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JDEPY (JDE Peets NV) Asset Turnover : 0.18 (As of Jun. 2024)


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What is JDE Peets NV Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JDE Peets NV's Revenue for the six months ended in Jun. 2024 was $4,532 Mil. JDE Peets NV's Total Assets for the quarter that ended in Jun. 2024 was $25,175 Mil. Therefore, JDE Peets NV's Asset Turnover for the quarter that ended in Jun. 2024 was 0.18.

Asset Turnover is linked to ROE % through Du Pont Formula. JDE Peets NV's annualized ROE % for the quarter that ended in Jun. 2024 was 6.56%. It is also linked to ROA % through Du Pont Formula. JDE Peets NV's annualized ROA % for the quarter that ended in Jun. 2024 was 3.10%.


JDE Peets NV Asset Turnover Historical Data

The historical data trend for JDE Peets NV'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.

JDE Peets NV Asset Turnover Chart

JDE Peets NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.32 0.33 0.32 0.36 0.36

JDE Peets NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.19 0.18 0.19 0.18

Competitive Comparison of JDE Peets NV's Asset Turnover

For the Packaged Foods subindustry, JDE Peets NV'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.


JDE Peets NV's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JDE Peets NV's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JDE Peets NV's Asset Turnover falls into.



JDE Peets NV Asset Turnover Calculation

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

JDE Peets NV's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=8932.388/( (23968.22+25235.551)/ 2 )
=8932.388/24601.8855
=0.36

JDE Peets NV's Asset Turnover for the quarter that ended in Jun. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=4531.755/( (25235.551+25115.178)/ 2 )
=4531.755/25175.3645
=0.18

* 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.


JDE Peets NV  (OTCPK:JDEPY) Asset Turnover Explanation

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

JDE Peets NV's annulized ROE % for the quarter that ended in Jun. 2024 is

ROE %**(Q: Jun. 2024 )
=Net Income/Total Stockholders Equity
=779.332/11885.579
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(779.332 / 9063.51)*(9063.51 / 25175.3645)*(25175.3645/ 11885.579)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.6 %*0.36*2.1181
=ROA %*Equity Multiplier
=3.10 %*2.1181
=6.56 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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:

JDE Peets NV's annulized ROA % for the quarter that ended in Jun. 2024 is

ROA %(Q: Jun. 2024 )
=Net Income/Total Assets
=779.332/25175.3645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(779.332 / 9063.51)*(9063.51 / 25175.3645)
=Net Margin %*Asset Turnover
=8.6 %*0.36
=3.10 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) net income data. The Revenue data used here is two times the semi-annual (Jun. 2024) 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.


JDE Peets NV Asset Turnover Related Terms

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JDE Peets NV Business Description

Address
Oosterdoksstraat 80, Amsterdam, NH, NLD, 1011 DK
Formed by a merger of D.E. Master Blenders and Mondelez International's coffee assets in 2015 and augmented by the acquisition of Peet's Coffee in 2019, JDE Peet's is the world's largest pure-play coffee and tea group by revenue, with operations in more than 100 developed and emerging countries. Its portfolio of over 50 brands includes global labels such as Peet's, Jacobs, L'Or, Senseo, Tassimo, and Pickwick; regional brands like Douwe Egberts, Stumptown, Kenco, Moccona, Intelligentsia, OldTown, Super, and Ofcay; and local marques such as Maison du Cafe in France, Harris in Australia, and Mighty Leaf Tea in the U.S. Offerings reach across the CPG, out-of-home, retail, and online channels. JDE Peet's was first listed in 2020, with Acorn Holdings and Mondelez owning the majority of shares.