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BARK (BARK) Asset Turnover : 0.36 (As of Dec. 2023)


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What is BARK Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BARK's Revenue for the three months ended in Dec. 2023 was $125.1 Mil. BARK's Total Assets for the quarter that ended in Dec. 2023 was $344.8 Mil. Therefore, BARK's Asset Turnover for the quarter that ended in Dec. 2023 was 0.36.

Asset Turnover is linked to ROE % through Du Pont Formula. BARK's annualized ROE % for the quarter that ended in Dec. 2023 was -27.38%. It is also linked to ROA % through Du Pont Formula. BARK's annualized ROA % for the quarter that ended in Dec. 2023 was -11.73%.


BARK Asset Turnover Historical Data

The historical data trend for BARK'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.

BARK Asset Turnover Chart

BARK Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Asset Turnover
- 2.51 1.74 1.28

BARK Quarterly Data
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 0.32 0.31 0.31 0.33 0.36

Competitive Comparison of BARK's Asset Turnover

For the Specialty Retail subindustry, BARK'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.


BARK's Asset Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BARK's Asset Turnover distribution charts can be found below:

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



BARK Asset Turnover Calculation

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

BARK's Asset Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=535.315/( (434.061+400.42)/ 2 )
=535.315/417.2405
=1.28

BARK'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 )
=125.075/( (368.986+320.63)/ 2 )
=125.075/344.808
=0.36

* 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.


BARK  (NYSE:BARK) Asset Turnover Explanation

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

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

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-40.432/147.6465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-40.432 / 500.3)*(500.3 / 344.808)*(344.808/ 147.6465)
=Net Margin %*Asset Turnover*Equity Multiplier
=-8.08 %*1.451*2.3354
=ROA %*Equity Multiplier
=-11.73 %*2.3354
=-27.38 %

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:

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

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-40.432/344.808
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-40.432 / 500.3)*(500.3 / 344.808)
=Net Margin %*Asset Turnover
=-8.08 %*1.451
=-11.73 %

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.


BARK Asset Turnover Related Terms

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


BARK (BARK) Business Description

Traded in Other Exchanges
N/A
Address
120 Broadway, 12th Floor, New York, NY, USA, 10271
BARK Inc is a dog-centric company, devoted to making dogs happy with the products, services, and content. It serves dogs nationwide with monthly subscription services, BarkBox and Super Chewer; e-commerce experience on BarkShop.com; custom collections via its retail partner network, including Target and Amazon; wellness products that meet dogs' needs with BARK Bright; and a personalized meal delivery service for dogs BARK Eats.
Executives
Matt Meeker director, officer: Executive Chairman C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Larry E Bodner director PO BOX 193575, SAN FRANCISCO CA 94119
David Kamenetzky director 50 SOUTH POINTE DRIVE, APT. 1206N, MIAMI BEACH FL 33139
Joanna Coles director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Zahir Ibrahim officer: Chief Financial Officer C/O MOLSON COORS BREWING COMPANY, 1225 17TH STREET, SUITE 3200, DENVER CO 80202
Brian Dostie officer: VP Accounting, Controller 120 BROADWAY, FL 12, NEW YORK NY 10271
Michele S. Meyer director 300 SIXTH AVENUE, PITTSBURGH PA 15222
Paulette R. Dodson director PETSMART, INC, 19601 N 27TH AVE, PHOENIX AZ 85027
Jim Mcginty director C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Allison Koehler officer: General Counsel and Secretary 3787 MEDER ROAD, SHINGLE SPRINGS CA 95682
Narayanan Sitaraman officer: Chief Technology Officer C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013
Kevin Eyerman officer: VP of Accounting/Controller C/O BARK, INC., 221 CANAL STREET, 2ND FLOOR, NEW YORK NY 10013
Cindy Gustafson officer: Chief Marketing Officer C/O BARK INC, 221 CANAL STREET, NEW YORK NY 10013
Jonathan J Ledecky director, 10 percent owner, officer: Chief Operating Officer C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Henrik Werdelin director, officer: Chief Strategy Officer C/O THE ORIGINAL BARK COMPANY, 221 CANAL ST., FL 6, NEW YORK NY 10013