GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Southwest Bancorp Inc (NAS:OKSBP.PFD) » Definitions » Asset Turnover

OKSBP.PFD (Southwest Bancorp) Asset Turnover : 0.01 (As of Jun. 2017)


View and export this data going back to . Start your Free Trial

What is Southwest 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. Southwest Bancorp's Revenue for the three months ended in Jun. 2017 was $25.89 Mil. Southwest Bancorp's Total Assets for the quarter that ended in Jun. 2017 was $2,547.76 Mil. Therefore, Southwest Bancorp's Asset Turnover for the quarter that ended in Jun. 2017 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Southwest Bancorp's annualized ROE % for the quarter that ended in Jun. 2017 was 7.94%. It is also linked to ROA % through Du Pont Formula. Southwest Bancorp's annualized ROA % for the quarter that ended in Jun. 2017 was 0.91%.


Southwest Bancorp Asset Turnover Historical Data

The historical data trend for Southwest 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.

Southwest Bancorp Asset Turnover Chart

Southwest Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Southwest Bancorp Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 Southwest Bancorp's Asset Turnover

For the Banks - Regional subindustry, Southwest 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.


Southwest Bancorp's Asset Turnover Distribution in the Banks Industry

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

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


;
;

Southwest Bancorp Asset Turnover Calculation

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

Southwest Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=95.528/( (2357.022+2475.392)/ 2 )
=95.528/2416.207
=0.04

Southwest Bancorp's Asset Turnover for the quarter that ended in Jun. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=25.891/( (2522.594+2572.935)/ 2 )
=25.891/2547.7645
=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.


Southwest Bancorp  (NAS:OKSBP.PFD) Asset Turnover Explanation

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

Southwest Bancorp's annulized ROE % for the quarter that ended in Jun. 2017 is

ROE %**(Q: Jun. 2017 )
=Net Income/Total Stockholders Equity
=23.272/293.23
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(23.272 / 103.564)*(103.564 / 2547.7645)*(2547.7645/ 293.23)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.47 %*0.0406*8.6886
=ROA %*Equity Multiplier
=0.91 %*8.6886
=7.94 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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:

Southwest Bancorp's annulized ROA % for the quarter that ended in Jun. 2017 is

ROA %(Q: Jun. 2017 )
=Net Income/Total Assets
=23.272/2547.7645
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23.272 / 103.564)*(103.564 / 2547.7645)
=Net Margin %*Asset Turnover
=22.47 %*0.0406
=0.91 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


Southwest Bancorp Asset Turnover Related Terms

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


Southwest Bancorp Business Description

Traded in Other Exchanges
N/A
Address
Southwest Bancorp Inc operates in the financial domain of the United States. The Company focuses on providing a range of commercial and consumer banking services, including commercial and consumer lending, deposit and investment services, specialized cash management, and other financial services and products. A holding company of Bank SNB, it places its services within four segments, namely, Oklahoma Banking, Texas Banking, Kansas Banking and Other Operations, with the Oklahoma division accounting for the major share of revenues. The Other Operations segment includes funds management and corporate investments.
Executives
Shrum Kayse M Do director 15469 S. 353RD EAST AVENUE, COWETA OK 74429
Steven C Davis director 4574 WEST TRIPLETT ROAD, GUTHRIE OK 73044
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
John Thomas Danielson officer: EVP and CBO 1041 PHANTOM RIDER TRAIL, SPRING BRANCH TX 78070
Gregg S Jaynes officer: EVP, Chief HR Officer 13254 S. 114TH EAST AVE, BROKEN ARROW OK 74011
Brent Aaron Bates officer: EVP and Chief Credit Officer 603 INVERNESS COURT, NORMAN OK 73072
Priscilla J Barnes officer: SEVP and COO RR3 BOX 63A, HENNESSEY OK 73742
Mark W Funke officer: President and CEO C/O FREDERIC DORWART, 124 E FOURTH STREET, TULSA OK 74103
Shockley Joe T Jr officer: EVP and CFO 101 N BROADWAY, OKLAHOMA CITY OK 73102
Rusty Neal Laforge officer: EVP, General Counsel 3324 QUAIL CREEK ROAD, OKLAHOMA CITY OK 73120
Crockett David S Jr director 11609 VALLEYDALE, DALLAS TX 75230
James M Johnson director 672 TRAILWOOD LANE, MARIETTA GA 30064
John Cohlmia director 12804 FOX FOREST CIRCLE, OKLAHOMA CITY OK 73142
Larry J Lanie director 419 BENTLEY MANOR, SAN ANTONIO TX 78249
Thomas D Berry director 2302 W 8TH, STILLWATER OK 74074

Southwest Bancorp Headlines

From GuruFocus

Southwest Bancorp Inc. (OKSB) CEO Rick Green buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 11-03-2010

Southwest Bancorp Inc. (OKSB) CEO Rick Green buys 10,000 Shares

By GuruFocus Research GuruFocus Editor 05-03-2010

Weekly CFO Buys Highlight

By Guru GK Guru GK 05-06-2013

Southwest Bancorp Inc. (OKSB) CEO Rick Green buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 12-14-2010

Southwest Bancorp Inc. (OKSB) CEO Rick Green buys 1,000 Shares

By GuruFocus Research GuruFocus Editor 11-23-2010