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Terminix Global Holdings (Terminix Global Holdings) Asset Turnover : 0.13 (As of Jun. 2022)


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What is Terminix Global Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Terminix Global Holdings's Revenue for the three months ended in Jun. 2022 was $585 Mil. Terminix Global Holdings's Total Assets for the quarter that ended in Jun. 2022 was $4,491 Mil. Therefore, Terminix Global Holdings's Asset Turnover for the quarter that ended in Jun. 2022 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Terminix Global Holdings's annualized ROE % for the quarter that ended in Jun. 2022 was 0.33%. It is also linked to ROA % through Du Pont Formula. Terminix Global Holdings's annualized ROA % for the quarter that ended in Jun. 2022 was 0.18%.


Terminix Global Holdings Asset Turnover Historical Data

The historical data trend for Terminix Global Holdings'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.

Terminix Global Holdings Asset Turnover Chart

Terminix Global Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.31 0.35 0.39 0.44

Terminix Global Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.12 0.12 0.11 0.11 0.13

Competitive Comparison of Terminix Global Holdings's Asset Turnover

For the Personal Services subindustry, Terminix Global Holdings'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.


Terminix Global Holdings's Asset Turnover Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Terminix Global Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Terminix Global Holdings's Asset Turnover falls into.



Terminix Global Holdings Asset Turnover Calculation

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

Terminix Global Holdings's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=2045/( (4837+4410)/ 2 )
=2045/4623.5
=0.44

Terminix Global Holdings's Asset Turnover for the quarter that ended in Jun. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=585/( (4495+4486)/ 2 )
=585/4490.5
=0.13

* 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.


Terminix Global Holdings  (NYSE:TMX) Asset Turnover Explanation

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

Terminix Global Holdings's annulized ROE % for the quarter that ended in Jun. 2022 is

ROE %**(Q: Jun. 2022 )
=Net Income/Total Stockholders Equity
=8/2432.5
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8 / 2340)*(2340 / 4490.5)*(4490.5/ 2432.5)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.34 %*0.5211*1.846
=ROA %*Equity Multiplier
=0.18 %*1.846
=0.33 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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:

Terminix Global Holdings's annulized ROA % for the quarter that ended in Jun. 2022 is

ROA %(Q: Jun. 2022 )
=Net Income/Total Assets
=8/4490.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8 / 2340)*(2340 / 4490.5)
=Net Margin %*Asset Turnover
=0.34 %*0.5211
=0.18 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Terminix Global Holdings Asset Turnover Related Terms

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


Terminix Global Holdings (Terminix Global Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Peabody Place, Memphis, TN, USA, 38103
Terminix Global Holdings Inc provides residential and commercial termite and pest control services. The company has one reportable segment: termite and pest control management. This segment has several service lines including residential pest management, commercial pest management, termite and home services, sales of products and other, and European pest management. The majority of company revenue comes from residential/commercial pest management and termite and home services in the United States.
Executives
Deborah H Caplan director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
Brett Ponton officer: CEO 200 HOLLEDER PARKWAY, ROCHETER NY 14615
Deidre Richardson officer: SVP & General Counsel 150 PEABODY PL MEMPHIS TN 38103-3720
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Chris Terrill director FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Mary J Hopkins officer: Vice Pres, Controller & CAO 150 PEABODY PLACE MEMPHIS TN 38103
John Patrick Mullen officer: VP, Controller & CAO 860 RIDGE LAKE BOULEVARD MEMPHIS TN 38120
Brett Dorton officer: CEO C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Anthony Dilucente officer: Sr. Vice President 150 PEABODY PLACE MEMPHIS TN 38103-3720
David J Frear director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Robert James Riesbeck officer: EVP 100 PIER 1 PLACE, FORT WORTH TX 76102
Mark E Tomkins director VULCAN MATERIALS CO, 1200 URBAN CENTER DR, BIRMINGHAM AL 35242
Gregory Rutherford officer: President, Terminix Commercial 150 PEABODY PLACE MEMPHIS TN 38103-3700
Naren K Gursahaney director 1501 YAMATO ROAD, BOCA RATON FL 33431
Stephen J Sedita director 150 PEABODY PLACE MEMPHIS TN 38103-3720

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