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Southern Missouri Bancorp (Southern Missouri Bancorp) Asset Turnover : 0.01 (As of Dec. 2023)


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What is Southern Missouri 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. Southern Missouri Bancorp's Revenue for the three months ended in Dec. 2023 was $40.1 Mil. Southern Missouri Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $4,556.8 Mil. Therefore, Southern Missouri Bancorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Southern Missouri Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 10.56%. It is also linked to ROA % through Du Pont Formula. Southern Missouri Bancorp's annualized ROA % for the quarter that ended in Dec. 2023 was 1.07%.


Southern Missouri Bancorp Asset Turnover Historical Data

The historical data trend for Southern Missouri 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.

Southern Missouri Bancorp Asset Turnover Chart

Southern Missouri Bancorp Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Southern Missouri Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Southern Missouri Bancorp's Asset Turnover

For the Banks - Regional subindustry, Southern Missouri 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.


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

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

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



Southern Missouri Bancorp Asset Turnover Calculation

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

Southern Missouri Bancorp's Asset Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=152.949/( (3214.782+4360.211)/ 2 )
=152.949/3787.4965
=0.04

Southern Missouri Bancorp'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 )
=40.126/( (4470.033+4643.502)/ 2 )
=40.126/4556.7675
=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.


Southern Missouri Bancorp  (NAS:SMBC) Asset Turnover Explanation

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

Southern Missouri Bancorp's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=48.772/462.0555
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(48.772 / 160.504)*(160.504 / 4556.7675)*(4556.7675/ 462.0555)
=Net Margin %*Asset Turnover*Equity Multiplier
=30.39 %*0.0352*9.8619
=ROA %*Equity Multiplier
=1.07 %*9.8619
=10.56 %

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:

Southern Missouri Bancorp's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=48.772/4556.7675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(48.772 / 160.504)*(160.504 / 4556.7675)
=Net Margin %*Asset Turnover
=30.39 %*0.0352
=1.07 %

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.


Southern Missouri Bancorp Asset Turnover Related Terms

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


Southern Missouri Bancorp (Southern Missouri Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2991 Oak Grove Road, Poplar Bluff, MO, USA, 63901
Southern Missouri Bancorp Inc is a us-based holding company for Southern Missouri Savings Bank. The principal business of the bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, and to a lesser extent, brokered deposits, to invest in one- to four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, and consumer loans. It is engaged in providing the range of banking and financial services to individuals and corporate customers in its market areas. The company derives revenue principally from interest earned on loans, debt securities, bank card interchange fees, loan late charges and another fee income.
Executives
Stefan Chkautovich officer: Chief Financial Officer 2991 OAK GROVE RD, POPLAR BLUFF MO 639012
Dennis C Robison director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901
Matthew T Funke officer: Chief Financial Officer C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901
Daniel Lee Jones director 2991 OAK GROVE RD., POPLAR BLUFF MO 63901
Brett Dorton officer: EVP, Chief Strategies Officer C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Greg A Steffens director, officer: President C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
William E Young director 2991 OAK GROVE RD, POPLAR BLUFF MO 63901
David L Mcclain director 2991 OAK GROVE RD, POPLAR BLUFF MO 63901
Lance K Greunke officer: Executive Vice President 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Charles R Love director 1469 CO. RD. 468, POPLAR BLUFF MO 63901
Sammy A Schalk director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
Martin Weishaar officer: Chief Legal Officer SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Douglas Bagby director C/O SOUTHERN MISSOURI BANCORP INC, 531 VINE STREET, POPLAR BLUFF MO 63901-7330
Mark E Hecker officer: EVP, Chief Credit Officer 16 WEST FRANKLIN STREET, LIBERTY MO 64068
Richard Windes officer: Chief Lending Officer C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901

Southern Missouri Bancorp (Southern Missouri Bancorp) Headlines