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JUVF (Juniata Valley Financial) Asset Turnover : 0.01 (As of Sep. 2024)


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What is Juniata Valley Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Juniata Valley Financial's Revenue for the three months ended in Sep. 2024 was $7.24 Mil. Juniata Valley Financial's Total Assets for the quarter that ended in Sep. 2024 was $860.32 Mil. Therefore, Juniata Valley Financial's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Juniata Valley Financial's annualized ROE % for the quarter that ended in Sep. 2024 was 14.57%. It is also linked to ROA % through Du Pont Formula. Juniata Valley Financial's annualized ROA % for the quarter that ended in Sep. 2024 was 0.76%.


Juniata Valley Financial Asset Turnover Historical Data

The historical data trend for Juniata Valley Financial'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.

Juniata Valley Financial Asset Turnover Chart

Juniata Valley Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.04 0.03 0.03

Juniata Valley Financial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Juniata Valley Financial's Asset Turnover

For the Banks - Regional subindustry, Juniata Valley Financial'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.


Juniata Valley Financial's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Juniata Valley Financial's Asset Turnover falls into.



Juniata Valley Financial Asset Turnover Calculation

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

Juniata Valley Financial'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 )
=28.029/( (829.619+870.555)/ 2 )
=28.029/850.087
=0.03

Juniata Valley Financial'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 )
=7.24/( (862.677+857.956)/ 2 )
=7.24/860.3165
=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.


Juniata Valley Financial  (OTCPK:JUVF) Asset Turnover Explanation

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

Juniata Valley Financial's annulized ROE % for the quarter that ended in Sep. 2024 is

ROE %**(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=6.548/44.9395
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6.548 / 28.96)*(28.96 / 860.3165)*(860.3165/ 44.9395)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.61 %*0.0337*19.1439
=ROA %*Equity Multiplier
=0.76 %*19.1439
=14.57 %

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:

Juniata Valley Financial's annulized ROA % for the quarter that ended in Sep. 2024 is

ROA %(Q: Sep. 2024 )
=Net Income/Total Assets
=6.548/860.3165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.548 / 28.96)*(28.96 / 860.3165)
=Net Margin %*Asset Turnover
=22.61 %*0.0337
=0.76 %

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.


Juniata Valley Financial Asset Turnover Related Terms

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


Juniata Valley Financial Business Description

Traded in Other Exchanges
N/A
Address
Bridge and Main Streets, PO Box 66, Mifflintown, PA, USA, 17059-0066
Juniata Valley Financial Corp provides financial services. The firm offers banking services such as personal checking, personal savings, online banking, mobile banking, personal loans, business loans, and other banking services. The bank generates its revenue in the form of interest income. It offers a full range of consumer and commercial banking services. Consumer banking services include online account opening; online banking; mobile banking; personal checking accounts; checking overdraft privileges; savings accounts; debit cards; certificates of deposit; individual retirement accounts, among others. Commercial banking services include low and high-volume business checking accounts; online account management services; remote deposit capability; ACH origination; payroll direct deposit.
Executives
Steven C. Sliver director 6415 MARGY DRIVE, HUNTINGDON PA 16652
Scarnati Joseph B. Iii director 978 EVERGREEN ST., BROCKWAY PA 15824
Michael W. Wolf officer: SVP/CFO 218 BRIDGE STREET, PO BOX 66, MIFFLINTOWN PA 17059
Martin L Dreibelbis director
Michael A. Buffington director 126 ELECTRIC AVENUE, LEWISTOWN PA 17044
Christina Calkins-mazur director 119 GRAND PARKWAY NORTH, LEWISTOWN PA 17044
Marcie A Barber officer: SVP Community Office Div. Mgr. 137 OAKRIDGE ROAD, LEWISTOWN PA 17044
Bradley J. Wagner director 1344 MASTERSONVILLE ROAD, MANHEIM PA 17545
Timothy I Havice director
Gary E Kelsey director PO BOX 590, COUDERSPORT PA 16915
Joann Mcminn officer: Chief Financial Officer PO BOX 66, BRIDGE & MAIN STREET, MIFFLINTOWN PA 17059
Gingerich Philip E Jr director
Douglas R Berry director 105 FOXFIRE LANE, LEWISBERRY PA 17339
A Jerome Cook director
Metz Robert K Jr director