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USAC (USA Compression Partners LP) Asset Turnover : 0.09 (As of Dec. 2024)


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What is USA Compression Partners LP Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. USA Compression Partners LP's Revenue for the three months ended in Dec. 2024 was $245.9 Mil. USA Compression Partners LP's Total Assets for the quarter that ended in Dec. 2024 was $2,774.6 Mil. Therefore, USA Compression Partners LP's Asset Turnover for the quarter that ended in Dec. 2024 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. USA Compression Partners LP's annualized ROE % for the quarter that ended in Dec. 2024 was 227.85%. It is also linked to ROA % through Du Pont Formula. USA Compression Partners LP's annualized ROA % for the quarter that ended in Dec. 2024 was 3.67%.


USA Compression Partners LP Asset Turnover Historical Data

The historical data trend for USA Compression Partners LP'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.

USA Compression Partners LP Asset Turnover Chart

USA Compression Partners LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.22 0.26 0.31 0.35

USA Compression Partners LP Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.08 0.08 0.08 0.09 0.09

Competitive Comparison of USA Compression Partners LP's Asset Turnover

For the Oil & Gas Equipment & Services subindustry, USA Compression Partners LP'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.


USA Compression Partners LP's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, USA Compression Partners LP's Asset Turnover distribution charts can be found below:

* The bar in red indicates where USA Compression Partners LP's Asset Turnover falls into.


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USA Compression Partners LP Asset Turnover Calculation

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

USA Compression Partners LP's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=950.449/( (2736.76+2745.601)/ 2 )
=950.449/2741.1805
=0.35

USA Compression Partners LP's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=245.892/( (2803.627+2745.601)/ 2 )
=245.892/2774.614
=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.


USA Compression Partners LP  (NYSE:USAC) Asset Turnover Explanation

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

USA Compression Partners LP's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=101.748/44.6565
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(101.748 / 983.568)*(983.568 / 2774.614)*(2774.614/ 44.6565)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.34 %*0.3545*62.1324
=ROA %*Equity Multiplier
=3.67 %*62.1324
=227.85 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:

USA Compression Partners LP's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=101.748/2774.614
=(Net Income / Revenue)*(Revenue / Total Assets)
=(101.748 / 983.568)*(983.568 / 2774.614)
=Net Margin %*Asset Turnover
=10.34 %*0.3545
=3.67 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


USA Compression Partners LP Asset Turnover Related Terms

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


USA Compression Partners LP Business Description

Traded in Other Exchanges
N/A
Address
8117 Preston Road, Suite 510A, Austin, TX, USA, 75225
USA Compression Partners LP provides compression services in the United States in terms of total compression fleet horsepower to customers relating to infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services, and repairs its compression units and maintains related support inventory and equipment. The company provides compression services in several shale plays throughout the U.S., including the Utica, Marcellus, Permian, Denver-Julesburg, Eagle Ford, Mississippi Lime, Granite Wash, Woodford, Barnett, and Haynesville.
Executives
Eric D Long director, officer: See Remarks 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Eig Veteran Equity Aggregator, L.p. director 1700 PENNSYLVANIA AVENUE, NW, SUITE 800, WASHINGTON DC 20006
Bradford D. Whitehurst director, See Remarks 100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
Sean T Kimble officer: SEE REMARKS 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Christopher W Porter officer: SEE REMARKS 111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Michael C Pearl officer: See Remarks 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380-7046
W Brett Smith director 508 W WALL AVE., SUITE 500, MIDLAND TX 79701
Eric A Scheller officer: See Remarks 111 CONGRESS AVE, SUITE 2400, AUSTIN TX 78701
Energy Transfer Partners Gp, L.p. 10 percent owner 3738 OAK LAWN AVE., DALLAS TX 75219
Kelcy L Warren 10 percent owner
Energy Transfer Operating, L.p. 10 percent owner 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Energy Transfer Partners, L.l.c. 10 percent owner 3738 OAK LAWN AVE., DALLAS TX 75219
Energy Transfer Lp 10 percent owner 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Le Gp Llc 10 percent owner
William G Manias director GULFTERRA ENERGY PARTNERS, 4 GREENWAY PLAZA, HOUSTON TX 77046