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WideOpenWest (WideOpenWest) Asset Turnover

: 0.11 (As of Dec. 2023)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. WideOpenWest's Revenue for the three months ended in Dec. 2023 was $168.8 Mil. WideOpenWest's Total Assets for the quarter that ended in Dec. 2023 was $1,518.3 Mil. Therefore, WideOpenWest's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. WideOpenWest's annualized ROE % for the quarter that ended in Dec. 2023 was -62.46%. It is also linked to ROA % through Du Pont Formula. WideOpenWest's annualized ROA % for the quarter that ended in Dec. 2023 was -11.46%.


WideOpenWest Asset Turnover Historical Data

The historical data trend for WideOpenWest'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.

WideOpenWest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.30 0.33 0.39 0.43

WideOpenWest Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only 0.10 0.10 0.10 0.11 0.11

Competitive Comparison

For the Telecom Services subindustry, WideOpenWest'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.


WideOpenWest Asset Turnover Distribution

For the Telecommunication Services industry and Communication Services sector, WideOpenWest's Asset Turnover distribution charts can be found below:

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



WideOpenWest Asset Turnover Calculation

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

WideOpenWest'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 )
=686.7/( (1717.4+1514.7)/ 2 )
=686.7/1616.05
=0.42

WideOpenWest'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 )
=168.8/( (1521.9+1514.7)/ 2 )
=168.8/1518.3
=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.


WideOpenWest  (NYSE:WOW) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-174/278.6
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-174 / 675.2)*(675.2 / 1518.3)*(1518.3/ 278.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=-25.77 %*0.4447*5.4497
=ROA %*Equity Multiplier
=-11.46 %*5.4497
=-62.46 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-174/1518.3
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-174 / 675.2)*(675.2 / 1518.3)
=Net Margin %*Asset Turnover
=-25.77 %*0.4447
=-11.46 %

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.


WideOpenWest Asset Turnover Related Terms

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


WideOpenWest (WideOpenWest) Business Description

Traded in Other Exchanges
Address
7887 East Belleview Avenue, Suite 1000, Englewood, CO, USA, 80111
WideOpenWest Inc is a cable operator and broadband service, provider. The company serves residential, business and wholesale customers in Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina. Its service portfolio consists of high-speed internet, data, voice, cloud, and cable television services. The company operates in one business segment that is Broadband Services. The majority of the revenue is generated from the subscription service revenue received.
Executives
Henry Hryckiewicz officer: Chief Technology Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Gunjan Bhow director 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Don Schena officer: Chief Customer Exper. Officer C/O WIDEOPENWEST, INC., 7887 E. BELLEVIEW AVE., SUITE 1000, ENGLEWOOD CO 80111
Donald Craig Martin officer: General Counsel and Secretary C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, ENGLEWOOD CO 80111
David Brunick officer: Chief Human Resources Officer 5619 DTC PARKWAY, GREENWOOD VILLAGE FL 80111
Teresa L Elder director, officer: Chief Executive Officer 4400 CARILLON POINT, KIRKLAND WA 98033
Northwestern Mutual Life Insurance Co 10 percent owner 720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
John S Rego officer: Chief Financial Officer TREMOR VIDEO, INC., 1501 BROADWAY, 8TH FLOOR, NEW YORK NY 10036
Shannon Campain officer: Chief Commercial Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Barry S Volpert director, 10 percent owner
Crestview Partners Iii Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Fish Richard Edward Jr officer: Chief Financial Officer C/O ITC DELTACOM, INC., 7037 OLD MADISON PIKE, HUNTSVILLE AL 35806
Bill Case officer: Chief Information Officer 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Matthew John Bell officer: Chief Technology Officer C/O WIDEOPENWEST, INC., 7887 E. BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Thomas Patrick Mcmillin director C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111