Wireless Xcessories Group (Wireless Xcessories Group) ROCE % : 7.58% (As of Dec. 2007)

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What is Wireless Xcessories Group 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. Wireless Xcessories Group's annualized ROCE % for the quarter that ended in Dec. 2007 was 7.58%.

Wireless Xcessories Group ROCE % Historical Data

The historical data trend for Wireless Xcessories Group'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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Wireless Xcessories Group ROCE % Chart

Wireless Xcessories Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

ROCE %

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-4.95

24.50

41.90

16.31

12.41

Wireless Xcessories Group Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07
ROCE %	Get a 7-Day Free Trial															7.92	22.29	16.27	3.07	7.58

Wireless Xcessories Group ROCE % Calculation

Wireless Xcessories Group's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	0.907	/	( ( (8.029 - 0.955)	+	(8.478 - 0.931) )	/ 2 )
	=	0.907	/	( (7.074	+	7.547)	/ 2 )
	=	0.907	/	7.3105
	=	12.41 %

Wireless Xcessories Group's ROCE % of for the quarter that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2007 )		(Q: Sep. 2007 )		(Q: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2007 )		(Q: Sep. 2007 )		(Q: Dec. 2007 )
	=	0.572	/	( ( (8.41 - 0.862)	+	(8.478 - 0.931) )	/ 2 )
	=	0.572	/	( ( 7.548	+	7.547 )	/ 2 )
	=	0.572	/	7.5475
	=	7.58 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2007) EBIT data.

Wireless Xcessories Group (OTCPK:WIRX) 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.

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Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wireless Xcessories Group Inc (OTCPK:WIRX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006

Website

http://www.wirexgroup.com

Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.

Executives

Brazdley T Macdonald

director

3316 SERENITY WAY, OWINGS MILLS MD 21117

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