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Gulf Commercial Bank (Al-Kaleej Bank) (IQS:BGUC) Asset Turnover : 0.00 (As of . 20)


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What is Gulf Commercial Bank (Al-Kaleej Bank) Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Gulf Commercial Bank (Al-Kaleej Bank)'s Revenue for the three months ended in . 20 was ع.د Mil. Gulf Commercial Bank (Al-Kaleej Bank)'s Total Assets for the quarter that ended in . 20 was ع.د Mil. Therefore, Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover for the quarter that ended in . 20 was 0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Gulf Commercial Bank (Al-Kaleej Bank)'s annualized ROE % for the quarter that ended in . 20 was %. It is also linked to ROA % through Du Pont Formula. Gulf Commercial Bank (Al-Kaleej Bank)'s annualized ROA % for the quarter that ended in . 20 was %.


Gulf Commercial Bank (Al-Kaleej Bank) Asset Turnover Historical Data

The historical data trend for Gulf Commercial Bank (Al-Kaleej Bank)'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.

Gulf Commercial Bank (Al-Kaleej Bank) Asset Turnover Chart

Gulf Commercial Bank (Al-Kaleej Bank) Annual Data
Trend
Asset Turnover

Gulf Commercial Bank (Al-Kaleej Bank) Quarterly Data
Asset Turnover

Competitive Comparison of Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover

For the Banks - Regional subindustry, Gulf Commercial Bank (Al-Kaleej Bank)'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.


Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover distribution charts can be found below:

* The bar in red indicates where Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover falls into.



Gulf Commercial Bank (Al-Kaleej Bank) Asset Turnover Calculation

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

Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover for the fiscal year that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
=

Gulf Commercial Bank (Al-Kaleej Bank)'s Asset Turnover for the quarter that ended in . 20 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
=

* 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.


Gulf Commercial Bank (Al-Kaleej Bank)  (IQS:BGUC) Asset Turnover Explanation

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

Gulf Commercial Bank (Al-Kaleej Bank)'s annulized ROE % for the quarter that ended in . 20 is

ROE %**(Q: . 20 )
=Net Income/Total Stockholders Equity
=/
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=( / )*( / )*(/ )
=Net Margin %*Asset Turnover*Equity Multiplier
= %**
=ROA %*Equity Multiplier
= %*
= %

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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:

Gulf Commercial Bank (Al-Kaleej Bank)'s annulized ROA % for the quarter that ended in . 20 is

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) 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.


Gulf Commercial Bank (Al-Kaleej Bank) Asset Turnover Related Terms

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Gulf Commercial Bank (Al-Kaleej Bank) (IQS:BGUC) Business Description

Traded in Other Exchanges
N/A
Address
Al-Sadoon Street, Building 27, Sector 903, Opposite to Al-Alawiyya Exchange, Baghdad, IRQ
Gulf Commercial Bank (Al-Kaleej Bank) provides banking services. It is based in Baghdad in Iraq. It has more than fifteen branches. It offers retail banking services, such as current and saving accounts, personal loans, and currency and credit cards. The company also provides wholesale commercial financing, project and structured financing, syndication and agency, Shariah-compliant banking, and global transaction banking services.

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