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Willamette Valley Vineyards (Willamette Valley Vineyards) Asset Turnover

: 0.10 (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. Willamette Valley Vineyards's Revenue for the three months ended in Dec. 2023 was $10.75 Mil. Willamette Valley Vineyards's Total Assets for the quarter that ended in Dec. 2023 was $103.72 Mil. Therefore, Willamette Valley Vineyards's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Asset Turnover is linked to ROE % through Du Pont Formula. Willamette Valley Vineyards's annualized ROE % for the quarter that ended in Dec. 2023 was -1.34%. It is also linked to ROA % through Du Pont Formula. Willamette Valley Vineyards's annualized ROA % for the quarter that ended in Dec. 2023 was -0.91%.


Willamette Valley Vineyards Asset Turnover Historical Data

The historical data trend for Willamette Valley Vineyards'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.

Willamette Valley Vineyards 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 0.38 0.37 0.37 0.36 0.38

Willamette Valley Vineyards 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 0.12 0.08 0.11 0.09 0.10

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Willamette Valley Vineyards'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.


Willamette Valley Vineyards Asset Turnover Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Willamette Valley Vineyards's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Willamette Valley Vineyards's Asset Turnover falls into.



Willamette Valley Vineyards Asset Turnover Calculation

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

Willamette Valley Vineyards'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 )
=39.136/( (98.684+105.708)/ 2 )
=39.136/102.196
=0.38

Willamette Valley Vineyards'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 )
=10.753/( (101.726+105.708)/ 2 )
=10.753/103.717
=0.10

* 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.


Willamette Valley Vineyards  (NAS:WVVI) Asset Turnover Explanation

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

Willamette Valley Vineyards's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.94/70.292
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.94 / 43.012)*(43.012 / 103.717)*(103.717/ 70.292)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.19 %*0.4147*1.4755
=ROA %*Equity Multiplier
=-0.91 %*1.4755
=-1.34 %

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:

Willamette Valley Vineyards's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.94/103.717
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.94 / 43.012)*(43.012 / 103.717)
=Net Margin %*Asset Turnover
=-2.19 %*0.4147
=-0.91 %

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.


Willamette Valley Vineyards Asset Turnover Related Terms

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


Willamette Valley Vineyards (Willamette Valley Vineyards) Business Description

Traded in Other Exchanges
Address
8800 Enchanted Way, South East, Turner, OR, USA, 97392
Willamette Valley Vineyards Inc produces and sells premium, super-premium, and ultra-premium wines. The grapes are harvested, fermented, and made into wine at the company's Turner winery, and the wines are sold principally under its Willamette Valley Vineyards label and also under the Griffin Creek, Tualatin Estate, Pambrun, Maison Bleue, Natoma, Metis, and Elton labels. It operates under two operating segments, direct sales and distributor sales. Direct sales include retail sales in its tasting room and remote sites, wine club sales, online sales, on-site events, kitchen and catering sales, and other sales made directly to the consumer without the use of an intermediary. Distributor sales include all sales through a third party where prices are given at a wholesale rate.
Executives
James W Bernau director, 10 percent owner, officer: Chief Executive Officer 2545 CLOVERDALE RD SE, TURNER OR 97392
Sarah Alice Rose director 6821 50TH AVE NE, SEATTLE WA 98115
Day Cara Pepper director 1088 SW PRESTWICK CT., WILSONVILLE OR 97070
Stanley G Turel director 604 SE 121ST AVE, C/O ARBOR PARK OFFICE, VANCOUVER WA 98683
John Alphonsus Ferry officer: CFO 15830 FOREST RIDGE LANE NE, SILVERTON OR 97381
Leslie J Copland director 2350 NW SAVIER STREET, UNIT 406, PORTLAND OR 97210
Goward Richard F. Jr. officer: CFO 2623 ABBEY LN. SE, SALEM OR 97317
Heather Westing director 25030 SW PARKWAY AVE, SUITE 300, WILSONVILLE OR 97070
James L Ellis director 7850 SE KING ROAD, MILWAUKIE OR 97222
Craig Alan Smith director 367 SANRODEE DR. SE, SALEM OR 97317
Jonathan J Ricci director C/O JONES SODA CO., 234 9TH AVE. N., SEATTLE WA 98109
O Brien Betty M director 22500 INGRAM LANE NW, SALEM OR 97304
Christopher L Sarles director 2185 SW WINCHESTER, PORTLAND OR 97225-4457
Chris Riccardi 10 percent owner 15 STEDMAN WAY, LOUDONVILLE NY 12211
Delna L. Jones director 39692 CAMINO TEMPLADO, INDIO CA 92203