Banco Occidental de Descuento BOD (CAR:BOU) Asset Turnover: 0.05 (As of Mar. 2022)

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What is Banco Occidental de Descuento BOD Asset Turnover?

Banco Occidental de Descuento BOD CAR:BOU Asset Turnover is 0.05 as of Mar. 2022.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Banco Occidental de Descuento BOD's Revenue for the three months ended in Mar. 2022 was VES25 Mil. Banco Occidental de Descuento BOD's Total Assets for the quarter that ended in Mar. 2022 was VES506 Mil. Therefore, Banco Occidental de Descuento BOD's Asset Turnover for the quarter that ended in Mar. 2022 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. Banco Occidental de Descuento BOD's annualized ROE % for the quarter that ended in Mar. 2022 was -150.19%. It is also linked to ROA % through Du Pont Formula. Banco Occidental de Descuento BOD's annualized ROA % for the quarter that ended in Mar. 2022 was -11.92%.


Banco Occidental de Descuento BOD  (CAR:BOU) Asset Turnover Explanation

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

Banco Occidental de Descuento BOD's annulized ROE % for the quarter that ended in Mar. 2022 is

ROE %**(Q: Mar. 2022 )
=Net Income/Total Stockholders Equity
=-60.284/40.1385
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-60.284 / 99.324)*(99.324 / 505.9445)*(505.9445/ 40.1385)
=Net Margin %*Asset Turnover*Equity Multiplier
=-60.69 %*0.1963*12.605
=ROA %*Equity Multiplier
=-11.92 %*12.605
=-150.19 %

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:

Banco Occidental de Descuento BOD's annulized ROA % for the quarter that ended in Mar. 2022 is

ROA %(Q: Mar. 2022 )
=Net Income/Total Assets
=-60.284/505.9445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-60.284 / 99.324)*(99.324 / 505.9445)
=Net Margin %*Asset Turnover
=-60.69 %*0.1963
=-11.92 %

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.


Banco Occidental de Descuento BOD Asset Turnover Related Terms


Banco Occidental de Descuento BOD Asset Turnover Historical Data

* Premium members only.

The historical data trend for Banco Occidental de Descuento BOD'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.

Banco Occidental de Descuento BOD Asset Turnover Chart

Banco Occidental de Descuento BOD Annual Data
Trend Dec21
Asset Turnover
0.19

Banco Occidental de Descuento BOD Quarterly Data
Jun19 Jun21 Sep21 Dec21 Mar22
Asset Turnover 0.00 0.00 0.06 0.00 0.05

CAR:BOU vs BLX: Asset Turnover Comparison

For the Banks - Regional subindustry, Banco Occidental de Descuento BOD'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.


Banco Occidental de Descuento BOD Asset Turnover vs Banks Industry

For the Banks industry and Financial Services sector, Banco Occidental de Descuento BOD's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Banco Occidental de Descuento BOD's Asset Turnover falls into.



Banco Occidental de Descuento BOD Asset Turnover Calculation

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

Banco Occidental de Descuento BOD'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: . 20 )+Total Assets (A: Dec. 2021 ))/ count )
=/( (+)/ )
=/
=

Banco Occidental de Descuento BOD'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 )
=24.831/( (558.004+453.885)/ 2 )
=24.831/505.9445
=0.05

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.05 mean?
Banco Occidental de Descuento BOD (CAR:BOU) has a Asset Turnover of 0.05 as of Mar. 2022. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Banco Occidental de Descuento BOD and its competitors.
Is Banco Occidental de Descuento BOD's Asset Turnover too high?
Banco Occidental de Descuento BOD's current Asset Turnover is 0.05.
How does Banco Occidental de Descuento BOD's Asset Turnover compare to BLX?
Banco Occidental de Descuento BOD's Asset Turnover of 0.05 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Banks company?
A good Asset Turnover depends on the Banks industry context. However, Asset Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Banco Occidental de Descuento BOD and its competitors. Banco Occidental de Descuento BOD's current Asset Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Occidental de Descuento BOD stock overvalued right now?
Banco Occidental de Descuento BOD (CAR:BOU) has a current Asset Turnover of 0.05. The current Asset Turnover is 0.05. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Banco Occidental de Descuento BOD (CAR:BOU), the current Asset Turnover is 0.05 as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Occidental de Descuento BOD Business Description

Address Avenida 5 de Julio, Avenue corner 17, Maracaibo, VEN
Banco Occidental de Descuento BOD is a commercial bank. The Company operates in five banking units: Commercial, Co-Operative, Petroleum, Agricultural, and Private Banking.