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GSBC (Great Southern Bancorp) Asset Turnover : 0.01 (As of Sep. 2024)


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What is Great Southern 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. Great Southern Bancorp's Revenue for the three months ended in Sep. 2024 was $55.0 Mil. Great Southern Bancorp's Total Assets for the quarter that ended in Sep. 2024 was $5,997.6 Mil. Therefore, Great Southern Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Great Southern Bancorp's annualized ROE % for the quarter that ended in Sep. 2024 was 11.17%. It is also linked to ROA % through Du Pont Formula. Great Southern Bancorp's annualized ROA % for the quarter that ended in Sep. 2024 was 1.10%.


Great Southern Bancorp Asset Turnover Historical Data

The historical data trend for Great Southern 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.

Great Southern Bancorp Asset Turnover Chart

Great Southern Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Great Southern Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Great Southern Bancorp's Asset Turnover

For the Banks - Regional subindustry, Great Southern 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.


Great Southern Bancorp's Asset Turnover Distribution in the Banks Industry

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

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



Great Southern Bancorp Asset Turnover Calculation

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

Great Southern Bancorp'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 )
=223.288/( (5680.702+5812.402)/ 2 )
=223.288/5746.552
=0.04

Great Southern Bancorp's Asset Turnover for the quarter that ended in Sep. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=54.967/( (5958.766+6036.521)/ 2 )
=54.967/5997.6435
=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.


Great Southern Bancorp  (NAS:GSBC) Asset Turnover Explanation

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

Great Southern Bancorp's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=65.96/590.441
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(65.96 / 219.868)*(219.868 / 5997.6435)*(5997.6435/ 590.441)
=Net Margin %*Asset Turnover*Equity Multiplier
=30 %*0.0367*10.1579
=ROA %*Equity Multiplier
=1.10 %*10.1579
=11.17 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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:

Great Southern Bancorp's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=65.96/5997.6435
=(Net Income / Revenue)*(Revenue / Total Assets)
=(65.96 / 219.868)*(219.868 / 5997.6435)
=Net Margin %*Asset Turnover
=30 %*0.0367
=1.10 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Great Southern Bancorp Asset Turnover Related Terms

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


Great Southern Bancorp Business Description

Traded in Other Exchanges
N/A
Address
1451 East Battlefield, Springfield, MO, USA, 65804
Great Southern Bancorp Inc is a bank holding company. It is principally engaged in the business of originating residential and commercial real estate loans, construction loans, commercial business loans, and consumer loans. The bank provides various services such as Business Banking, Merchant Services, Debit and Credit cards, Online Banking, Mobile Banking, VIP Banking, Overdraft Protection, and various other related services.
Executives
Mark A Maples other: Vice President of Subsidiary 218 S GLENSTONE AVE, SPRINGFIELD MO 65802
Julie A Brown director 4725 E ROYAL DRIVE, SPRINGFIELD MO 65809
William V Turner director, 10 percent owner 6608 E SHADY, STRAFFORD MO 65757
Joseph W Turner director, officer: President/CEO 2190 N FARM ROAD 213, STRAFFORD MO 65757
Rex A Copeland officer: Treasurer 4901 S. BOTHWELL, SPRINGFIELD MO 65804
John M Bugh other: Vice President of Subsidiary 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Steinert Earl A Jr director 3128 N FARM RD 209, STRAFFORD MO 65757
Kevin L Baker other: Vice President of Subsidiary 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Thomas J Carlson director 1414 N. BENTON AVE, SPRINGFIELD MO 65802
Kevin R Ausburn director 218 S. GLENSTONE AVE, SPRINGFIELD MO 65802
Steven D Edwards director 218 S GLENSTONE AVENUE, SPRINGFIELD MO 65802
Douglas W Marrs other: Vice President of Subsidiary 111 W. NORTHVIEW, NIXA MO 65714
Linton J Thomason other: Vice President of Subsidiary 1412 FOUR WINDS DRIVE, NIXA MO 65714
Larry D Frazier director 567 E. DALE, HOLLISTER MO 65672
William E Barclay director 3732 E. BOWMAN, SPRINGFIELD MO 65809