GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (NYSE:VSTS) » Definitions » Scaled Net Operating Assets

Vestis (Vestis) Scaled Net Operating Assets : 0.79 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Vestis Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vestis's operating assets for the quarter that ended in Mar. 2024 was $3,091 Mil. Vestis's operating liabilities for the quarter that ended in Mar. 2024 was $601 Mil. Vestis's Total Assets for the quarter that ended in Dec. 2023 was $3,162 Mil. Therefore, Vestis's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.79.

Vestis Scaled Net Operating Assets Historical Data

The historical data trend for Vestis's Scaled Net Operating Assets 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.

Vestis Scaled Net Operating Assets Chart

Vestis Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Scaled Net Operating Assets
- - 0.80 0.81

Vestis Quarterly Data
Sep20 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.81 0.80 0.80 0.79

Competitive Comparison of Vestis's Scaled Net Operating Assets

For the Rental & Leasing Services subindustry, Vestis's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.

Vestis's Scaled Net Operating Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vestis's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Vestis's Scaled Net Operating Assets falls into.


Vestis Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Vestis's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Sep. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Sep. 2023 )
=(Operating Assets (A: Sep. 2023 )-Operating Liabilities (A: Sep. 2023 ))/Total Assets (A: Sep. 2022 )
=(3121.073-591.926)/3133.012
=0.81

where

Operating Assets(A: Sep. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3157.124 - 36.051
=3121.073

Operating Liabilities(A: Sep. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2279.764 - 1613.994 - 73.844
=591.926

Vestis's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(3091.002-600.877)/3161.746
=0.79

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3121.661 - 30.659
=3091.002

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2220.95 - 1565.026 - 55.047
=600.877

* 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.

Vestis Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Vestis's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Vestis (Vestis) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vestis Corp (NYSE:VSTS) » Definitions » Scaled Net Operating Assets
Comparable Companies
TGH MGRC HTZ HEES CTOS PRG HRI GSL ALTG WLFC URI LSE:AHT AER BSP:RENT3 UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439
Traded in Other Exchanges
6TS:Germany
Address
500 Colonial Center Parkway, Suite 140, Roswell, GA, USA, 30076
Website
https://www.aramarkuniform.com
Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. It provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products, and other workplace supplies. The Company serves customers ranging from small, family-owned operations with a single location to large corporations and national franchises with multiple locations. The company operates in the United States and Canada as reportable segments. The company earns the majority of its revenue from the United States.
Executives
Douglas A Pertz director 1801 BAYBERRY COURT, RICHMOND VA 23226
Ricky T Dillon officer: EVP and CFO ONE SOUTH WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Timothy R Donovan officer: EVP, CLO and General Counsel 1703 N. RANDALL ROAD, ELGIN IL 60123
Angela Kervin officer: EVP and Chief HR Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Kim Scott director, officer: President and CEO 150 PEABODY PL, MEMPHIS TN 38103
Lynn Mckee director
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Burke Richard L. Jr. director 90 FORT WADE ROAD, PONTE VEDRA FL 32081
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Mary Anne Whitney director 3 WATERWAY SQUARE PLACE, SUITE #110, THE WOODLANDS TX 77380
Tracy C Jokinen director 5995 OPUS PARKWAY, SUITE 500, MINNETONKA MN 55343
Intermediate Holdco Aramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103
Christopher J Synek officer: Chief Operating Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Grant Shih officer: Chief Technology Officer 2400 MARKET STREET, PHILADELPHIA PA 19103
Ramark 10 percent owner 2400 MARKET STREET, PHILADELPHIA PA 19103