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PLBY Group (PLBY Group) Asset Turnover : 0.09 (As of Mar. 2024)


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What is PLBY Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. PLBY Group's Revenue for the three months ended in Mar. 2024 was $28.3 Mil. PLBY Group's Total Assets for the quarter that ended in Mar. 2024 was $321.7 Mil. Therefore, PLBY Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. PLBY Group's annualized ROE % for the quarter that ended in Mar. 2024 was -174.41%. It is also linked to ROA % through Du Pont Formula. PLBY Group's annualized ROA % for the quarter that ended in Mar. 2024 was -20.45%.


PLBY Group Asset Turnover Historical Data

The historical data trend for PLBY Group'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.

PLBY Group Asset Turnover Chart

PLBY Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Asset Turnover
0.36 0.37 0.25 0.32

PLBY Group Quarterly Data
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 0.07 0.08 0.09 0.11 0.09

Competitive Comparison of PLBY Group's Asset Turnover

For the Leisure subindustry, PLBY Group'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.


PLBY Group's Asset Turnover Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PLBY Group's Asset Turnover distribution charts can be found below:

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



PLBY Group Asset Turnover Calculation

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

PLBY Group'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 )
=142.95/( (554.584+334.254)/ 2 )
=142.95/444.419
=0.32

PLBY Group'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 )
=28.319/( (334.254+309.14)/ 2 )
=28.319/321.697
=0.09

* 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.


PLBY Group  (NAS:PLBY) Asset Turnover Explanation

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

PLBY Group's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-65.788/37.72
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-65.788 / 113.276)*(113.276 / 321.697)*(321.697/ 37.72)
=Net Margin %*Asset Turnover*Equity Multiplier
=-58.08 %*0.3521*8.5286
=ROA %*Equity Multiplier
=-20.45 %*8.5286
=-174.41 %

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:

PLBY Group's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-65.788/321.697
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-65.788 / 113.276)*(113.276 / 321.697)
=Net Margin %*Asset Turnover
=-58.08 %*0.3521
=-20.45 %

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.


PLBY Group Asset Turnover Related Terms

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


PLBY Group (PLBY Group) Business Description

Traded in Other Exchanges
N/A
Address
10960 Wilshire Boulevard, Suite 2200, Los Angeles, CA, USA, 90024
PLBY Group, Inc. ("PLBY Group") connects consumers around the world with products, services, and experiences to help them look good, feel good, and have fun. PLBY Group serves consumers in four major categories: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming PLBY Group's flagship consumer brand, Playboy, is one of the most recognizable, iconic brands in the world, driving more than $3 billion in global consumer spend annually across 180 countries.
Executives
Kohn Bernhard L Iii director, officer: CEO and President C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Florus Beuting officer: Chief Accounting Officer C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Christopher Riley officer: General Counsel & Secretary 8800 WEST SUNSET BOULEVARD, WEST HOLLYWOOD CA 90069
Lance Barton officer: Chief Financial Officer 10960 WILSHIRE BLVD., SUITE 2200, LOS ANGELES CA 90024
Marc Crossman officer: CFO & COO 162 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Suhail Rizvi director, 10 percent owner 575 MADISON AVE, 7TH FLOOR, NEW YORK NY 10022
John Giampetroni 10 percent owner 260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Juliana F Hill director
Tracey E Edmonds director C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Rizvi Opportunistic Equity Fund Ii, L.p. 10 percent owner 260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Rizvi Traverse Gp Ii, Llc 10 percent owner 801 NORTHPOINT PARKWAY, SUITE 129, WEST PALM BEACH FL 33407
Drawbridge Special Opportunities Fund Lp 10 percent owner C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

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