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Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Asset Turnover : 0.47 (As of Dec. 2023)


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What is Lulus Fashion Lounge Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Lulus Fashion Lounge Holdings's Revenue for the three months ended in Dec. 2023 was $75.0 Mil. Lulus Fashion Lounge Holdings's Total Assets for the quarter that ended in Dec. 2023 was $158.4 Mil. Therefore, Lulus Fashion Lounge Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. Lulus Fashion Lounge Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -46.02%. It is also linked to ROA % through Du Pont Formula. Lulus Fashion Lounge Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -18.26%.


Lulus Fashion Lounge Holdings Asset Turnover Historical Data

The historical data trend for Lulus Fashion Lounge Holdings'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.

Lulus Fashion Lounge Holdings Asset Turnover Chart

Lulus Fashion Lounge Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
3.34 2.31 3.43 3.13 2.24

Lulus Fashion Lounge Holdings Quarterly Data
Dec19 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 0.52 0.53 0.62 0.50 0.47

Competitive Comparison of Lulus Fashion Lounge Holdings's Asset Turnover

For the Apparel Retail subindustry, Lulus Fashion Lounge Holdings'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.


Lulus Fashion Lounge Holdings's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lulus Fashion Lounge Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Lulus Fashion Lounge Holdings's Asset Turnover falls into.



Lulus Fashion Lounge Holdings Asset Turnover Calculation

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

Lulus Fashion Lounge Holdings'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 )
=355.175/( (167.204+149.445)/ 2 )
=355.175/158.3245
=2.24

Lulus Fashion Lounge Holdings'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 )
=74.959/( (167.376+149.445)/ 2 )
=74.959/158.4105
=0.47

* 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.


Lulus Fashion Lounge Holdings  (NAS:LVLU) Asset Turnover Explanation

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

Lulus Fashion Lounge Holdings's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-28.92/62.844
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-28.92 / 299.836)*(299.836 / 158.4105)*(158.4105/ 62.844)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.65 %*1.8928*2.5207
=ROA %*Equity Multiplier
=-18.26 %*2.5207
=-46.02 %

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:

Lulus Fashion Lounge Holdings's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-28.92/158.4105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-28.92 / 299.836)*(299.836 / 158.4105)
=Net Margin %*Asset Turnover
=-9.65 %*1.8928
=-18.26 %

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.


Lulus Fashion Lounge Holdings Asset Turnover Related Terms

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


Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Business Description

Traded in Other Exchanges
N/A
Address
195 Humboldt Avenue, Chico, CA, USA, 95928
Lulus Fashion Lounge Holdings Inc is a fashion brand serving Millennial and Gen Z women. Its products include Fall Dresses, Winter Dresses, Sweater Dresses, Short Dresses, Casual Dresses, Wedding Dresses, and Denims, among others. The company generates the majority of its revenue from customers based in the United States.
Executives
Michael J Mardy director
Kelly Ann Mccarthy director 195 HUMBOLDT AVENUE, CHICO CA 95928
Caroline Sio-chin Sheu director 256 WEST DATA DRIVE, DRAPER UT 84020
Tiffany Rose Smith officer: Chief Financial Officer 195 HUMBOLDT AVENUE, CHICO CA 95928
Anisa Benita Kumar director 195 HUMBOLDT AVENUE, CHICO CA 95928
Kira Yugay director C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Dara Bazzano director 100 NORTH SEPULVEDA BLVD., SUITE 1100, EL SEGUNDO CA 90245
David W. Mccreight director, officer: Chief Executive Officer C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Danielle Qi director C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Norman A Fogelsong 10 percent owner C/O IVP, 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Dennis B Phelps 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Stephen J Harrick 10 percent owner 3000 SAND HILL ROAD, 2-250, MENLO PARK CA 94025
Crystal Landsem officer: See Remarks C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928
Mark Vos officer: See Remarks C/O LULUS FASHION LOUNGE HOLDINGS, INC., 195 HUMBOLDT AVENUE, CHICO CA 95928

Lulus Fashion Lounge Holdings (Lulus Fashion Lounge Holdings) Headlines