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Blue Owl Capital (Blue Owl Capital) Asset Turnover : 0.02 (As of Dec. 2023)


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What is Blue Owl Capital Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Blue Owl Capital's Revenue for the three months ended in Dec. 2023 was $205.4 Mil. Blue Owl Capital's Total Assets for the quarter that ended in Dec. 2023 was $13,486.6 Mil. Therefore, Blue Owl Capital's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Blue Owl Capital's annualized ROE % for the quarter that ended in Dec. 2023 was 12.58%. It is also linked to ROA % through Du Pont Formula. Blue Owl Capital's annualized ROA % for the quarter that ended in Dec. 2023 was 5.60%.


Blue Owl Capital Asset Turnover Historical Data

The historical data trend for Blue Owl Capital'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.

Blue Owl Capital Asset Turnover Chart

Blue Owl Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.06 0.03 0.06 0.04 0.06

Blue Owl Capital 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Blue Owl Capital's Asset Turnover

For the Credit Services subindustry, Blue Owl Capital'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.


Blue Owl Capital's Asset Turnover Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Blue Owl Capital's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Blue Owl Capital's Asset Turnover falls into.



Blue Owl Capital Asset Turnover Calculation

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

Blue Owl Capital'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 )
=864.329/( (13584.853+13511.396)/ 2 )
=864.329/13548.1245
=0.06

Blue Owl Capital'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 )
=205.439/( (13461.82+13511.396)/ 2 )
=205.439/13486.608
=0.02

* 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.


Blue Owl Capital  (NYSE:OBDC) Asset Turnover Explanation

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

Blue Owl Capital's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=755.868/6010.701
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(755.868 / 821.756)*(821.756 / 13486.608)*(13486.608/ 6010.701)
=Net Margin %*Asset Turnover*Equity Multiplier
=91.98 %*0.0609*2.2438
=ROA %*Equity Multiplier
=5.60 %*2.2438
=12.58 %

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:

Blue Owl Capital's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=755.868/13486.608
=(Net Income / Revenue)*(Revenue / Total Assets)
=(755.868 / 821.756)*(821.756 / 13486.608)
=Net Margin %*Asset Turnover
=91.98 %*0.0609
=5.60 %

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.


Blue Owl Capital Asset Turnover Related Terms

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


Blue Owl Capital (Blue Owl Capital) Business Description

Traded in Other Exchanges
Address
399 Park Avenue, 38th Floor, New York, NY, USA, 10022
Blue Owl Capital Corp is a specialty finance company and business development company (BDC) focused on providing direct lending solutions to U.S. middle-market companies. The company seeks to generate current income and, to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns, including senior secured, subordinated, or mezzanine loans and equity-related instruments. Its investment strategy is intended to generate favorable returns across credit cycles with an emphasis on preserving capital.
Executives
Chris Temple director 3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Matthew Swatt officer: Co-Treasurer 399 PARK AVE 38TH FL, NEW YORK DC 10022
Eric A. Kaye director C/O OWL ROCK CAPITAL CORPORATION, 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Craig Packer director, officer: President and CEO (1) C/O BLUE OWL CAPITAL INC., 399 PARK AVENUE, 37TH FLOOR, NEW YORK NY 10022
Edward H Dalelio director 1000 BOARDWALK AT VIRGINIA AVENUE, ATLANTIC CITY NJ 08401
Alexis Maged officer: Vice President C/O OWL ROCK CAPITAL CORPORATION, 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Melissa Weiler director 399 PARK AVE 38TH FL, NEW YORK DC 10022
Victor Woolridge director 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Jennifer Mcmillon officer: Co-Treasurer and Co-Controller C/O OWL ROCK CAPITAL CORPORATION, 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Shari Withem officer: Co-Treasurer 399 PARK AVE 38TH FL, NEW YORK NY 10022
Jonathan Lamm, officer: See Remarks 200 WEST STREET, NEW YORK NY 10282
Regents Of The University Of California 10 percent owner 1111 FRANKLIN STREET, 6TH FLOOR, OAKLAND CA 94607
Neena Reddy officer: Vice President and Secretary C/O OWL ROCK CAPITAL ADVISORS LLC, 399 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10022
Karen F. Hager officer: Chief Compliance Officer OWL ROCK CAPITAL CORPORATION, 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Bryan Thomas Cole officer: Controller C/O OWL ROCK CAPITAL CORPORATION, 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167

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