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PotlatchDeltic (PotlatchDeltic) Asset Turnover : 0.07 (As of Dec. 2023)


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What is PotlatchDeltic Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PotlatchDeltic's Revenue for the three months ended in Dec. 2023 was $255 Mil. PotlatchDeltic's Total Assets for the quarter that ended in Dec. 2023 was $3,490 Mil. Therefore, PotlatchDeltic's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. PotlatchDeltic's annualized ROE % for the quarter that ended in Dec. 2023 was -0.03%. It is also linked to ROA % through Du Pont Formula. PotlatchDeltic's annualized ROA % for the quarter that ended in Dec. 2023 was -0.02%.


PotlatchDeltic Asset Turnover Historical Data

The historical data trend for PotlatchDeltic'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.

PotlatchDeltic Asset Turnover Chart

PotlatchDeltic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.45 0.54 0.44 0.29

PotlatchDeltic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.07 0.07 0.07 0.08 0.07

Competitive Comparison of PotlatchDeltic's Asset Turnover

For the REIT - Specialty subindustry, PotlatchDeltic'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.


PotlatchDeltic's Asset Turnover Distribution in the REITs Industry

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

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



PotlatchDeltic Asset Turnover Calculation

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

PotlatchDeltic'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 )
=1024.075/( (3550.555+3431.256)/ 2 )
=1024.075/3490.9055
=0.29

PotlatchDeltic's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=254.503/( (3548.278+3431.256)/ 2 )
=254.503/3489.767
=0.07

* 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.


PotlatchDeltic  (NAS:PCH) Asset Turnover Explanation

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

PotlatchDeltic's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-0.56/2205.0975
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.56 / 1018.012)*(1018.012 / 3489.767)*(3489.767/ 2205.0975)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.06 %*0.2917*1.5826
=ROA %*Equity Multiplier
=-0.02 %*1.5826
=-0.03 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

PotlatchDeltic's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-0.56/3489.767
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.56 / 1018.012)*(1018.012 / 3489.767)
=Net Margin %*Asset Turnover
=-0.06 %*0.2917
=-0.02 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


PotlatchDeltic Asset Turnover Related Terms

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


PotlatchDeltic (PotlatchDeltic) Business Description

Traded in Other Exchanges
Address
601 West 1st Avenue, Suite 1600, Spokane, WA, USA, 99201
PotlatchDeltic Corp is a REIT that owns and manages forestland in Alabama, Arkansas, Idaho, Minnesota, and Mississippi. Potlach operates in three segments. The timberlands segment covers the planting and harvesting of trees, as well as the construction and maintenance of roads. The wood products segment manufactures and distributes lumber, plywood, and other wood products. The real estate segment covers the sales generated from company-owned timberlands, as well as commercial and residential properties. The timberlands and the wood product segments combined drive the majority of the company's revenue.
Executives
Glen F Smith officer: Chief Accounting Officer 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Michael J Covey director, officer: CHAIRMAN, PRESIDENT & CEO C/O POTLATCH CORPORATION, 601 W FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Jerald W Richards officer: VP, Chief Financial Officer C/O POTLATCHDELTIC CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Robert L. Schwartz officer: VP, Human Resources 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Wayne Wasechek officer: Controller C/O POTLATCHDELTIC CORPORATION, 601 WEST FIRST AVE SUITE 1600, SPOKANE WA 99201
Michele Lynn Tyler officer: VP, GC Corp Sec 601 W FIRST AVE, SUITE 1600, SPOKANE WA 99201
William R Dereu officer: VICE PRESIDENT C/O POTLATCHDELTIC CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Eric J Cremers officer: VICE PRESIDENT C/O POTLATCH CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Darin Robert Ball officer: VP of Resource 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
James M Decosmo director 5 CONCOURSE PARKWAY, SUITE 2650, ATLANTA GA 30328
Anna E. Torma officer: VP,Public Affairs/ESG Officer 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Anne L. Alonzo director 601 WEST FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Ashlee Townsend Cribb officer: VP, Wood Products 600 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Thomas J. Temple officer: Vice President C/O POTLATCH CORPORATION, 601 W. FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Larry Peiros director 1221BROADWAY, OAKLAND CA 94612