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Welbilt (Welbilt) Asset Turnover : 0.14 (As of Mar. 2022)


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What is Welbilt Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Welbilt's Revenue for the three months ended in Mar. 2022 was $333 Mil. Welbilt's Total Assets for the quarter that ended in Mar. 2022 was $2,308 Mil. Therefore, Welbilt's Asset Turnover for the quarter that ended in Mar. 2022 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Welbilt's annualized ROE % for the quarter that ended in Mar. 2022 was 3.19%. It is also linked to ROA % through Du Pont Formula. Welbilt's annualized ROA % for the quarter that ended in Mar. 2022 was 0.50%.


Welbilt Asset Turnover Historical Data

The historical data trend for Welbilt'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.

Welbilt Asset Turnover Chart

Welbilt Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.81 0.75 0.54 0.70

Welbilt Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.12 0.18 0.18 0.19 0.14

Competitive Comparison of Welbilt's Asset Turnover

For the Specialty Industrial Machinery subindustry, Welbilt'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.


Welbilt's Asset Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Welbilt's Asset Turnover distribution charts can be found below:

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



Welbilt Asset Turnover Calculation

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

Welbilt's Asset Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=1546.9/( (2141.6+2277.6)/ 2 )
=1546.9/2209.6
=0.70

Welbilt's Asset Turnover for the quarter that ended in Mar. 2022 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=333/( (2277.6+2337.9)/ 2 )
=333/2307.75
=0.14

* 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.


Welbilt  (NYSE:WBT) Asset Turnover Explanation

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

Welbilt's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=11.6/363.8
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.6 / 1332)*(1332 / 2307.75)*(2307.75/ 363.8)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.87 %*0.5772*6.3435
=ROA %*Equity Multiplier
=0.50 %*6.3435
=3.19 %

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

Welbilt's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=11.6/2307.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.6 / 1332)*(1332 / 2307.75)
=Net Margin %*Asset Turnover
=0.87 %*0.5772
=0.50 %

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


Welbilt Asset Turnover Related Terms

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


Welbilt (Welbilt) Business Description

Traded in Other Exchanges
N/A
Address
2227 Welbilt Boulevard, New Port Richey, FL, USA, 34655
Welbilt Inc is engaged in the designing, manufacturing and supplying of equipment for the commercial foodservice market which is used by commercial and institutional foodservice operators including full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions. The group offers various products such as grills, induction cookers braising pans, steamers, and others under the brand name such as Cleveland, Convotherm, Delfield, Frymaster, and others. The firm's geographical segments include Americas, EMEA, and APAC. It generates a majority of its revenue from the Americas.
Executives
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
William Johnson director, officer: President and CEO 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Andrew Langham director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Janice L Fields director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
Joel H. Horn officer: EVP, Gen Counsel and Corp Secy 2227 WELBILT BOULEVARD NEW PORT RICHEY FL 34655
Brian R Gamache director
Cynthia M Egnotovich director
Martin D. Agard officer: EVP Chief Financial Officer 3000 JOHN DEERE ROAD, TOANO VA 23168
Kimberly Ann Perez officer: VP, Chief Accounting Officer 4211 W. BOY SCOUT BLVD. TAMPA FL 33607
Richard James Sheffer officer: VP, IR, Risk Mgmt, Treasurer MANITOWOC FOODSERVICE INC. 2227 WELBILT BLVD. NEW PORT RICHEY FL 34655
Dino J Bianco director C/O KRAFT FOODS GROUP, THREE LAKES DRIVE, NORTHFIELD IL 60093
Jennifer Gudenkauf officer: EVP & CHRO 2227 WELBILT BLVD NEW PORT RICHEY FL 34655
Richard N. Caron officer: SVP Innovation MANITOWOC FOODSERVICE INC 2227 WELBILT BLVD NEW PORT RICHEY FL 34655
Josef Matosevic officer: SVP Chief Operating Officer 1500 WEST UNIVERSITY PARKWAY, SARASOTA FL 34243
Jamie E Palm officer: VP, Corp Controller, CAO 1725 SHEPHERD ROAD, CHATTANOOGA TN 37421