Pacific Hospital Supply Co (ROCO:4126) ROCE % : 11.51% (As of Dec. 2023)

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What is Pacific Hospital Supply Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Pacific Hospital Supply Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.51%.

Pacific Hospital Supply Co ROCE % Historical Data

The historical data trend for Pacific Hospital Supply Co's ROCE % 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.

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Pacific Hospital Supply Co ROCE % Chart

Pacific Hospital Supply Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.03

12.64

13.05

12.91

16.61

Pacific Hospital Supply Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															16.77	17.99	17.56	20.03	11.51

Pacific Hospital Supply Co ROCE % Calculation

Pacific Hospital Supply Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	531.223	/	( ( (3645.732 - 502.842)	+	(3767.894 - 514.802) )	/ 2 )
	=	531.223	/	( (3142.89	+	3253.092)	/ 2 )
	=	531.223	/	3197.991
	=	16.61 %

Pacific Hospital Supply Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	370.3	/	( ( (3632.162 - 450.431)	+	(3767.894 - 514.802) )	/ 2 )
	=	370.3	/	( ( 3181.731	+	3253.092 )	/ 2 )
	=	370.3	/	3217.4115
	=	11.51 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Pacific Hospital Supply Co (ROCO:4126) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Pacific Hospital Supply Co ROCE % Related Terms

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Pacific Hospital Supply Co (ROCO:4126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Pacific Hospital Supply Co Ltd (ROCO:4126) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

No. 8, Tongke 2nd Road, Hsinchu Science Park, Tongluo Township, Miaoli, TWN

Website

https://www.pahsco.com.tw

Pacific Hospital Supply Co Ltd manufactures processes and sells medical disposable products, equipment and does medical engineering work on centralized medical gas piping systems. Its products are divided into the central medical piping system, operation theatre, Oxygen/ Suction therapy equipment, and disposable medical supply products.

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