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Bank OZK (Bank OZK) Asset Turnover : 0.01 (As of Dec. 2023)


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What is Bank OZK Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Bank OZK's Revenue for the three months ended in Dec. 2023 was $415 Mil. Bank OZK's Total Assets for the quarter that ended in Dec. 2023 was $33,502 Mil. Therefore, Bank OZK's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Bank OZK's annualized ROE % for the quarter that ended in Dec. 2023 was 13.95%. It is also linked to ROA % through Du Pont Formula. Bank OZK's annualized ROA % for the quarter that ended in Dec. 2023 was 2.09%.


Bank OZK Asset Turnover Historical Data

The historical data trend for Bank OZK'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.

Bank OZK Asset Turnover Chart

Bank OZK 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 0.05 0.05

Bank OZK Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Bank OZK's Asset Turnover

For the Banks - Regional subindustry, Bank OZK'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.


Bank OZK's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Bank OZK's Asset Turnover falls into.



Bank OZK Asset Turnover Calculation

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

Bank OZK'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 )
=1562.034/( (27656.568+34237.457)/ 2 )
=1562.034/30947.0125
=0.05

Bank OZK'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 )
=415.413/( (32767.328+34237.457)/ 2 )
=415.413/33502.3925
=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.


Bank OZK  (NAS:OZK) Asset Turnover Explanation

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

Bank OZK's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=700.5/5021.2525
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(700.5 / 1661.652)*(1661.652 / 33502.3925)*(33502.3925/ 5021.2525)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.16 %*0.0496*6.6721
=ROA %*Equity Multiplier
=2.09 %*6.6721
=13.95 %

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:

Bank OZK's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=700.5/33502.3925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(700.5 / 1661.652)*(1661.652 / 33502.3925)
=Net Margin %*Asset Turnover
=42.16 %*0.0496
=2.09 %

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.


Bank OZK Asset Turnover Related Terms

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


Bank OZK (Bank OZK) Business Description

Traded in Other Exchanges
Address
18000 Cantrell Road, Little Rock, AR, USA, 72223
Bank OZK is a bank holding company that owns and operates a community bank, Bank of the Ozarks. The bank operates offices primarily in the southeastern United States, as well as Texas, New York, and California. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Bank of the Ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities on real estate loans, which account for the great majority of the bank's loans and leases. The bank's real estate lending arm, which finances many metropolitan construction and development projects, extends further than many of its community banking competitors.
Executives
Kathleen M Franklin director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Bradly Rebel officer: Chief Audit Executive 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Dennis R James officer: EVP/Director of M & A 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Mullen Walter J Iii director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Timothy D Hicks officer: EVP Corporate Finance 17901 CHENAL PARKWAY, LITTLE ROCK AR 72227
John Crawford Carter officer: Director Community Bank Lend 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Edward J Wydock officer: Chief Risk Officer SUSQUEHANNA BANCSHARES, INC., 26 N CEDAR ST, LITITZ PA 17543
William A Koefoed director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Jennifer R Junker officer: Dir of Trust and Wealth Mgmt 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Matthew Reddin officer: Dir of Comm Bank Lending 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Ross M Whipple director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Catherine B Freedberg director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Peter C Kenny director 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223
Dan Thomas officer: Chief Lending Officer 17901 CHENAL PARKWAY, LITTLE ROCK AR 72223