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WLYB (John Wiley & Sons) Asset Turnover : 0.16 (As of Oct. 2024)


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What is John Wiley & Sons Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. John Wiley & Sons's Revenue for the three months ended in Oct. 2024 was $427 Mil. John Wiley & Sons's Total Assets for the quarter that ended in Oct. 2024 was $2,630 Mil. Therefore, John Wiley & Sons's Asset Turnover for the quarter that ended in Oct. 2024 was 0.16.

Asset Turnover is linked to ROE % through Du Pont Formula. John Wiley & Sons's annualized ROE % for the quarter that ended in Oct. 2024 was 22.03%. It is also linked to ROA % through Du Pont Formula. John Wiley & Sons's annualized ROA % for the quarter that ended in Oct. 2024 was 6.15%.


John Wiley & Sons Asset Turnover Historical Data

The historical data trend for John Wiley & Sons'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.

John Wiley & Sons Asset Turnover Chart

John Wiley & Sons Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.59 0.61 0.62 0.64

John Wiley & Sons Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 0.17 0.17 0.17 0.15 0.16

Competitive Comparison of John Wiley & Sons's Asset Turnover

For the Publishing subindustry, John Wiley & Sons'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.


John Wiley & Sons's Asset Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, John Wiley & Sons's Asset Turnover distribution charts can be found below:

* The bar in red indicates where John Wiley & Sons's Asset Turnover falls into.



John Wiley & Sons Asset Turnover Calculation

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

John Wiley & Sons's Asset Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=1872.987/( (3108.81+2725.495)/ 2 )
=1872.987/2917.1525
=0.64

John Wiley & Sons's Asset Turnover for the quarter that ended in Oct. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2024 )/( (Total Assets (Q: Jul. 2024 )+Total Assets (Q: Oct. 2024 ))/ count )
=426.595/( (2652.058+2608.858)/ 2 )
=426.595/2630.458
=0.16

* 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.


John Wiley & Sons  (NYSE:WLYB) Asset Turnover Explanation

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

John Wiley & Sons's annulized ROE % for the quarter that ended in Oct. 2024 is

ROE %**(Q: Oct. 2024 )
=Net Income/Total Stockholders Equity
=161.832/734.464
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(161.832 / 1706.38)*(1706.38 / 2630.458)*(2630.458/ 734.464)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.48 %*0.6487*3.5815
=ROA %*Equity Multiplier
=6.15 %*3.5815
=22.03 %

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

John Wiley & Sons's annulized ROA % for the quarter that ended in Oct. 2024 is

ROA %(Q: Oct. 2024 )
=Net Income/Total Assets
=161.832/2630.458
=(Net Income / Revenue)*(Revenue / Total Assets)
=(161.832 / 1706.38)*(1706.38 / 2630.458)
=Net Margin %*Asset Turnover
=9.48 %*0.6487
=6.15 %

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


John Wiley & Sons Asset Turnover Related Terms

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John Wiley & Sons Business Description

Traded in Other Exchanges
Address
111 River Street, Hoboken, NJ, USA, 07030
John Wiley & Sons Inc is a provider of academic journals, books, pre- and post-hire assessments and training, test preparation materials, and online education program management solutions. The company's reportable segments are; Research, Learning, Held for Sale or Sold. The majority of the company's revenue is generated from the Research segment which provides peer-reviewed scientific, technical, and medical (STM) publishing, content platforms, and related services to academic, corporate, and government customers, academic societies, and individual researchers. Geographically, it derives maximum revenue from the United States and the rest from the United Kingdom, China, Japan, Canada, and other countries.