GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bluegreen Vacations Corp (NYSE:BXG) » Definitions » Asset Turnover

Bluegreen Vacations (Bluegreen Vacations) Asset Turnover : 0.11 (As of Dec. 2020)


View and export this data going back to 2017. Start your Free Trial

What is Bluegreen Vacations Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bluegreen Vacations's Revenue for the three months ended in Dec. 2020 was $131.8 Mil. Bluegreen Vacations's Total Assets for the quarter that ended in Dec. 2020 was $1,218.1 Mil. Therefore, Bluegreen Vacations's Asset Turnover for the quarter that ended in Dec. 2020 was 0.11.

Asset Turnover is linked to ROE % through Du Pont Formula. Bluegreen Vacations's annualized ROE % for the quarter that ended in Dec. 2020 was 8.88%. It is also linked to ROA % through Du Pont Formula. Bluegreen Vacations's annualized ROA % for the quarter that ended in Dec. 2020 was 2.28%.


Bluegreen Vacations Asset Turnover Historical Data

The historical data trend for Bluegreen Vacations'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.

Bluegreen Vacations Asset Turnover Chart

Bluegreen Vacations Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.54 0.51 0.48 0.34

Bluegreen Vacations Quarterly Data
Dec12 Dec15 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.10 0.04 0.10 0.11

Competitive Comparison of Bluegreen Vacations's Asset Turnover

For the Resorts & Casinos subindustry, Bluegreen Vacations'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.


Bluegreen Vacations's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bluegreen Vacations's Asset Turnover distribution charts can be found below:

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



Bluegreen Vacations Asset Turnover Calculation

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

Bluegreen Vacations's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=440.09/( (1360.018+1222.37)/ 2 )
=440.09/1291.194
=0.34

Bluegreen Vacations's Asset Turnover for the quarter that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=131.812/( (1213.804+1222.37)/ 2 )
=131.812/1218.087
=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.


Bluegreen Vacations  (NYSE:BXG) Asset Turnover Explanation

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

Bluegreen Vacations's annulized ROE % for the quarter that ended in Dec. 2020 is

ROE %**(Q: Dec. 2020 )
=Net Income/Total Stockholders Equity
=27.812/313.2095
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.812 / 527.248)*(527.248 / 1218.087)*(1218.087/ 313.2095)
=Net Margin %*Asset Turnover*Equity Multiplier
=5.27 %*0.4328*3.889
=ROA %*Equity Multiplier
=2.28 %*3.889
=8.88 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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:

Bluegreen Vacations's annulized ROA % for the quarter that ended in Dec. 2020 is

ROA %(Q: Dec. 2020 )
=Net Income/Total Assets
=27.812/1218.087
=(Net Income / Revenue)*(Revenue / Total Assets)
=(27.812 / 527.248)*(527.248 / 1218.087)
=Net Margin %*Asset Turnover
=5.27 %*0.4328
=2.28 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.


Bluegreen Vacations Asset Turnover Related Terms

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


Bluegreen Vacations (Bluegreen Vacations) Business Description

Traded in Other Exchanges
N/A
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly-owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners, and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.
Executives
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Shawn B Pearson officer: Former Dir, President, and CEO 4960 CONFERENCE WAY NORTH SUITE 100 BOCA RATON FL 33431
Raymond Scott Lopez officer: EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Anthony M Puleo officer: Former EVP, CFO, and Treasurer 4960 CONFERENCE WAY NORTH BOCA RATON FL 33431
Susan Saturday officer: EVP, Chief Admin Officer 5116 PINEVIEW CIRCLE, DELRAY BEACH FL 33445
Famous P Rhodes officer: Former EVP and CMO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
David L Pontius other: Former EVP and COO 4960 CONFERENCE WAY, NORTH SUITE 100 BOCA RATON FL 33431
De La Osa Jorge officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Justin Taylor officer: EVP and Chief HR Officer 4960 CONFERENCE WAY NORTH, SUITE 100 BOCA RATON FL 33431
Ahmad M Wardak officer: See Remarks 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Woodbridge Holdings, Llc 10 percent owner 2100 WEST CYPRESS CREEK ROAD FORT LAUDERDALE FL 33309
Bbx Capital Corp 10 percent owner P.O. BOX 39000 FORT LAUDERDALE FL 33303
John E Abdo director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner P. O. BOX 39000, FT LAUDERDALE FL 33303

Bluegreen Vacations (Bluegreen Vacations) Headlines