCL.PFD) Asset Turnover Explanation

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

Great Plains Energy's annulized ROE % for the quarter that ended in Mar. 2018 is

ROE %**(Q: Mar. 2018 )
=Net Income/Total Stockholders Equity
=140/4953.3
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(140 / 2335.6)*(2335.6 / 12453.15)*(12453.15/ 4953.3)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.99 %*0.1876*2.5141
=ROA %*Equity Multiplier
=1.12 %*2.5141
=2.83 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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:

Great Plains Energy's annulized ROA % for the quarter that ended in Mar. 2018 is

ROA %(Q: Mar. 2018 )
=Net Income/Total Assets
=140/12453.15
=(Net Income / Revenue)*(Revenue / Total Assets)
=(140 / 2335.6)*(2335.6 / 12453.15)
=Net Margin %*Asset Turnover
=5.99 %*0.1876
=1.12 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) net income data. The Revenue data used here is four times the quarterly (Mar. 2018) 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.


Great Plains Energy Asset Turnover Related Terms

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


Great Plains Energy (Great Plains Energy) Business Description

Traded in Other Exchanges
N/A
Address
Great Plains Energy is the holding company of Kansas City Power & Light and Greater Missouri Operations. The two regulated utilities provide electric service to roughly 900,000 customers in the Kansas City area and nearby western Missouri and eastern Kansas. The company has about 6.5 gigawatts of generating capacity. More than 80% of its electricity generation is from coal-fired plants, approximately 15% comes from its co-owned Wolf Creek nuclear plant, and the remainder is from gas, oil, and wind farms.
Executives
Sandra J Price director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Steven P Busser officer: VP-Bus. Planning & Controller C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Scott D. Grimes director CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Darrin R. Ives officer: VP - Regulatory Affairs C/O GREAT PLAINS ENERGY INCORPORATED, 1200 MAIN STREET, KANSAS CITY MO 64105
Ann D. Murtlow director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Charles A. Caisley officer: VP-Marketing & Public Affairs C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Ellen E Fairchild officer: VP, Corporate Sec'y and CCO C/O GREAT PLAINS ENERGY INCORPORATED, 1200 MAIN STREET, KANSAS CITY MO 64105
Heather A Humphrey officer: SVP - HR and General Counsel C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Terry D Bassham director, officer: President and COO COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248
Michael Deggendorf officer: SVP-Delivery 20208 NE 102ND ST., LIBERTY MO 64068
Michael J Chesser director, officer: Chief Executive Officer 2818 N SULLIVAN ROAD, SPOLANE WA 99216
Scott Heidtbrink officer: SVP - Supply 20 WEST NINTH STREET, KANSAS CITY MO 64105
William H Downey other: Former Dir&Exec Vice Chairman
Kevin E. Bryant officer: VP-Inv. Relations & Treasurer C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
James C Shay officer: SVP, CFO 8800 EAST 63RD STREET, KANSAS CITY MO 64133

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