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Soho House (Soho House) Asset Turnover : 0.12 (As of Dec. 2023)


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What is Soho House Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Soho House's Revenue for the three months ended in Dec. 2023 was $291 Mil. Soho House's Total Assets for the quarter that ended in Dec. 2023 was $2,533 Mil. Therefore, Soho House's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. Soho House's annualized ROE % for the quarter that ended in Dec. 2023 was 188.66%. It is also linked to ROA % through Du Pont Formula. Soho House's annualized ROA % for the quarter that ended in Dec. 2023 was -9.00%.


Soho House Asset Turnover Historical Data

The historical data trend for Soho House'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.

Soho House Asset Turnover Chart

Soho House Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.24 0.19 0.25 0.40 0.45

Soho House Quarterly Data
Dec18 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 0.11 0.10 0.11 0.12 0.12

Competitive Comparison of Soho House's Asset Turnover

For the Lodging subindustry, Soho House'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.


Soho House's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Soho House's Asset Turnover distribution charts can be found below:

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



Soho House Asset Turnover Calculation

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

Soho House'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 )
=1135.879/( (2467.896+2537.802)/ 2 )
=1135.879/2502.849
=0.45

Soho House'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 )
=290.79/( (2527.369+2537.802)/ 2 )
=290.79/2532.5855
=0.11

* 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.


Soho House  (NYSE:SHCO) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-227.98/-120.84
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-227.98 / 1163.16)*(1163.16 / 2532.5855)*(2532.5855/ -120.84)
=Net Margin %*Asset Turnover*Equity Multiplier
=-19.6 %*0.4593*-20.9582
=ROA %*Equity Multiplier
=-9.00 %*-20.9582
=188.66 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-227.98/2532.5855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-227.98 / 1163.16)*(1163.16 / 2532.5855)
=Net Margin %*Asset Turnover
=-19.6 %*0.4593
=-9.00 %

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.


Soho House Asset Turnover Related Terms

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


Soho House (Soho House) Business Description

Traded in Other Exchanges
Address
180 Strand, London, GBR, WC2R 1EA
Soho House & Co Inc is a membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. The members use the platform to work, socialize, connect, create and flourish all over the world. It offers lease agreement Houses, hotels, restaurants, studios, spas, and other properties.
Executives
Nick Jones director, officer: Founder, other: See Remarks 515 W. 20TH STREET, NEW YORK NY 10011
Yusef Jackson director C/O YUCAIPA ACQUISITION CORPORATION, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Thomas Glassbrooke Allen officer: Chief Financial Officer 180 STRAND, LONDON X0 WC2R 1EA
Andrew Carnie director, officer: Chief Executive Officer 515 W. 20TH STREET., NEW YORK NY 10011
Richard Caring director, 10 percent owner, other: See Remarks 515 W. 20TH STREET, NEW YORK DC 10011
Mark Ein director
Martin Kuczmarski officer: Chief Operating Officer 515 W. 20TH STREET, NEW YORK NY 10011
Humera Afzal officer: Chief Financial Officer 515 W. 20TH STREET, NEW YORK NY 10011
Ronald W Burkle director, 10 percent owner, other: Exec. Chairman; See Remarks
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Broad Street Principal Investments, L.l.c. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments I, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments U, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments W, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsss Investments X, Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282