Sendas Distribuidora (Sendas Distribuidora) ROCE % : 11.72% (As of Mar. 2024)

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What is Sendas Distribuidora 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. Sendas Distribuidora's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.72%.

Sendas Distribuidora ROCE % Historical Data

The historical data trend for Sendas Distribuidora'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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Sendas Distribuidora ROCE % Chart

Sendas Distribuidora Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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13.42

12.34

21.27

14.66

12.86

Sendas Distribuidora Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															9.82	13.69	15.68	16.04	11.72

Sendas Distribuidora ROCE % Calculation

Sendas Distribuidora'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 )
	=	647.577	/	( ( (7743.547 - 3129.599)	+	(8811.992 - 3352.178) )	/ 2 )
	=	647.577	/	( (4613.948	+	5459.814)	/ 2 )
	=	647.577	/	5036.881
	=	12.86 %

Sendas Distribuidora's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	606.452	/	( ( (8811.992 - 3352.178)	+	(8376.039 - 3486.285) )	/ 2 )
	=	606.452	/	( ( 5459.814	+	4889.754 )	/ 2 )
	=	606.452	/	5174.784
	=	11.72 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Sendas Distribuidora (NYSE:ASAI) 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.

Sendas Distribuidora ROCE % Related Terms

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Sendas Distribuidora (Sendas Distribuidora) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Sendas Distribuidora SA (NYSE:ASAI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ASAI:Mexico ASAI3:Brazil

Address

Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A, Jacarepagua, Rio De Janeiro, RJ, BRA, 22775-005

Website

https://www.assai.com.br

Sendas Distribuidora SA is involved in the consumer goods business. Its cash and carry operations involve sales of more than 8,000 items of grocery, food, perishable, beverage, wrapping, hygiene, and cleaning products, among others. Its customers include prepared food retailers (including restaurants, pizzerias, and snack bars), end-users (including schools, small businesses, religious institutions, hospitals, and hotels), conventional retailers (such as grocery stores and neighborhood supermarkets), and individuals. Its stores are located throughout 23 Brazilian states.

Sendas Distribuidora (Sendas Distribuidora) Headlines

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