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The JG Wentworth Co (The JG Wentworth Co) Asset Turnover : 0.01 (As of Dec. 2017)


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What is The JG Wentworth 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. The JG Wentworth Co's Revenue for the three months ended in Dec. 2017 was $44.8 Mil. The JG Wentworth Co's Total Assets for the quarter that ended in Dec. 2017 was $5,080.5 Mil. Therefore, The JG Wentworth Co's Asset Turnover for the quarter that ended in Dec. 2017 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. The JG Wentworth Co's annualized ROE % for the quarter that ended in Dec. 2017 was 594.83%. It is also linked to ROA % through Du Pont Formula. The JG Wentworth Co's annualized ROA % for the quarter that ended in Dec. 2017 was -13.76%.


The JG Wentworth Co Asset Turnover Historical Data

The historical data trend for The JG Wentworth 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.

The JG Wentworth Co Asset Turnover Chart

The JG Wentworth Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Asset Turnover
Get a 7-Day Free Trial 0.06 0.06 0.02 0.02 0.04

The JG Wentworth Co Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of The JG Wentworth Co's Asset Turnover

For the Mortgage Finance subindustry, The JG Wentworth 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.


The JG Wentworth Co's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The JG Wentworth Co's Asset Turnover distribution charts can be found below:

* The bar in red indicates where The JG Wentworth Co's Asset Turnover falls into.



The JG Wentworth Co Asset Turnover Calculation

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

The JG Wentworth Co's Asset Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=195.347/( (4992.907+5051.465)/ 2 )
=195.347/5022.186
=0.04

The JG Wentworth Co's Asset Turnover for the quarter that ended in Dec. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Sep. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=44.78/( (5109.602+5051.465)/ 2 )
=44.78/5080.5335
=0.01

* 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.


The JG Wentworth Co  (GREY:JGWE) Asset Turnover Explanation

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

The JG Wentworth Co's annulized ROE % for the quarter that ended in Dec. 2017 is

ROE %**(Q: Dec. 2017 )
=Net Income/Total Stockholders Equity
=-699.228/-117.551
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-699.228 / 179.12)*(179.12 / 5080.5335)*(5080.5335/ -117.551)
=Net Margin %*Asset Turnover*Equity Multiplier
=-390.37 %*0.0353*-43.2198
=ROA %*Equity Multiplier
=-13.76 %*-43.2198
=594.83 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) net income data. The Revenue data used here is four times the quarterly (Dec. 2017) 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:

The JG Wentworth Co's annulized ROA % for the quarter that ended in Dec. 2017 is

ROA %(Q: Dec. 2017 )
=Net Income/Total Assets
=-699.228/5080.5335
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-699.228 / 179.12)*(179.12 / 5080.5335)
=Net Margin %*Asset Turnover
=-390.37 %*0.0353
=-13.76 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) net income data. The Revenue data used here is four times the quarterly (Dec. 2017) 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.


The JG Wentworth Co Asset Turnover Related Terms

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


The JG Wentworth Co (The JG Wentworth Co) Business Description

Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 501, Radnor, PA, USA, 19087
The JG Wentworth Co is a diversified financial services company. It focuses on providing solutions to consumers in need of cash. The company conducts its operations through two segments: Structured Settlements and Home Lending. Structured Settlements provides liquidity to individuals with financial assets such as structured settlements, annuities and lottery winnings. Home Lending is primarily engaged in retail mortgage lending and conventional mortgage loans. Most of its revenue is generated through the home lending segment.
Executives
Norman Louie 10 percent owner 280 PARK AVENUE 4TH FLOOR EAST, NEW YORK NY 10017
Trishield Capital Management Llc 10 percent owner 1133 BROADWAY, SUITE 1126, NEW YORK NY 10010
Buick Alan Jeffrey Jr. 10 percent owner 30 WEST 15TH STREET, NO. 7S, NEW YORK NY 10011
Steven K. Gendal 10 percent owner C/O WHIPPOORWILL ASSOCIATES, INC. 11 MARTINE AVENUE WHITE PLAINS NY 10606
Stewart Stockdale director, officer: Chief Executive Officer 201 KING OF PRUSSIA ROAD, RADNOR X1 19087
Robert C Griffin director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
William J Morgan director 123 MAIN STREET, BRISTOL CT 06011-0489
John R Schwab officer: EVP and CFO C/O NCO GROUP, INC., 507 PRUDENTIAL ROAD, HORSHAM PA 19044
Jll Associates V, L.p. director, 10 percent owner 450 LEXINGTON AVENUE, SUITE 3350, NEW YORK NY 10017
Jll Associates G.p. V, L.l.c. 10 percent owner 450 LEXINGTON AVENUE, SUITE 3350, NEW YORK NY 10017
Paul S Levy director, 10 percent owner JOSEPH LITTLEJOHN & LEVY, 450 LEXINGTON AVE STE 3350, NEW YORK NY 10036
David Miller director, officer: CEO and COB 53 FOREST AVENUE, OLD GREENWICH CT 06870
Eugene I Davis director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Indaba Capital Fund, L.p. 10 percent owner MAPLES CORPORATE SERVICES, 121 SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Indaba Capital Management, L.p. 10 percent owner ONE LETTERMAN DRIVE, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129

The JG Wentworth Co (The JG Wentworth Co) Headlines

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