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Louisiana-Pacific (Louisiana-Pacific) Asset Turnover : 0.27 (As of Dec. 2023)


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What is Louisiana-Pacific Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Louisiana-Pacific's Revenue for the three months ended in Dec. 2023 was $658 Mil. Louisiana-Pacific's Total Assets for the quarter that ended in Dec. 2023 was $2,409 Mil. Therefore, Louisiana-Pacific's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Louisiana-Pacific's annualized ROE % for the quarter that ended in Dec. 2023 was 15.43%. It is also linked to ROA % through Du Pont Formula. Louisiana-Pacific's annualized ROA % for the quarter that ended in Dec. 2023 was 9.80%.


Louisiana-Pacific Asset Turnover Historical Data

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Asset Turnover Chart

Louisiana-Pacific 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 1.06 1.42 1.83 1.70 1.08

Louisiana-Pacific 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 0.30 0.25 0.27 0.31 0.27

Competitive Comparison of Louisiana-Pacific's Asset Turnover

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific's Asset Turnover Distribution in the Construction Industry

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

* The bar in red indicates where Louisiana-Pacific's Asset Turnover falls into.



Louisiana-Pacific Asset Turnover Calculation

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

Louisiana-Pacific'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 )
=2581/( (2350+2437)/ 2 )
=2581/2393.5
=1.08

Louisiana-Pacific'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 )
=658/( (2380+2437)/ 2 )
=658/2408.5
=0.27

* 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.


Louisiana-Pacific  (NYSE:LPX) Asset Turnover Explanation

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

Louisiana-Pacific's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=236/1529
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(236 / 2632)*(2632 / 2408.5)*(2408.5/ 1529)
=Net Margin %*Asset Turnover*Equity Multiplier
=8.97 %*1.0928*1.5752
=ROA %*Equity Multiplier
=9.80 %*1.5752
=15.43 %

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:

Louisiana-Pacific's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=236/2408.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(236 / 2632)*(2632 / 2408.5)
=Net Margin %*Asset Turnover
=8.97 %*1.0928
=9.80 %

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.


Louisiana-Pacific Asset Turnover Related Terms

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


Louisiana-Pacific (Louisiana-Pacific) Business Description

Traded in Other Exchanges
Address
1610 West End Ave, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.
Executives
Michael W Blosser officer: SVP, Manufacturing Services 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Lizanne C Gottung director 1610 WEST END AVENUE, SUITE 200, NASHVILLE TN 37203
Derek Nelson Doyle officer: Principal Accounting Officer 1610 WEST END AVENUE, NASHVILLE TN 37203
Alan Haughie officer: EVP, CFO 860 RIDGE LAKE BLVD., MEMPHIS TN 38120
Jimmy Earl Mason officer: EVP & General Manager of OSB 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219-1711
Jose A Bayardo director 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Robin H Everhart officer: SVP, CHRO 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Nicole C Daniel officer: SVP, General Counsel 414 UNION STREET, NASHVILLE TN 37219
William Bradley Southern officer: Senior Vice President 1610 WEST END AVENUE, NASHVILLE TN 37203
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Michael Sims officer: SVP Sales and Marketing 414 UNION STREET, NASHVILLE TN 37219
Neil Sherman officer: SVP EWP 414 UNION STREET, NASHVILLE TN 37129
Jason Paul Ringbloom officer: EVP OSB 414 UNION STREET, NASHVILLE TN 37219
Kurt M Landgraf director ONE RIVERFRONT PLAZA, CORNING NY 14831
Gary Cook director C/O TRIMERIS, INC., 3500 PARAMOUNT PARKWAY, MORRISVILLE NC 27560