GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » At Home Group Inc (NYSE:HOME) » Definitions » Asset Turnover

At Home Group (At Home Group) Asset Turnover : 0.21 (As of Apr. 2021)


View and export this data going back to 2016. Start your Free Trial

What is At Home Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. At Home Group's Revenue for the three months ended in Apr. 2021 was $537 Mil. At Home Group's Total Assets for the quarter that ended in Apr. 2021 was $2,555 Mil. Therefore, At Home Group's Asset Turnover for the quarter that ended in Apr. 2021 was 0.21.

Asset Turnover is linked to ROE % through Du Pont Formula. At Home Group's annualized ROE % for the quarter that ended in Apr. 2021 was 43.73%. It is also linked to ROA % through Du Pont Formula. At Home Group's annualized ROA % for the quarter that ended in Apr. 2021 was 8.82%.


At Home Group Asset Turnover Historical Data

The historical data trend for At Home Group'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.

At Home Group Asset Turnover Chart

At Home Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Asset Turnover
Get a 7-Day Free Trial 0.68 0.74 0.75 0.62 0.67

At Home Group Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.07 0.22 0.20 0.23 0.21

Competitive Comparison of At Home Group's Asset Turnover

For the Specialty Retail subindustry, At Home Group'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.


At Home Group's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, At Home Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where At Home Group's Asset Turnover falls into.



At Home Group Asset Turnover Calculation

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

At Home Group's Asset Turnover for the fiscal year that ended in Jan. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2021 )/( (Total Assets (A: Jan. 2020 )+Total Assets (A: Jan. 2021 ))/ count )
=1737.063/( (2679.547+2524.913)/ 2 )
=1737.063/2602.23
=0.67

At Home Group's Asset Turnover for the quarter that ended in Apr. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Apr. 2021 )/( (Total Assets (Q: Jan. 2021 )+Total Assets (Q: Apr. 2021 ))/ count )
=537.078/( (2524.913+2585.771)/ 2 )
=537.078/2555.342
=0.21

* 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.


At Home Group  (NYSE:HOME) Asset Turnover Explanation

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

At Home Group's annulized ROE % for the quarter that ended in Apr. 2021 is

ROE %**(Q: Apr. 2021 )
=Net Income/Total Stockholders Equity
=225.292/515.182
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(225.292 / 2148.312)*(2148.312 / 2555.342)*(2555.342/ 515.182)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.49 %*0.8407*4.9601
=ROA %*Equity Multiplier
=8.82 %*4.9601
=43.73 %

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

At Home Group's annulized ROA % for the quarter that ended in Apr. 2021 is

ROA %(Q: Apr. 2021 )
=Net Income/Total Assets
=225.292/2555.342
=(Net Income / Revenue)*(Revenue / Total Assets)
=(225.292 / 2148.312)*(2148.312 / 2555.342)
=Net Margin %*Asset Turnover
=10.49 %*0.8407
=8.82 %

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


At Home Group Asset Turnover Related Terms

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


At Home Group (At Home Group) Business Description

Traded in Other Exchanges
N/A
Address
1600 East Plano Parkway, Plano, TX, USA, 75074
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
Executives
Sumit Anand officer: Chief Information Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Laura L. Bracken officer: Chief Accounting Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Chad C Stauffer officer: Chief Merchandising Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Jeffrey R Knudson officer: Chief Financial Officer C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Norman E Mcleod officer: Chief Development Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Ashley F Sheetz officer: Chief Marketing Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Peter Sg Corsa officer: President and COO AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Mary Jane Broussard officer: GC and Corporate Secretary AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Aea Investors Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Aea Management (cayman) Ltd 10 percent owner P. O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Bird Lewis L Iii director, officer: Chairman, CEO and President AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Catherine Aslin officer: Chief Human Resources Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Philip L Francis director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074

At Home Group (At Home Group) Headlines

From GuruFocus

CAS Investment Partners Sends Letter to At Home Group Stockholders

By Business Wire Business Wire 06-18-2021

At Home Group Inc. Announces Expiration of "Go-Shop" Period

By Business Wire Business Wire 06-15-2021