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Callidus Software (Callidus Software) Operating Income : $-20.3 Mil (TTM As of Dec. 2017)


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What is Callidus Software Operating Income?

Callidus Software's Operating Income for the three months ended in Dec. 2017 was $-3.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2017 was $-20.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Callidus Software's Operating Income for the three months ended in Dec. 2017 was $-3.8 Mil. Callidus Software's Revenue for the three months ended in Dec. 2017 was $69.5 Mil. Therefore, Callidus Software's Operating Margin % for the quarter that ended in Dec. 2017 was -5.40%.

Callidus Software's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Callidus Software's annualized ROC % for the quarter that ended in Dec. 2017 was -3.03%. Callidus Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was -27.05%.


Callidus Software Operating Income Historical Data

The historical data trend for Callidus Software's Operating Income 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.

Callidus Software Operating Income Chart

Callidus Software Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.46 -13.02 -11.53 -17.47 -20.26

Callidus Software Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
Operating Income 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 -4.72 -6.18 -6.81 -3.52 -3.76

Callidus Software Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.3 Mil.

* 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.


Callidus Software  (NAS:CALD) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Callidus Software's annualized ROC % for the quarter that ended in Dec. 2017 is calculated as:

ROC % (Q: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2017 ) + Invested Capital (Q: Dec. 2017 ))/ count )
=-15.02 * ( 1 - 36.09% )/( (282.408 + 350.583)/ 2 )
=-9.599282/316.4955
=-3.03 %

where

Invested Capital(Q: Sep. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=408.225 - 29.961 - ( 176.416 - max(0, 154.313 - 250.169+176.416))
=282.408

Invested Capital(Q: Dec. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=447.447 - 30.163 - ( 150.499 - max(0, 184.555 - 251.256+150.499))
=350.583

Note: The Operating Income data used here is four times the quarterly (Dec. 2017) data.

2. Joel Greenblatt's definition of Return on Capital:

Callidus Software's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2017 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2017  Q: Dec. 2017
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.744/( ( (44.551 + max(-80.56, 0)) + (57.058 + max(-83.798, 0)) )/ 2 )
=-13.744/( ( 44.551 + 57.058 )/ 2 )
=-13.744/50.8045
=-27.05 %

where Working Capital is:

Working Capital(Q: Sep. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.653 + 0 + 22.1) - (29.961 + 110.429 + 13.923)
=-80.56

Working Capital(Q: Dec. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.75 + 0 + 24.007) - (30.163 + 133.313 + 21.079)
=-83.798

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Callidus Software's Operating Margin % for the quarter that ended in Dec. 2017 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2017 )/Revenue (Q: Dec. 2017 )
=-3.755/69.511
=-5.40 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Callidus Software Operating Income Related Terms

Thank you for viewing the detailed overview of Callidus Software's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Callidus Software (Callidus Software) Business Description

Traded in Other Exchanges
N/A
Address
Callidus Software Inc provides cloud-based sales, marketing, learning, and customer-experience products. The firm's services enable its customers to identify leads, train personnel, automate pricing, and streamline sales compensation. The company has clients in a variety of industries, but focuses on telecommunications, insurance, banking, and technology. CallidusCloud products are sold on a subscription basis, typically through annual and multiyear contracts. A large majority of the firm's revenue is generated in the United States and Canada, but Callidus has a sizable presence in Asia-Pacific and Europe.
Executives
Roxanne Oulman officer: EVP, Chief Financial Officer 4140 DUBLIN BOULEVARD, SUITE 400, DUBLIN CA 94568
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Leslie Stretch director, officer: President and CEO 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Charles Boesenberg director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Mark Culhane director 6200 STONERIDGE MALL ROAD, SUITE 500, PLEASANTON CA 94588
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jimmy C. Duan officer: EVP, Chief Technology Officer 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Murray D Rode director 3303 HILLVIEW AVE, PALO ALTO CA 94304
Michele Vion Choka other: Former Director 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Bob L Corey officer: Former EVP, CFO 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Ronald J Fior officer: SVP, Finance & Ops; CFO C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
Brian E Cabrera officer: SVP and Gen. Counsel CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

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