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GCP Applied Technologies (GCP Applied Technologies) Asset Turnover : 0.19 (As of Jun. 2022)


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What is GCP Applied Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. GCP Applied Technologies's Revenue for the three months ended in Jun. 2022 was $268.4 Mil. GCP Applied Technologies's Total Assets for the quarter that ended in Jun. 2022 was $1,411.1 Mil. Therefore, GCP Applied Technologies's Asset Turnover for the quarter that ended in Jun. 2022 was 0.19.

Asset Turnover is linked to ROE % through Du Pont Formula. GCP Applied Technologies's annualized ROE % for the quarter that ended in Jun. 2022 was 3.35%. It is also linked to ROA % through Du Pont Formula. GCP Applied Technologies's annualized ROA % for the quarter that ended in Jun. 2022 was 1.56%.


GCP Applied Technologies Asset Turnover Historical Data

The historical data trend for GCP Applied Technologies'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.

GCP Applied Technologies Asset Turnover Chart

GCP Applied Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.75 0.79 0.66 0.68

GCP Applied Technologies Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.18 0.17 0.17 0.17 0.19

Competitive Comparison of GCP Applied Technologies's Asset Turnover

For the Specialty Chemicals subindustry, GCP Applied Technologies'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.


GCP Applied Technologies's Asset Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, GCP Applied Technologies's Asset Turnover distribution charts can be found below:

* The bar in red indicates where GCP Applied Technologies's Asset Turnover falls into.



GCP Applied Technologies Asset Turnover Calculation

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

GCP Applied Technologies'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 )
=970.1/( (1417.6+1446.6)/ 2 )
=970.1/1432.1
=0.68

GCP Applied Technologies'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 )
=268.4/( (1425.5+1396.7)/ 2 )
=268.4/1411.1
=0.19

* 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.


GCP Applied Technologies  (NYSE:GCP) Asset Turnover Explanation

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

GCP Applied Technologies's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=22/656.25
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(22 / 1073.6)*(1073.6 / 1411.1)*(1411.1/ 656.25)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.05 %*0.7608*2.1502
=ROA %*Equity Multiplier
=1.56 %*2.1502
=3.35 %

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:

GCP Applied Technologies's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=22/1411.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(22 / 1073.6)*(1073.6 / 1411.1)
=Net Margin %*Asset Turnover
=2.05 %*0.7608
=1.56 %

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.


GCP Applied Technologies Asset Turnover Related Terms

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


GCP Applied Technologies (GCP Applied Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2325 Lakeview Parkway, Alpharetta, GA, USA, 30009
GCP Applied Technologies Inc is a provider of construction products and technologies. Its business is spread across two segments. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials. Its Specialty Building Materials segment creates products that protect structures from water, air, vapor, and fire damage. It generates maximum revenue from the Specialty Construction Chemicals segment. Geographically, it derives a majority of revenue from the United States.
Executives
James Waddell officer: Chief Accounting Officer C/O GCP APPLIED TECHNOLOGIES INC., 62 WHITTEMORE AVENUE, CAMBRIDGE MA 02140
G Holdings Inc. 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
Standard Industries Holdings Inc. 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
G-i Holdings Inc. 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
Dalbergia Investments Llc 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
G Holdings Llc 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
Standard Industries Inc. 10 percent owner 1 CAMPUS DRIVE,, PARSIPPANY NJ 07054
Lauzon Armand F Jr director 227 WEST MONROE STREET, SUITE 2600, CHICAGO IL 60606
Simon Bates director, officer: See Remarks 62 WHITTEMORE AVE, CAMBRIDGE MA 02140
David J. Millstone 10 percent owner C/O 40 NORTH MANAGEMENT LLC, 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019
Andrew M Ross director 6060 PARKLAND BLVD, MAYFIELD VILLAGE OH 44124
David S. Winter 10 percent owner C/O 40 NORTH MANAGEMENT LLC, 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019
Robert H Yanker director 3505 RIVERLY ROAD, ATLANTA GA 30327
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122
Si Gp Iii Llc 10 percent owner 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019

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