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Vistra (Vistra) Asset Turnover : 0.10 (As of Dec. 2023)


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What is Vistra Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Vistra's Revenue for the three months ended in Dec. 2023 was $3,078 Mil. Vistra's Total Assets for the quarter that ended in Dec. 2023 was $32,456 Mil. Therefore, Vistra's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Vistra's annualized ROE % for the quarter that ended in Dec. 2023 was -13.61%. It is also linked to ROA % through Du Pont Formula. Vistra's annualized ROA % for the quarter that ended in Dec. 2023 was -2.27%.


Vistra Asset Turnover Historical Data

The historical data trend for Vistra'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.

Vistra Asset Turnover Chart

Vistra 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 0.45 0.44 0.44 0.44 0.45

Vistra 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 0.11 0.14 0.10 0.13 0.10

Competitive Comparison of Vistra's Asset Turnover

For the Utilities - Independent Power Producers subindustry, Vistra'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.


Vistra's Asset Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vistra's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Vistra's Asset Turnover falls into.



Vistra Asset Turnover Calculation

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

Vistra'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 )
=14779/( (32787+32966)/ 2 )
=14779/32876.5
=0.45

Vistra'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 )
=3078/( (31945+32966)/ 2 )
=3078/32455.5
=0.09

* 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.


Vistra  (NYSE:VST) Asset Turnover Explanation

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

Vistra's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-736/5406.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-736 / 12312)*(12312 / 32455.5)*(32455.5/ 5406.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.98 %*0.3794*6.0031
=ROA %*Equity Multiplier
=-2.27 %*6.0031
=-13.61 %

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:

Vistra's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-736/32455.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-736 / 12312)*(12312 / 32455.5)
=Net Margin %*Asset Turnover
=-5.98 %*0.3794
=-2.27 %

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.


Vistra Asset Turnover Related Terms

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


Vistra (Vistra) Business Description

Traded in Other Exchanges
Address
6555 Sierra Drive, Irving, TX, USA, 75039
Vistra Energy is one of the largest power producers and retail energy providers in the U.S. Excluding the Energy Harbor acquisition, Vistra owns and operates 38 gigawatts of nuclear, coal, natural gas, and solar power generation. Its retail electricity segment serves 4.3 million customers in 20 states. Vistra's retail business serves almost one third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016. It acquired Dynegy in 2018 and plans to close the Energy Harbor acquisition in 2023.
Executives
Stephanie Zapata Moore officer: See Remarks C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Carrie Lee Kirby officer: See Remarks C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Julie A. Lagacy director C/O RPM INTERNATIONAL INC., 2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
James A Burke officer: See Remarks 24 GREENWAY PLAZA, SUITE 1946, HOUSTON TX 77046
Scott B Helm director C/O VISTRA ENERGY CORP., 1601 BRYAN STREET, DALLAS TX 75201
Brookfield Asset Management Inc. 10 percent owner, other: Director by Deputization BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Scott A Hudson officer: SVP and President Retail C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039
Stacey H Dore officer: EVP & Chief Strategy Officer 1807 ROSS AVE, 4TH FLOOR, DALLAS TX 75201
Elizabeth Christine Dobry officer: VP and Controller C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Kristopher E. Moldovan officer: EVP and CFO 6555 SIERRA DRIVE, IRVING TX 75039
Brian K Ferraioli director C/O FOSTER WHEELER LTD, PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Curtis A Morgan director, officer: See Remarks 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Bam Partners Trust other: See Remarks 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Stephen J Muscato officer: SVP & Chief Commercial Officer C/O VISTRA ENERGY CORP., 6555 SIERRA DRIVE, IRVING TX 75039