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JELD-WEN Holding (JELD-WEN Holding) Asset Turnover : 0.34 (As of Dec. 2023)


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What is JELD-WEN Holding Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JELD-WEN Holding's Revenue for the three months ended in Dec. 2023 was $1,021 Mil. JELD-WEN Holding's Total Assets for the quarter that ended in Dec. 2023 was $2,994 Mil. Therefore, JELD-WEN Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. JELD-WEN Holding's annualized ROE % for the quarter that ended in Dec. 2023 was -16.47%. It is also linked to ROA % through Du Pont Formula. JELD-WEN Holding's annualized ROA % for the quarter that ended in Dec. 2023 was -4.64%.


JELD-WEN Holding Asset Turnover Historical Data

The historical data trend for JELD-WEN Holding'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.

JELD-WEN Holding Asset Turnover Chart

JELD-WEN Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.15 1.09 1.26 1.33

JELD-WEN Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.33 0.35 0.32 0.33 0.34

Competitive Comparison of JELD-WEN Holding's Asset Turnover

For the Building Products & Equipment subindustry, JELD-WEN Holding'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.


JELD-WEN Holding's Asset Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, JELD-WEN Holding's Asset Turnover distribution charts can be found below:

* The bar in red indicates where JELD-WEN Holding's Asset Turnover falls into.



JELD-WEN Holding Asset Turnover Calculation

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

JELD-WEN Holding'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 )
=4304.334/( (3501.361+2980.125)/ 2 )
=4304.334/3240.743
=1.33

JELD-WEN Holding's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1021.065/( (3008.317+2980.125)/ 2 )
=1021.065/2994.221
=0.34

* 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.


JELD-WEN Holding  (NYSE:JELD) Asset Turnover Explanation

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

JELD-WEN Holding's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-139.02/843.9015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-139.02 / 4084.26)*(4084.26 / 2994.221)*(2994.221/ 843.9015)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.4 %*1.364*3.5481
=ROA %*Equity Multiplier
=-4.64 %*3.5481
=-16.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

JELD-WEN Holding's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-139.02/2994.221
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-139.02 / 4084.26)*(4084.26 / 2994.221)
=Net Margin %*Asset Turnover
=-3.4 %*1.364
=-4.64 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


JELD-WEN Holding Asset Turnover Related Terms

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


JELD-WEN Holding (JELD-WEN Holding) Business Description

Traded in Other Exchanges
Address
2645 Silver Crescent Drive, Charlotte, NC, USA, 28273
JELD-WEN Holding Inc is engaged in door and window manufacturing. The company design, produce and distribute interior and exterior building product, offering a selection of doors, windows, walls, and related products. The products are used in the new construction of residential single and multi-family homes and non-residential buildings. The firm's operating segments are North America, Europe, and Australasia. It generates a majority of its revenue from North America.
Executives
Michael F Hilton director 28601 CLEMENS ROAD, WESTLAKE OH 44145
Wendy A. Livingston officer: EVP & CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
James S Hayes officer: EVP, GC & Corp Sec 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Timothy Craven officer: EVP, Human Resources JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202
John Krause officer: SVP & GM, NA 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Michael A Leon officer: SVP & Chief Accounting Officer SEALED AIR CORPORATION, 2415 CASCADE POINTE BLVD, CHARLOTTE NC 28208
Turtle Creek Asset Management Inc. 10 percent owner SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO A6 M5H 3Y2
David G Nord director UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
Catherine Ann Halligan director 243 CASELLI AVENUE, SAN FRANCISCO CA 94114
Steven E Wynne director 27700 SW PARKWAY AVENUE, WILSONVILLE OR 97070
Kevin C Lilly officer: Interim CEO 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Julie C Albrecht officer: EVP & CFO ONE NORTH SECOND STREET, HARTSVILLE SC 29550
William Christensen officer: EVP & President, Europe 2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Scott Vining officer: SVP & Chief Accounting Officer PARAGON FINANCIAL CORPORATION, 830-13 A1A NORTH, PONTE VEDRA BEACH FL 32082
Roderick Wendt director, other: Vice Chairman JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202