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Pulaski Financial (Pulaski Financial) Asset Turnover : 0.01 (As of Dec. 2015)


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What is Pulaski Financial Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Pulaski Financial's Revenue for the three months ended in Dec. 2015 was $15.32 Mil. Pulaski Financial's Total Assets for the quarter that ended in Dec. 2015 was $1,583.72 Mil. Therefore, Pulaski Financial's Asset Turnover for the quarter that ended in Dec. 2015 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Pulaski Financial's annualized ROE % for the quarter that ended in Dec. 2015 was 10.28%. It is also linked to ROA % through Du Pont Formula. Pulaski Financial's annualized ROA % for the quarter that ended in Dec. 2015 was 0.80%.


Pulaski Financial Asset Turnover Historical Data

The historical data trend for Pulaski Financial'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.

Pulaski Financial Asset Turnover Chart

Pulaski Financial Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.05 0.04 0.04

Pulaski Financial Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 Pulaski Financial's Asset Turnover

For the Banks - Regional subindustry, Pulaski Financial'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.


Pulaski Financial's Asset Turnover Distribution in the Banks Industry

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

* The bar in red indicates where Pulaski Financial's Asset Turnover falls into.



Pulaski Financial Asset Turnover Calculation

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

Pulaski Financial's Asset Turnover for the fiscal year that ended in Sep. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Sep. 2015 )/( (Total Assets (A: Sep. 2014 )+Total Assets (A: Sep. 2015 ))/ count )
=62.321/( (1380.097+1521.694)/ 2 )
=62.321/1450.8955
=0.04

Pulaski Financial's Asset Turnover for the quarter that ended in Dec. 2015 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=15.317/( (1521.694+1645.736)/ 2 )
=15.317/1583.715
=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.


Pulaski Financial  (NAS:PULB) Asset Turnover Explanation

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

Pulaski Financial's annulized ROE % for the quarter that ended in Dec. 2015 is

ROE %**(Q: Dec. 2015 )
=Net Income/Total Stockholders Equity
=12.624/122.75
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12.624 / 61.268)*(61.268 / 1583.715)*(1583.715/ 122.75)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.6 %*0.0387*12.902
=ROA %*Equity Multiplier
=0.80 %*12.902
=10.28 %

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

Pulaski Financial's annulized ROA % for the quarter that ended in Dec. 2015 is

ROA %(Q: Dec. 2015 )
=Net Income/Total Assets
=12.624/1583.715
=(Net Income / Revenue)*(Revenue / Total Assets)
=(12.624 / 61.268)*(61.268 / 1583.715)
=Net Margin %*Asset Turnover
=20.6 %*0.0387
=0.80 %

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


Pulaski Financial Asset Turnover Related Terms

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


Pulaski Financial (Pulaski Financial) Business Description

Traded in Other Exchanges
N/A
Address
Pulaski Financial Corp was founded in 1922. The Company is a holding company for Pulaski Bank that provides financial products and services for businesses and retail customers through its thirteen full-service offices in the St. Louis metropolitan area and residential mortgage loan production offices in the St. Louis, Kansas City, Chicago and Omaha-Council-Bluffs metropolitan areas, mid-Missouri, southwestern Missouri, eastern Kansas, and Lincoln, Nebraska. Pulaski Bank is engaged in attracting deposits from individuals and businesses and using these deposits, together with borrowed funds, to originate and retain commercial real estate and commercial and industrial loans within its St. Louis lending market and one-to-four-family residential mortgage loans within its St. Louis, Kansas City and Omaha-Council Bluffs lending markets. In addition, the Bank originates one- to four-family residential mortgage loans for sale in the secondary market in the other markets. The Company competes for loans from other financial institutions, mortgage banking companies and mortgage brokers.
Executives
Stanley J Bradshaw director 900 ROOSEVELT PARKWAY, CHESTERFIELD MO 63017
Lee S Wielansky director PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Leon A Felman director 25 WEST BRENTMOOR PARK, CLAYTON MO 63105
Ramsey K Hamadi officer: Chief Financial Officer C/O AMERICAN NATIONAL BANK & TRUST CO., 628 MAIN STREET, DANVILLE VA 24541
Christopher K Reichert director, officer: Executive Vice President C/O PULASKI FINANCIAL CORP, 12300 OLIVE BLVD, ST LOUIS MO 63141

Pulaski Financial (Pulaski Financial) Headlines

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