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Westwater Resources (Westwater Resources) Asset Turnover : 0.00 (As of Mar. 2024)


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What is Westwater Resources Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Westwater Resources's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Westwater Resources's Total Assets for the quarter that ended in Mar. 2024 was $148.51 Mil. Therefore, Westwater Resources's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Westwater Resources's annualized ROE % for the quarter that ended in Mar. 2024 was -8.32%. It is also linked to ROA % through Du Pont Formula. Westwater Resources's annualized ROA % for the quarter that ended in Mar. 2024 was -7.81%.


Westwater Resources Asset Turnover Historical Data

The historical data trend for Westwater Resources'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.

Westwater Resources Asset Turnover Chart

Westwater Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
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Westwater Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Westwater Resources's Asset Turnover

For the Other Industrial Metals & Mining subindustry, Westwater Resources'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.


Westwater Resources's Asset Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Westwater Resources's Asset Turnover distribution charts can be found below:

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



Westwater Resources Asset Turnover Calculation

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

Westwater Resources'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 )
=0/( (168.408+149.831)/ 2 )
=0/159.1195
=0.00

Westwater Resources'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 )
=0/( (149.831+147.179)/ 2 )
=0/148.505
=0.00

* 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.


Westwater Resources  (AMEX:WWR) Asset Turnover Explanation

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

Westwater Resources's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-11.592/139.372
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.592 / 0)*(0 / 148.505)*(148.505/ 139.372)
=Net Margin %*Asset Turnover*Equity Multiplier
= %*0*1.0655
=ROA %*Equity Multiplier
=-7.81 %*1.0655
=-8.32 %

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:

Westwater Resources's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-11.592/148.505
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.592 / 0)*(0 / 148.505)
=Net Margin %*Asset Turnover
= %*0
=-7.81 %

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.


Westwater Resources Asset Turnover Related Terms

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


Westwater Resources (Westwater Resources) Business Description

Traded in Other Exchanges
Address
6950 South Potomac Street, Suite 300, Centennial, CO, USA, 80112
Westwater Resources Inc focused on developing battery-grade natural graphite materials. The company is having one project which is the Westwater's coosa project which is currently used for the mining and extraction of graphite.
Executives
Frank Bakker officer: President and CEO C/O OCI PARTNERS LP, 5470 N. TWIN CITY HIGHWAY, NEDERLAND TX 77627
Deborah A Peacock director C/O WESTWATER RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Terence James Cryan director 2 HAMPSHIRE RD, BRONXVILLE NY 10708
John W Lawrence officer: General Counsel and Corp Sec 6950 S POTOMAC STREET, SUITE 300, C/O WESTWATER RESOURCES, INC., CENTENNIAL CO 80112
Chad M. Potter officer: Chief Operating Officer C/O WESTWATER RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Jeffrey L. Vigil officer: Vice President-Finance and CFO 405 STATE HIGHWAY 121 BYPASS, BUILDING A, SUITE 110, LEWISVILLE TX 75067
Steven M. Cates officer: CAO and Controller C/O WESTWATER RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Karli S. Anderson director 1660 WYNKOOP STREET, SUITE 1000, DENVER CO 80202
Tracy D Pagliara director 1800 GARDNER EXPRESSWAY, QUINCY IL 62305
Dain A Mccoig officer: Vice President C/O URANIUM RESOURCES, INC., 405 SH 121 BYPASS, BLD. A, SUITE 110, LEWISVILLE TX 75067
Christopher Murrel Jones director, officer: President and CEO 970 BUFFALO RIDGE ROAD, CASTLE PINES CO 80108
Marvin K Kaiser director P.O. BOX 460011, ST. LOUIS MO 63151
Patrick Nicolas Burke director C/O URANIUM RESOURCES, INC., 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL CO 80112
Dean Theodore Wilton officer: VP and Chief Geologist 405 STATE HIGHWAY 121 BYPASS, BUILDING A, SUITE 110, LEWISVILLE TX 75067
Rcf Management L.l.c. 10 percent owner 1400 16TH STREET, SUITE 200, DENVER CO 80202