Sanderson Farms (Sanderson Farms) Asset Turnover : 0.57 (As of Apr. 2022)

Sanderson Farms Asset Turnover Chart

Sanderson Farms Annual Data
	Trend	Oct12	Oct13	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21
Asset Turnover		Get a 7-Day Free Trial					2.12	1.91	2.00	1.97	2.29

Sanderson Farms Quarterly Data
	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
Asset Turnover	Get a 7-Day Free Trial															0.58	0.65	0.62	0.54	0.57

Competitive Comparison of Sanderson Farms's Asset Turnover

For the Packaged Foods subindustry, Sanderson Farms'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.

Sanderson Farms's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sanderson Farms's Asset Turnover distribution charts can be found below:

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

Sanderson Farms Asset Turnover Calculation

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

Sanderson Farms's Asset Turnover for the fiscal year that ended in Oct. 2021 is calculated as

Sanderson Farms's Asset Turnover for the quarter that ended in Apr. 2022 is calculated as

* 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.

Sanderson Farms  (NAS:SAFM) Asset Turnover Explanation

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

Sanderson Farms's annulized ROE % for the quarter that ended in Apr. 2022 is

Note: The Net Income data used here is four times the quarterly (Apr. 2022) net income data. The Revenue data used here is four times the quarterly (Apr. 2022) 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:

Sanderson Farms's annulized ROA % for the quarter that ended in Apr. 2022 is

Note: The Net Income data used here is four times the quarterly (Apr. 2022) net income data. The Revenue data used here is four times the quarterly (Apr. 2022) 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.

Sanderson Farms Asset Turnover Related Terms

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Sanderson Farms (Sanderson Farms) Business Description