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Gouverneur Bancorp (Gouverneur Bancorp) Asset Turnover : 0.01 (As of Dec. 2023)


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What is Gouverneur 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. Gouverneur Bancorp's Revenue for the three months ended in Dec. 2023 was $1.94 Mil. Gouverneur Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $205.42 Mil. Therefore, Gouverneur Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Gouverneur Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 1.65%. It is also linked to ROA % through Du Pont Formula. Gouverneur Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was 0.23%.


Gouverneur Bancorp Asset Turnover Historical Data

The historical data trend for Gouverneur 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.

Gouverneur Bancorp Asset Turnover Chart

Gouverneur Bancorp Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep22 Sep23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Gouverneur Bancorp Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 Gouverneur Bancorp's Asset Turnover

For the Banks - Regional subindustry, Gouverneur 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.


Gouverneur Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Gouverneur Bancorp Asset Turnover Calculation

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

Gouverneur Bancorp's Asset Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=7.622/( (213.019+205.885)/ 2 )
=7.622/209.452
=0.04

Gouverneur Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.939/( (205.885+204.945)/ 2 )
=1.939/205.415
=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.


Gouverneur Bancorp  (OTCPK:GOVB) Asset Turnover Explanation

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

Gouverneur Bancorp's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0.472/28.5835
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.472 / 7.756)*(7.756 / 205.415)*(205.415/ 28.5835)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.09 %*0.0378*7.1865
=ROA %*Equity Multiplier
=0.23 %*7.1865
=1.65 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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:

Gouverneur Bancorp's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=0.472/205.415
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.472 / 7.756)*(7.756 / 205.415)
=Net Margin %*Asset Turnover
=6.09 %*0.0378
=0.23 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Gouverneur Bancorp Asset Turnover Related Terms

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


Gouverneur Bancorp (Gouverneur Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
42 Church Street, Gouverneur, NY, USA, 13642
Gouverneur Bancorp Inc principal activities are to accept deposits from the public and utilize those funds in loans, debt obligations which are issued by the United States government and its agencies and mortgage-backed securities. The group serves individuals and businesses in St. Lawrence, Jefferson, and Lewis Counties in New York State. The company operates through its subsidiary Gouverneur Savings and Loan Association. The bank offers commercial, non-mortgage loans to local businesses for working capital, machinery and equipment purchases, expansion and other business purposes.
Executives
Timothy J Monroe director 42 CHURCH STREET, PO BOX 297, GOVENEUR NY 13642-0297
Henry J Leader director 42 CHURCH STREET, PO BOX 297, GOUVERNEUR NY 13642
David Claren Mcclure director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
Clara Pistolesi Cummings director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
Chad Brian Soper director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
Amy Marie Rapholz director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
John Neil Mason director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Kimberly Ann Adams officer: VP and CFO C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Taylor James Robbins officer: Executive Vice President C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Sadie May Hall officer: VP & Compliance Officer C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Van Vleet Charles C Jr director, officer: President & CEO C/O GOUVERNEUR SAVINGS LOAN ASSOC, 42 CHURCH ST. BOX 297, GOUVERNEUR NY 13642-0297
Victor Alan James officer: VP & COO C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642

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