GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wilson Bank Holding Co (OTCPK:WBHC) » Definitions » Asset Turnover

Wilson Bank Holding Co (Wilson Bank Holding Co) Asset Turnover : 0.01 (As of Mar. 2024)


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

What is Wilson Bank Holding Co Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Wilson Bank Holding Co's Revenue for the three months ended in Mar. 2024 was $43.0 Mil. Wilson Bank Holding Co's Total Assets for the quarter that ended in Mar. 2024 was $4,893.4 Mil. Therefore, Wilson Bank Holding Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Wilson Bank Holding Co's annualized ROE % for the quarter that ended in Mar. 2024 was 11.81%. It is also linked to ROA % through Du Pont Formula. Wilson Bank Holding Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.04%.


Wilson Bank Holding Co Asset Turnover Historical Data

The historical data trend for Wilson Bank Holding Co'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.

Wilson Bank Holding Co Asset Turnover Chart

Wilson Bank Holding Co 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 0.05 0.04 0.04 0.04 0.04

Wilson Bank Holding Co 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 Wilson Bank Holding Co's Asset Turnover

For the Banks - Regional subindustry, Wilson Bank Holding Co'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.


Wilson Bank Holding Co's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Wilson Bank Holding Co's Asset Turnover falls into.



Wilson Bank Holding Co Asset Turnover Calculation

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

Wilson Bank Holding Co'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 )
=167.248/( (4285.65+4846.476)/ 2 )
=167.248/4566.063
=0.04

Wilson Bank Holding Co's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=42.98/( (4846.476+4940.287)/ 2 )
=42.98/4893.3815
=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.


Wilson Bank Holding Co  (OTCPK:WBHC) Asset Turnover Explanation

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

Wilson Bank Holding Co's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=51.072/432.3875
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(51.072 / 171.92)*(171.92 / 4893.3815)*(4893.3815/ 432.3875)
=Net Margin %*Asset Turnover*Equity Multiplier
=29.71 %*0.0351*11.3171
=ROA %*Equity Multiplier
=1.04 %*11.3171
=11.81 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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:

Wilson Bank Holding Co's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=51.072/4893.3815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(51.072 / 171.92)*(171.92 / 4893.3815)
=Net Margin %*Asset Turnover
=29.71 %*0.0351
=1.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Wilson Bank Holding Co Asset Turnover Related Terms

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


Wilson Bank Holding Co (Wilson Bank Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
623 West Main Street, Lebanon, TN, USA, 37087
Wilson Bank Holding Co is a Tennessee-based bank holding company. Its banking operations are conducted mainly through its bank subsidiary which includes a range of banking services, including checking, savings, and money market deposit accounts, certificates of deposit and loans for consumer, commercial and real estate purposes and also offers custodial, trust and discount brokerage services to its customers. The company operates primarily in Wilson, DeKalb, Smith, Rutherford, Putnam, and Sumner counties and the surrounding counties. It earns its revenue from interest and deposits income.
Executives
Deborah Varallo director 623 WEST MAIN ST., LEBANON TN 37087
Michael G. Maynard director 623 WEST MAIN ST., LEBANON TN 37087
Clinton M. Swain director 623 WEST MAIN ST., LEBANON TN 37087
Robert H Goodall director 623 WEST MAIN ST., LEBANON TN 37087
Andrew Jakes officer: SRVP 623 WEST MAIN ST., LEBANON TN 37087
James F Comer director P O BOX 768, LEBANON TN 37087
Barry Buckley officer: SrVP 623 WEST MAIN ST, PO 768, LEBNAON TN 37087
James Anthony Patton director P O BOX 768, LEBANON TN 37088
Amelia Vance officer: SENIOR VICE PRESIDENT 623 WEST MAIN STREET, LEBANON TN 37087
Will Jordan director PO 768, LEBANON TN 37087
John Foster` officer: Srvp 623 WEST MAIN STREET, PO 768, LEBANON TN 37087
Mac Griffin officer: srvp 623 WEST MAIN STREET, LEBANON TN 37087
Scott Jasper officer: Srvp 623 WEST MAIN STREET, LEBANON TN 37087
Clark Oakley officer: srvp 623 WEST MAIN ST, LEBANON TN 37087
Paula Evans officer: svp PO 768, 623 WEST MAIN ST, LEBANON TN 37087

Wilson Bank Holding Co (Wilson Bank Holding Co) Headlines

No Headlines