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Douglas Elliman (Douglas Elliman) Asset Turnover : 0.42 (As of Mar. 2024)


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What is Douglas Elliman Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Douglas Elliman's Revenue for the three months ended in Mar. 2024 was $200.2 Mil. Douglas Elliman's Total Assets for the quarter that ended in Mar. 2024 was $477.3 Mil. Therefore, Douglas Elliman's Asset Turnover for the quarter that ended in Mar. 2024 was 0.42.

Asset Turnover is linked to ROE % through Du Pont Formula. Douglas Elliman's annualized ROE % for the quarter that ended in Mar. 2024 was -77.46%. It is also linked to ROA % through Du Pont Formula. Douglas Elliman's annualized ROA % for the quarter that ended in Mar. 2024 was -34.76%.


Douglas Elliman Asset Turnover Historical Data

The historical data trend for Douglas Elliman'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.

Douglas Elliman Asset Turnover Chart

Douglas Elliman Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 1.61 1.64 2.58 2.01 1.83

Douglas Elliman Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.40 0.53 0.49 0.43 0.42

Competitive Comparison of Douglas Elliman's Asset Turnover

For the Real Estate Services subindustry, Douglas Elliman'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.


Douglas Elliman's Asset Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Douglas Elliman's Asset Turnover distribution charts can be found below:

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



Douglas Elliman Asset Turnover Calculation

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

Douglas Elliman'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 )
=955.578/( (550.402+493.419)/ 2 )
=955.578/521.9105
=1.83

Douglas Elliman's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=200.239/( (493.419+461.101)/ 2 )
=200.239/477.26
=0.42

* 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.


Douglas Elliman  (NYSE:DOUG) Asset Turnover Explanation

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

Douglas Elliman's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-165.9/214.171
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-165.9 / 800.956)*(800.956 / 477.26)*(477.26/ 214.171)
=Net Margin %*Asset Turnover*Equity Multiplier
=-20.71 %*1.6782*2.2284
=ROA %*Equity Multiplier
=-34.76 %*2.2284
=-77.46 %

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

Douglas Elliman's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-165.9/477.26
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-165.9 / 800.956)*(800.956 / 477.26)
=Net Margin %*Asset Turnover
=-20.71 %*1.6782
=-34.76 %

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


Douglas Elliman Asset Turnover Related Terms

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


Douglas Elliman (Douglas Elliman) Business Description

Traded in Other Exchanges
Address
4400 Biscayne Boulevard, Miami, FL, USA, 33137
Douglas Elliman Inc is a real estate company. It offers sales, rentals, and new development to mortgages and title insurance, among other services related to real estate. Business is engaged in two operating segments Real Estate Brokerage and Corporate and other. The firm generates income from Commission and other brokerage revenue from existing home sales, Commission and other brokerage income from development marketing, Property management revenue and Title fees.
Executives
Richard Lampen director, officer: See Remarks 4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Ronald J Kramer director 712 FIFTH AVENUE, NEW YORK NY 10019
Howard M Lorber director, officer: Chairman, President & CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Michael Liebowitz director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Lisa M. Seligman officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Kirkland J Bryant Iii officer: SVP, Treasurer & CFO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
New Valley Corp 10 percent owner, other: See Remarks INTERNATIONAL PLACE, 100 SE SECOND STREET, MIAMI FL 33131
Vector Group Ltd 10 percent owner, other: See Remarks 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
James D Ballard officer: See Remarks 4400 BISCAYNE BLVD., TENTH FLOOR, MIAMI FL 33137
Marc N Bell officer: See Remarks 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Wilson White director C/O VECTOR GROUP LTD, 4400 BISCAYNE BLVD; 10TH FLOOR, MIAMI FL 33137
Daniel A. Sachar officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Karen J. Chesleigh officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Stephen T. Larkin officer: See Remarks 4400 BISCAYNE BLVD, MIAMI FL 33137
Lynn Mestel director 4400 BISCAYNE BLVD, MIAMI FL 33137

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