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JBG SMITH Properties (JBG SMITH Properties) Asset Turnover : 0.03 (As of Mar. 2024)


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What is JBG SMITH Properties Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. JBG SMITH Properties's Revenue for the three months ended in Mar. 2024 was $145.2 Mil. JBG SMITH Properties's Total Assets for the quarter that ended in Mar. 2024 was $5,461.9 Mil. Therefore, JBG SMITH Properties's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. JBG SMITH Properties's annualized ROE % for the quarter that ended in Mar. 2024 was -5.91%. It is also linked to ROA % through Du Pont Formula. JBG SMITH Properties's annualized ROA % for the quarter that ended in Mar. 2024 was -2.36%.


JBG SMITH Properties Asset Turnover Historical Data

The historical data trend for JBG SMITH Properties'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.

JBG SMITH Properties Asset Turnover Chart

JBG SMITH Properties 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 0.11 0.10 0.10 0.10 0.11

JBG SMITH Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of JBG SMITH Properties's Asset Turnover

For the REIT - Office subindustry, JBG SMITH Properties'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.


JBG SMITH Properties's Asset Turnover Distribution in the REITs Industry

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

* The bar in red indicates where JBG SMITH Properties's Asset Turnover falls into.



JBG SMITH Properties Asset Turnover Calculation

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

JBG SMITH Properties'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 )
=604.198/( (5903.438+5518.515)/ 2 )
=604.198/5710.9765
=0.11

JBG SMITH Properties's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=145.184/( (5518.515+5405.35)/ 2 )
=145.184/5461.9325
=0.03

* 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.


JBG SMITH Properties  (NYSE:JBGS) Asset Turnover Explanation

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

JBG SMITH Properties's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-129.104/2185.7835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-129.104 / 580.736)*(580.736 / 5461.9325)*(5461.9325/ 2185.7835)
=Net Margin %*Asset Turnover*Equity Multiplier
=-22.23 %*0.1063*2.4988
=ROA %*Equity Multiplier
=-2.36 %*2.4988
=-5.91 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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:

JBG SMITH Properties's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-129.104/5461.9325
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-129.104 / 580.736)*(580.736 / 5461.9325)
=Net Margin %*Asset Turnover
=-22.23 %*0.1063
=-2.36 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) 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.


JBG SMITH Properties Asset Turnover Related Terms

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


JBG SMITH Properties (JBG SMITH Properties) Business Description

Traded in Other Exchanges
N/A
Address
4747 Bethesda Avenue, Suite 200, Bethesda, MD, USA, 20814
JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in and develops real estate assets concentrated in urban infill submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to the legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily and third-party asset management and real estate services.
Executives
Angela Valdes officer: Chief Accounting Officer 1600 NE MIAMI GARDENS DRIVE, NORTH MIAMI BEACH FL 33179
Kevin Reynolds officer: Co-Chief Development Officer C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Steven A Museles officer: Chief Legal Off. & Corp Secy
Madhumita Moina Banerjee officer: EVP, HEAD OF CAPITAL MARKETS C/O JBG SMITH PROPERTIES, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
David Peter Paul officer: Pres. & Chief Operating Off. C/O JBG/OPERATING PARTNERS, 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Robert Alexander Stewart director, officer: Executive Vice Chairman C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
George Laucks Xanders officer: Chief Investment Officer C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA MD 20814
Scott A Estes director WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Alan S Forman director 55 WHITNEY AVENUE, 5TH FLOOR, NEW HAVEN CT 06511
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Charles E Haldeman director C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Alisa Michelle Mall director C/O JBG SMITH PROPERTIES, 4747 BETHESDA AVENUE, SUITE 200, BETHESDA MD 20814
Michael J Glosserman director THE JBG COMPANIES, 4445 WILLARD AVENUE, 4TH FLOOR, CHEVY CHASE MD 20815
University Yale director YALE UNIVERSITY INVESTMENTS OFFICE, 55 WHITNEY AVENUE 5TH FLOOR, NEW HAVEN CT 06510-1300
James Lee Iker officer: Chief Investment Officer C/O JBG/OPERATING PARTNERS, L.P., 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815

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