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Dean Foods Co (FRA:DFODQ) Asset Turnover : 0.81 (As of Dec. 2019)


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What is Dean Foods Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Dean Foods Co's Revenue for the three months ended in Dec. 2019 was €1,656 Mil. Dean Foods Co's Total Assets for the quarter that ended in Dec. 2019 was €2,045 Mil. Therefore, Dean Foods Co's Asset Turnover for the quarter that ended in Dec. 2019 was 0.81.

Asset Turnover is linked to ROE % through Du Pont Formula. Dean Foods Co's annualized ROE % for the quarter that ended in Dec. 2019 was 3,215.41%. It is also linked to ROA % through Du Pont Formula. Dean Foods Co's annualized ROA % for the quarter that ended in Dec. 2019 was -51.88%.


Dean Foods Co Asset Turnover Historical Data

The historical data trend for Dean Foods Co'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.

Dean Foods Co Asset Turnover Chart

Dean Foods Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 3.06 2.87 3.43 3.41

Dean Foods Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.87 0.79 0.77 0.81 0.81

Competitive Comparison of Dean Foods Co's Asset Turnover

For the Packaged Foods subindustry, Dean Foods Co'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.


Dean Foods Co's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dean Foods Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Dean Foods Co's Asset Turnover falls into.



Dean Foods Co Asset Turnover Calculation

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

Dean Foods Co's Asset Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=6595.797/( (1862.154+2005.701)/ 2 )
=6595.797/1933.9275
=3.41

Dean Foods Co's Asset Turnover for the quarter that ended in Dec. 2019 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=1656.019/( (2083.707+2005.701)/ 2 )
=1656.019/2044.704
=0.81

* 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.


Dean Foods Co  (FRA:DFODQ) Asset Turnover Explanation

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

Dean Foods Co's annulized ROE % for the quarter that ended in Dec. 2019 is

ROE %**(Q: Dec. 2019 )
=Net Income/Total Stockholders Equity
=-1060.716/-32.9885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1060.716 / 6624.076)*(6624.076 / 2044.704)*(2044.704/ -32.9885)
=Net Margin %*Asset Turnover*Equity Multiplier
=-16.01 %*3.2396*-61.9823
=ROA %*Equity Multiplier
=-51.88 %*-61.9823
=3,215.41 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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:

Dean Foods Co's annulized ROA % for the quarter that ended in Dec. 2019 is

ROA %(Q: Dec. 2019 )
=Net Income/Total Assets
=-1060.716/2044.704
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1060.716 / 6624.076)*(6624.076 / 2044.704)
=Net Margin %*Asset Turnover
=-16.01 %*3.2396
=-51.88 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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.


Dean Foods Co Asset Turnover Related Terms

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Dean Foods Co (FRA:DFODQ) Business Description

Traded in Other Exchanges
N/A
Address
2711 North Haskell Avenue, Suite 3400, Dallas, TX, USA, 75204
Dean Foods Company is a food and beverage company based in the United States. The company processes, sells, and distributes dairy products under more than 50 local and regional dairy brands and private labels such as DairyPure and TruMoo. Dean Foods provides products including ice cream, cultured products, juices, teas, bottled water, and other products to retailers, distributors, foodservice outlets, educational institutions, and governmental entities throughout the United States. The majority of the company's income is generated from fluid milk sales.