GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Xoom Corp (NAS:XOOM) » Definitions » ROC (Joel Greenblatt) %

Xoom (XOOM) ROC (Joel Greenblatt) % : -157.57% (As of Sep. 2015)


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

What is Xoom ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Xoom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2015 was -157.57%.

The historical rank and industry rank for Xoom's ROC (Joel Greenblatt) % or its related term are showing as below:

XOOM's ROC (Joel Greenblatt) % is not ranked *
in the Credit Services industry.
Industry Median: 35.34
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Xoom's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Xoom ROC (Joel Greenblatt) % Historical Data

The historical data trend for Xoom's ROC (Joel Greenblatt) % 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.

Xoom ROC (Joel Greenblatt) % Chart

Xoom Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - -183.07 -83.72 51.33 -55.39

Xoom Quarterly Data
Dec09 Dec10 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
ROC (Joel Greenblatt) % 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 7.21 -171.66 -8.18 -33.40 -157.57

Competitive Comparison of Xoom's ROC (Joel Greenblatt) %

For the Credit Services subindustry, Xoom's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.


Xoom's ROC (Joel Greenblatt) % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Xoom's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Xoom's ROC (Joel Greenblatt) % falls into.



Xoom ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jun. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 50.251) - (17.438 + 0 + 19.815)
=12.998

Working Capital(Q: Sep. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 62.316) - (15.965 + 0 + 12.338)
=34.013

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Xoom for the quarter that ended in Sep. 2015 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2015  Q: Sep. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-62.4/( ( (15.406 + max(12.998, 0)) + (16.785 + max(34.013, 0)) )/ 2 )
=-62.4/( ( 28.404 + 50.798 )/ 2 )
=-62.4/39.601
=-157.57 %

Note: The EBIT data used here is four times the quarterly (Sep. 2015) EBIT 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.


Xoom  (NAS:XOOM) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Xoom ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Xoom's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xoom (XOOM) Business Description

Traded in Other Exchanges
N/A
Address
Xoom Corp was formed on June 15, 2001 and is backed by Sequoia Capital, New Enterprise Associates, SVB Capital and Fidelity Ventures. The company is an online consumer-to-consumer money transfer company based in San Francisco. It provides consumer remittance services in close to 30 countries. The company's customers use its website to send money to friends and families in these countries. Its offerings include bank deposit services, cash pickup service, as well as home delivery services. It also provides money transfer services to banks, money transfer companies, and retailers, banks in Asia, Europe, and Latin America, among others. It generates revenues from transaction fees charged to customers and foreign exchange spreads on transactions where the payout currency is other than U.S. dollars.
Executives
Capital Xi Sequoia 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Kevin Hartz director C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Ryno Blignaut officer: Chief Financial Officer C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Roelof Botha director, 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Xi Management Llc 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Xi Principals Fund 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Technology Partners Xi 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Murray J Demo director
C Richard Kramlich director 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Peter Thomas Killalea director C/O XOOM CORPORATION, 425 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Keith Rabois director C/O YELP! INC., 706 MISSION ST., SAN FRANCISCO CA 94103
Alison Davis director 255 FISERV DRIVE, BROOKFIELD WI 53045
Forest Baskett 10 percent owner
Ryan D Drant 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Peter J Barris 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202

Xoom (XOOM) Headlines

From GuruFocus

Xoom!

By P.I.A. P.I.A. 08-20-2013

Baron Funds Comments on Xoom Corporation

By Holly LaFon 05-12-2014

Baron Funds Comments on Xoom Corporation

By Holly LaFon Holly LaFon 02-26-2014

Baron Funds Comments on Xoom Corporation

By Holly LaFon 11-21-2013