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Alliance Bancorp Of Pennsylvania (Alliance Bancorp Of Pennsylvania) Asset Turnover : 0.01 (As of Jun. 2015)


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What is Alliance Bancorp Of Pennsylvania Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Alliance Bancorp Of Pennsylvania's Revenue for the three months ended in Jun. 2015 was $3.81 Mil. Alliance Bancorp Of Pennsylvania's Total Assets for the quarter that ended in Jun. 2015 was $419.51 Mil. Therefore, Alliance Bancorp Of Pennsylvania's Asset Turnover for the quarter that ended in Jun. 2015 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Alliance Bancorp Of Pennsylvania's annualized ROE % for the quarter that ended in Jun. 2015 was 0.32%. It is also linked to ROA % through Du Pont Formula. Alliance Bancorp Of Pennsylvania's annualized ROA % for the quarter that ended in Jun. 2015 was 0.05%.


Alliance Bancorp Of Pennsylvania Asset Turnover Historical Data

The historical data trend for Alliance Bancorp Of Pennsylvania'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.

Alliance Bancorp Of Pennsylvania Asset Turnover Chart

Alliance Bancorp Of Pennsylvania Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.04 0.03 0.04

Alliance Bancorp Of Pennsylvania Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 Alliance Bancorp Of Pennsylvania's Asset Turnover

For the Banks - Regional subindustry, Alliance Bancorp Of Pennsylvania'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.


Alliance Bancorp Of Pennsylvania's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Alliance Bancorp Of Pennsylvania's Asset Turnover falls into.



Alliance Bancorp Of Pennsylvania Asset Turnover Calculation

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

Alliance Bancorp Of Pennsylvania's Asset Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=15.423/( (425.502+420.829)/ 2 )
=15.423/423.1655
=0.04

Alliance Bancorp Of Pennsylvania's Asset Turnover for the quarter that ended in Jun. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Jun. 2015 ))/ count )
=3.807/( (423.73+415.293)/ 2 )
=3.807/419.5115
=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.


Alliance Bancorp Of Pennsylvania  (NAS:ALLB) Asset Turnover Explanation

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

Alliance Bancorp Of Pennsylvania's annulized ROE % for the quarter that ended in Jun. 2015 is

ROE %**(Q: Jun. 2015 )
=Net Income/Total Stockholders Equity
=0.212/66.689
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.212 / 15.228)*(15.228 / 419.5115)*(419.5115/ 66.689)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.39 %*0.0363*6.2906
=ROA %*Equity Multiplier
=0.05 %*6.2906
=0.32 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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:

Alliance Bancorp Of Pennsylvania's annulized ROA % for the quarter that ended in Jun. 2015 is

ROA %(Q: Jun. 2015 )
=Net Income/Total Assets
=0.212/419.5115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.212 / 15.228)*(15.228 / 419.5115)
=Net Margin %*Asset Turnover
=1.39 %*0.0363
=0.05 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) net income data. The Revenue data used here is four times the quarterly (Jun. 2015) 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.


Alliance Bancorp Of Pennsylvania Asset Turnover Related Terms

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Alliance Bancorp Of Pennsylvania (Alliance Bancorp Of Pennsylvania) Business Description

Traded in Other Exchanges
N/A
Address
Alliance Bancorp Inc Of Pennsylvania is a Pennsylvania corporation and a savings and loan holding company, which is a Pennsylvania chartered community oriented savings bank. Alliance Bank operates a total of eight banking offices located in Delaware and Chester Counties, Pennsylvania, which are suburbs of Philadelphia. Its primary business consists of attracting deposits from the general public and using those funds, together with funds it borrows, to originate loans to its customers and invest in securities such as U.S. Government and agency securities, mortgage-backed securities and municipal obligations. Its loan originations are obtained by a variety of sources, including referrals from real estate brokers, builders, existing customers, advertising, walk-in customers and, to a significant extent, mortgage brokers who obtain credit reports, appraisals and other documentation involved with a loan. In most cases, property valuations are performed by independent outside appraisers. Title and hazard insurance are generally required on all security property other than property securing a home equity loan, in which case the Company obtains a title opinion. The majority of the Company's loans are secured by property located in its primary lending area. The Company originates and, to a lesser extent, purchases mortgage loans for the acquisition and refinancing of existing multi-family residential and commercial real estate properties. The Company also originates residential and commercial construction loans, and to a limited degree, land acquisition and development loans. Construction loans are classified as either residential construction loans or commercial real estate construction loans at the time of origination, depending on the nature of the property securing the loan. The Company's construction lending activities generally are limited to the Company's primary market area. The Company's residential construction loans are primarily made to local real estate builders and developers for the purpose of constructing single-family homes and single-family residential developments. The Company offers consumer loans in order to provide a full range of financial services to its customers and because such loans generally have shorter terms and higher interest rates than mortgage loans. The Company has a commercial loan department, which provides a full range of commercial loan products to small business customers in its primary marketing area. These loans generally have shorter terms and higher interest rates as compared to mortgage loans. In addition to interest earned on loans, the Company receives income from fees in connection with loan originations, loan modifications, late payments, prepayments and for miscellaneous services related to its loans. The Company faces competition both in attracting deposits and making real estate loans. The Company is subject to supervision and regulation by the Board of Governors of the Federal R

Alliance Bancorp Of Pennsylvania (Alliance Bancorp Of Pennsylvania) Headlines