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Pep Boys - Manny Moe & Jack (Pep Boys - Manny Moe & Jack) Asset Turnover : 0.34 (As of Oct. 2015)


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What is Pep Boys - Manny Moe & Jack Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pep Boys - Manny Moe & Jack's Revenue for the three months ended in Oct. 2015 was $508 Mil. Pep Boys - Manny Moe & Jack's Total Assets for the quarter that ended in Oct. 2015 was $1,500 Mil. Therefore, Pep Boys - Manny Moe & Jack's Asset Turnover for the quarter that ended in Oct. 2015 was 0.34.

Asset Turnover is linked to ROE % through Du Pont Formula. Pep Boys - Manny Moe & Jack's annualized ROE % for the quarter that ended in Oct. 2015 was 0.93%. It is also linked to ROA % through Du Pont Formula. Pep Boys - Manny Moe & Jack's annualized ROA % for the quarter that ended in Oct. 2015 was 0.34%.


Pep Boys - Manny Moe & Jack Asset Turnover Historical Data

The historical data trend for Pep Boys - Manny Moe & Jack'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.

Pep Boys - Manny Moe & Jack Asset Turnover Chart

Pep Boys - Manny Moe & Jack Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.29 1.29 1.29 1.33

Pep Boys - Manny Moe & Jack Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 0.33 0.32 0.35 0.35 0.34

Competitive Comparison of Pep Boys - Manny Moe & Jack's Asset Turnover

For the Auto Parts subindustry, Pep Boys - Manny Moe & Jack'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.


Pep Boys - Manny Moe & Jack's Asset Turnover Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pep Boys - Manny Moe & Jack's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Pep Boys - Manny Moe & Jack's Asset Turnover falls into.



Pep Boys - Manny Moe & Jack Asset Turnover Calculation

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

Pep Boys - Manny Moe & Jack's Asset Turnover for the fiscal year that ended in Jan. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jan. 2015 )/( (Total Assets (A: Jan. 2014 )+Total Assets (A: Jan. 2015 ))/ count )
=2084.603/( (1605.481+1541.741)/ 2 )
=2084.603/1573.611
=1.32

Pep Boys - Manny Moe & Jack's Asset Turnover for the quarter that ended in Oct. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2015 )/( (Total Assets (Q: Jul. 2015 )+Total Assets (Q: Oct. 2015 ))/ count )
=508.136/( (1507.18+1492.355)/ 2 )
=508.136/1499.7675
=0.34

* 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.


Pep Boys - Manny Moe & Jack  (NYSE:PBY) Asset Turnover Explanation

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

Pep Boys - Manny Moe & Jack's annulized ROE % for the quarter that ended in Oct. 2015 is

ROE %**(Q: Oct. 2015 )
=Net Income/Total Stockholders Equity
=5.064/546.09
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.064 / 2032.544)*(2032.544 / 1499.7675)*(1499.7675/ 546.09)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.25 %*1.3552*2.7464
=ROA %*Equity Multiplier
=0.34 %*2.7464
=0.93 %

Note: The Net Income data used here is four times the quarterly (Oct. 2015) net income data. The Revenue data used here is four times the quarterly (Oct. 2015) 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:

Pep Boys - Manny Moe & Jack's annulized ROA % for the quarter that ended in Oct. 2015 is

ROA %(Q: Oct. 2015 )
=Net Income/Total Assets
=5.064/1499.7675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.064 / 2032.544)*(2032.544 / 1499.7675)
=Net Margin %*Asset Turnover
=0.25 %*1.3552
=0.34 %

Note: The Net Income data used here is four times the quarterly (Oct. 2015) net income data. The Revenue data used here is four times the quarterly (Oct. 2015) 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.


Pep Boys - Manny Moe & Jack Asset Turnover Related Terms

Thank you for viewing the detailed overview of Pep Boys - Manny Moe & Jack's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Pep Boys - Manny Moe & Jack (Pep Boys - Manny Moe & Jack) Business Description

Traded in Other Exchanges
N/A
Address
Pep Boys - Manny Moe & Jack began operations in 1921. The Company together with its subsidiaries offers automotive service, tires, parts and accessories. The Company operates in the U.S. automotive aftermarket, which has two general lines of business: the Service business, commonly known as Do-It-For-Me, or "DIFM" (service labor, installed merchandise and tires) and the Retail business, commonly known as Do-It-Yourself, or "DIY" (retail merchandise) and commercial. The Company's store format is the Supercenter, which serves both "DIFM" and "DIY" customers with quality service offerings and merchandise. The Company is complementing the existing Supercenter store base with Service & Tire Centers. These Service & Tire Centers are designed to capture market share and leverage the existing Supercenter and support infrastructure. The Company currently operates stores in 35 states and Puerto Rico. The Company has eight operating segments defined by geographic regions. Each Pep Boys Supercenter carries a similar product line, with variations based on the number and type of cars in the market where the store is located. A Pep Boys Service & Tire Center carries tires and a limited selection of its products. The Company's product lines include: tires batteries; new and remanufactured parts for domestic and import vehicles; chemicals and maintenance items; fashion, electronic, and performance accessories; and a limited amount of select non-automotive merchandise. In addition to offering various high quality name brand products, the Company sells an array of high quality products under various private label names. The Company sells tires under the names DEFINITY, FUTURA and CORNELL, and batteries under the name PROSTART. It also sells wheel covers under the name FUTURA; air filters, anti-freeze, chemicals, cv axles, hub assemblies, lubricants, oil, oil filters, oil treatments, transmission fluids, custom wheels and wiper blades under the name PROLINE; alternators, battery booster packs, alkaline type batteries and starters under the name PROSTART; power steering hoses, chassis parts and power steering pumps under the name PROSTEER; brakes under the name PROSTOP and brakes, batteries, starters, ignitions and chassis under the name VALUEGRADE. The Company's commercial automotive parts delivery program, branded PEP EXPRESS PARTS, is designed to increase the Company's market share with the professional installer and to leverage its inventory investment. The program satisfies the commercial customer's automotive inventory needs by taking advantage of the breadth and quality of the Company's parts inventory as well as its experience supplying its own service bays and mechanics. The Company has a point-of-sale system in all of its stores, which gathers sales and inventory data by stock-keeping unit from each store on a daily basis. It has an electronic parts catalog that allows its associates to efficiently look up the parts that its customers need
Executives
Andrea Weiss director 23 RAMRAPO COURT WEST, GLENROCK NJ 07452
James A Mitarotonda director 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Robert L Nardelli director 2455 PACES FERRY ROAD, ATLANTA GA 30339
Liebau Frederic Jack Jr director P.O. BOX 2200, PASADENA CA 91102-2200
Robert H Hotz director C/O MIKASA, 20633 S FORDYCE AVENUE, LONG BEACH CA 90810
Robert Rosenblatt director C/O TOMMY HILFIGER USA INC, 25 W 39TH STREET, NEW YORK NY 10018
Jane Scaccetti director 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Scott P Sider director, officer: Chief Executive Officer THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656
Matthew Goldfarb director C/O DIEBOLD NIXDORF, INCORPORATED, 5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Icahn Enterprises Holdings L.p. 10 percent owner 16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830

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