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Body Central (Body Central) Asset Turnover : 0.47 (As of Sep. 2014)


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What is Body Central Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Body Central's Revenue for the three months ended in Sep. 2014 was $43.4 Mil. Body Central's Total Assets for the quarter that ended in Sep. 2014 was $93.3 Mil. Therefore, Body Central's Asset Turnover for the quarter that ended in Sep. 2014 was 0.47.

Asset Turnover is linked to ROE % through Du Pont Formula. Body Central's annualized ROE % for the quarter that ended in Sep. 2014 was -291.89%. It is also linked to ROA % through Du Pont Formula. Body Central's annualized ROA % for the quarter that ended in Sep. 2014 was -71.62%.


Body Central Asset Turnover Historical Data

The historical data trend for Body Central'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.

Body Central Asset Turnover Chart

Body Central Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Asset Turnover
Get a 7-Day Free Trial 2.53 2.76 2.59 2.21 2.10

Body Central Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.45 0.53 0.50 0.49 0.47

Competitive Comparison of Body Central's Asset Turnover

For the Apparel Retail subindustry, Body Central'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.


Body Central's Asset Turnover Distribution in the Retail - Cyclical Industry

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

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



Body Central Asset Turnover Calculation

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

Body Central's Asset Turnover for the fiscal year that ended in Dec. 2013 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=283.56/( (149.585+120.962)/ 2 )
=283.56/135.2735
=2.10

Body Central's Asset Turnover for the quarter that ended in Sep. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2014 )/( (Total Assets (Q: Jun. 2014 )+Total Assets (Q: Sep. 2014 ))/ count )
=43.42/( (110.526+76.149)/ 2 )
=43.42/93.3375
=0.47

* 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.


Body Central  (OTCPK:BODY) Asset Turnover Explanation

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

Body Central's annulized ROE % for the quarter that ended in Sep. 2014 is

ROE %**(Q: Sep. 2014 )
=Net Income/Total Stockholders Equity
=-66.852/22.9035
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-66.852 / 173.68)*(173.68 / 93.3375)*(93.3375/ 22.9035)
=Net Margin %*Asset Turnover*Equity Multiplier
=-38.49 %*1.8608*4.0753
=ROA %*Equity Multiplier
=-71.62 %*4.0753
=-291.89 %

Note: The Net Income data used here is four times the quarterly (Sep. 2014) net income data. The Revenue data used here is four times the quarterly (Sep. 2014) 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:

Body Central's annulized ROA % for the quarter that ended in Sep. 2014 is

ROA %(Q: Sep. 2014 )
=Net Income/Total Assets
=-66.852/93.3375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-66.852 / 173.68)*(173.68 / 93.3375)
=Net Margin %*Asset Turnover
=-38.49 %*1.8608
=-71.62 %

Note: The Net Income data used here is four times the quarterly (Sep. 2014) net income data. The Revenue data used here is four times the quarterly (Sep. 2014) 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.


Body Central Asset Turnover Related Terms

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Body Central (Body Central) Business Description

Traded in Other Exchanges
N/A
Address
Body Central Corp is a multi-channel specialty retailer offering apparel and accessories. The company operates specialty apparel stores under the Body Central and Body Shop banners as well as a direct business comprised Boy central catalog and e-commerce website. Its products include tops, dresses, bottoms, jewelry, lingerie, accessories, and shoes. The company markets and sells its products under Bodycentral, Sexy stretch and Lipstick lingerie brand labels.
Executives
683 Capital Partners, Lp 10 percent owner C/O 683 CAPITAL GP, LLC, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
683 Capital Management, Llc 10 percent owner 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Ari Zweiman director C/O 683 CAPITAL MANAGEMENT, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Solas Capital Management, Llc 10 percent owner 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Tucker Golden Frederick 10 percent owner C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Donna R Ecton director C/O BODY CENTRAL CORP., 6225 POWERS AVENUE, JACKSONVILLE FL 32217
Thomas W Stoltz officer: COO & CFO 611 BAINBRIDGE STREET, SUITE 100, C/O CARLOTZ, INC., RICHMOND VA 23224
John K Haley director C/O GENERAL GROWTH PROPERTIES, INC. 110 NORTH WACKER DRIVE CHICAGO IL 60606
Allen Weinstein other: Former President and CEO C/O BODY CENTRAL CORP., 6225 POWERS AVENUE, JACKSONVILLE FL 32217
Martin P Doolan director 150 THORN HILL DR., WARRENDALE PA 15095
Richard J Williams 10 percent owner 125 HIGH STREET, 26TH FLOOR, BOSTON MA 02110