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DuPont de Nemours Asset Turnover

: 0.07 (As of Jun. 2022)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. DuPont de Nemours's Revenue for the three months ended in Jun. 2022 was $3,322 Mil. DuPont de Nemours's Total Assets for the quarter that ended in Jun. 2022 was $44,917 Mil. Therefore, DuPont de Nemours's Asset Turnover for the quarter that ended in Jun. 2022 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. DuPont de Nemours's annualized ROE % for the quarter that ended in Jun. 2022 was 12.18%. It is also linked to ROA % through Du Pont Formula. DuPont de Nemours's annualized ROA % for the quarter that ended in Jun. 2022 was 7.01%.


DuPont de Nemours Asset Turnover Historical Data

The historical data trend for DuPont de Nemours'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.

DuPont de Nemours Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.12 0.12 0.20 0.29

DuPont de Nemours Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Asset Turnover 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 Premium Member Only Premium Member Only Premium Member Only 0.07 0.09 0.09 0.07 0.07

DuPont de Nemours Asset Turnover Calculation

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

DuPont de Nemours's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=16653/( (70904+45707)/ 2 )
=16653/58305.5
=0.29

DuPont de Nemours's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=3322/( (45393+44440)/ 2 )
=3322/44916.5
=0.07

* 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.


DuPont de Nemours  (NYSE:DD) Asset Turnover Explanation

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

DuPont de Nemours's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=3148/25852
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3148 / 13288)*(13288 / 44916.5)*(44916.5/ 25852)
=Net Margin %*Asset Turnover*Equity Multiplier
=23.69 %*0.2958*1.7374
=ROA %*Equity Multiplier
=7.01 %*1.7374
=12.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

DuPont de Nemours's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=3148/44916.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3148 / 13288)*(13288 / 44916.5)
=Net Margin %*Asset Turnover
=23.69 %*0.2958
=7.01 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


DuPont de Nemours Asset Turnover Related Terms

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DuPont de Nemours Business Description

DuPont de Nemours logo
Address
974 Centre Road, Building 730, Wilmington, DE, USA, 19805
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which tend to have a wide range of applications across multiple industries.
Executives
Johnson Kristina M director 19 HEATH PL DURHAM NC 27705
Lowery Frederick M. director 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Curtin Terrence R director C/O TYCO ELECTRONICS LTD. 1050 WESTLAKES DRIVE BERWYN PA 19312
Mulligan Deanna director 7 HANOVER SQUARE NEW YORK NY 10004
Ratnakar Raj officer: SVP and Chief Strategy Officer C/O FORTIVE CORPORATION 6920 SEAWAY BOULEVARD EVERETT WA 98203
Weaver Leland officer: President, Water & Protection 974 CENTRE ROAD CRP 730, 5216 WILMINGTON DE 19805
Stone Randy Lee officer: President, Mobility & Material 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Hoover Erik T. officer: SVP & General Counsel 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Goss Michael G. officer: Controller 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Larrabee Steven P. officer: SVP & CIO 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Kemp Jon D. officer: President, E&I 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Koch Lori officer: EVP & CFO 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Raia Christopher officer: SVP & CHRO 974 CENTRE ROAD CRP 730 WILMINGTON DE 19805
Brady Amy G. director 127 PUBLIC SQUARE CLEVELAND OH 44114
Lee Rose officer: President, S&C C/O CROWN HOLDINGS, INC. 770 TOWNSHIP LINE ROAD YARDLEY PA 19067

DuPont de Nemours Headlines

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