GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Anchor Bancorp (NAS:ANCB) » Definitions » Asset Turnover

Anchor Bancorp (Anchor Bancorp) Asset Turnover : 0.01 (As of Sep. 2018)


View and export this data going back to 2011. Start your Free Trial

What is Anchor Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Anchor Bancorp's Revenue for the three months ended in Sep. 2018 was $5.78 Mil. Anchor Bancorp's Total Assets for the quarter that ended in Sep. 2018 was $474.27 Mil. Therefore, Anchor Bancorp's Asset Turnover for the quarter that ended in Sep. 2018 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Anchor Bancorp's annualized ROE % for the quarter that ended in Sep. 2018 was 7.56%. It is also linked to ROA % through Du Pont Formula. Anchor Bancorp's annualized ROA % for the quarter that ended in Sep. 2018 was 1.09%.


Anchor Bancorp Asset Turnover Historical Data

The historical data trend for Anchor Bancorp'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.

Anchor Bancorp Asset Turnover Chart

Anchor Bancorp Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.05 0.05 0.05

Anchor Bancorp Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Anchor Bancorp's Asset Turnover

For the Banks - Regional subindustry, Anchor Bancorp'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.


Anchor Bancorp's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Anchor Bancorp's Asset Turnover distribution charts can be found below:

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



Anchor Bancorp Asset Turnover Calculation

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

Anchor Bancorp's Asset Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2018 )/( (Total Assets (A: Jun. 2017 )+Total Assets (A: Jun. 2018 ))/ count )
=22.023/( (462.525+469.654)/ 2 )
=22.023/466.0895
=0.05

Anchor Bancorp's Asset Turnover for the quarter that ended in Sep. 2018 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=5.776/( (469.654+478.88)/ 2 )
=5.776/474.267
=0.01

* 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.


Anchor Bancorp  (NAS:ANCB) Asset Turnover Explanation

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

Anchor Bancorp's annulized ROE % for the quarter that ended in Sep. 2018 is

ROE %**(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=5.148/68.06
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.148 / 23.104)*(23.104 / 474.267)*(474.267/ 68.06)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.28 %*0.0487*6.9684
=ROA %*Equity Multiplier
=1.09 %*6.9684
=7.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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:

Anchor Bancorp's annulized ROA % for the quarter that ended in Sep. 2018 is

ROA %(Q: Sep. 2018 )
=Net Income/Total Assets
=5.148/474.267
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.148 / 23.104)*(23.104 / 474.267)
=Net Margin %*Asset Turnover
=22.28 %*0.0487
=1.09 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) 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.


Anchor Bancorp Asset Turnover Related Terms

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


Anchor Bancorp (Anchor Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Anchor Bancorp is a bank holding company for Anchor Bank. Bancorp operates through its holding Anchor Bank which is a community-based savings bank that serves Western Washington through its full-service banking offices (including one Wal-Mart in-store location) located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, and one loan production office located in King County, Washington. Bancorp's business is to attract deposits from the public and utilize those deposits to originate loans. It offers commercial and multi-family real estate loans and also offers loans for the construction of one-to-four family residences, as well as consumer loans.
Executives
Matthew F Moran officer: Exec VP, CCO of the Bank C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Gordon Sheridan Stephenson director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101

Anchor Bancorp (Anchor Bancorp) Headlines

From GuruFocus

FS Bancorp, Inc. Completes Merger With Anchor Bancorp

By Marketwired Marketwired 11-16-2018

Legendary Value Investor Michael Price's New 13-f Filing

By Cody Eustice CodyEustice 02-18-2015

Anchor Bancorp (ANCB) Vice Chairman of the Board Douglas A Kay buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 01-27-2011

Anchor Bancorp (ANCB) Chairman of the Board Robert D Ruecker buys 15,500 Shares

By GuruFocus Research GuruFocus Editor 01-27-2011

Anchor Bancorp (ANCB) CEO Jerald L Shaw buys 15,000 Shares

By GuruFocus Research GuruFocus Editor 01-27-2011