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CHC Group (CHC Group) Asset Turnover : 0.14 (As of Oct. 2016)


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What is CHC Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. CHC Group's Revenue for the three months ended in Oct. 2016 was $250 Mil. CHC Group's Total Assets for the quarter that ended in Oct. 2016 was $1,808 Mil. Therefore, CHC Group's Asset Turnover for the quarter that ended in Oct. 2016 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. CHC Group's annualized ROE % for the quarter that ended in Oct. 2016 was 27.95%. It is also linked to ROA % through Du Pont Formula. CHC Group's annualized ROA % for the quarter that ended in Oct. 2016 was -28.24%.


CHC Group Asset Turnover Historical Data

The historical data trend for CHC Group'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.

CHC Group Asset Turnover Chart

CHC Group Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.62 0.59 0.64 0.63

CHC Group Quarterly Data
Apr11 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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 0.17 0.15 0.15 0.14 0.14

Competitive Comparison of CHC Group's Asset Turnover

For the Oil & Gas Equipment & Services subindustry, CHC Group'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.


CHC Group's Asset Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CHC Group's Asset Turnover distribution charts can be found below:

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



CHC Group Asset Turnover Calculation

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

CHC Group's Asset Turnover for the fiscal year that ended in Apr. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2016 )/( (Total Assets (A: Apr. 2015 )+Total Assets (A: Apr. 2016 ))/ count )
=1382.489/( (2251.579+2140.425)/ 2 )
=1382.489/2196.002
=0.63

CHC Group's Asset Turnover for the quarter that ended in Oct. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Oct. 2016 )/( (Total Assets (Q: Jul. 2016 )+Total Assets (Q: Oct. 2016 ))/ count )
=249.536/( (1828.2+1787.254)/ 2 )
=249.536/1807.727
=0.14

* 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.


CHC Group  (OTCPK:HELIQ) Asset Turnover Explanation

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

CHC Group's annulized ROE % for the quarter that ended in Oct. 2016 is

ROE %**(Q: Oct. 2016 )
=Net Income/Total Stockholders Equity
=-510.452/-1826.1005
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-510.452 / 998.144)*(998.144 / 1807.727)*(1807.727/ -1826.1005)
=Net Margin %*Asset Turnover*Equity Multiplier
=-51.14 %*0.5522*-0.9899
=ROA %*Equity Multiplier
=-28.24 %*-0.9899
=27.95 %

Note: The Net Income data used here is four times the quarterly (Oct. 2016) net income data. The Revenue data used here is four times the quarterly (Oct. 2016) 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:

CHC Group's annulized ROA % for the quarter that ended in Oct. 2016 is

ROA %(Q: Oct. 2016 )
=Net Income/Total Assets
=-510.452/1807.727
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-510.452 / 998.144)*(998.144 / 1807.727)
=Net Margin %*Asset Turnover
=-51.14 %*0.5522
=-28.24 %

Note: The Net Income data used here is four times the quarterly (Oct. 2016) net income data. The Revenue data used here is four times the quarterly (Oct. 2016) 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.


CHC Group Asset Turnover Related Terms

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


CHC Group (CHC Group) Business Description

Traded in Other Exchanges
N/A
Address
CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. The company operates in two segments including the Helicopter Services segment which includes flying operations around the world serving offshore oil and gas. Heli-One segment provides helicopter maintenance, repair, and overhaul services for fleet and for an external customer base primarily in Europe, Asia, and North America. The company has a global market presence with the majority of the revenue generated from Norway.
Executives
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
William G. Schrader director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Francis S Kalman director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Lee Eckert officer: SVP and CFO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Amelio J. William director, officer: President and CEO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Michael J Oneill officer: Senior Vice President 1299 PENNSYVLANIA AVE NW, HOWREY SIMON ARNOLD & WHITE, WASHINGTON DC 20004
Peter Bartolotta officer: Chief Operating Officer C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005
Joan S Hooper officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
John Krenicki director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Nathan K Sleeper director 375 PARK AVENUE, 18TH FLOOR, NEW YORK CITY NY 10152
John Mogford director 25 VICTORIA STREET, LONDON X0 SW1H 0EX
Michael L Summers officer: Senior Vice President C/O CELANESE CORPORATION, 1601 W. LBJ FREEWAY, DALLAS TX 75234
Fr Xi Offshore Gp Ltd director, 10 percent owner ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
First Reserve Gp Xii Ltd director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902

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