Yakuodo Holdings Co (TSE:7679) ROCE % : 13.53% (As of Nov. 2023)

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What is Yakuodo Holdings 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. Yakuodo Holdings Co's annualized ROCE % for the quarter that ended in Nov. 2023 was 13.53%.

Yakuodo Holdings Co ROCE % Historical Data

The historical data trend for Yakuodo Holdings 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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Yakuodo Holdings Co ROCE % Chart

Yakuodo Holdings Co Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

ROCE %

15.25

13.83

9.99

11.04

Yakuodo Holdings Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial												12.04	3.83	13.06	17.19	13.53

Yakuodo Holdings Co ROCE % Calculation

Yakuodo Holdings Co's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	4760	/	( ( (62297 - 20490)	+	(67709 - 23247) )	/ 2 )
	=	4760	/	( (41807	+	44462)	/ 2 )
	=	4760	/	43134.5
	=	11.04 %

Yakuodo Holdings Co's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	6184	/	( ( (71634 - 26265)	+	(71874 - 25816) )	/ 2 )
	=	6184	/	( ( 45369	+	46058 )	/ 2 )
	=	6184	/	45713.5
	=	13.53 %

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

Yakuodo Holdings Co (TSE:7679) 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.

Yakuodo Holdings Co ROCE % Related Terms

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Yakuodo Holdings Co (TSE:7679) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yakuodo Holdings Co Ltd (TSE:7679) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hiromiyazawa third Chiwari address 426, Iwate Prefecture, Shiwa District Yahaba Oaza, Shiwa, JPN, 28-3621

Website

https://www.yakuodo.co.jp

Yakuodo Holdings Co Ltd is a Japanese based company engaged in the drugstore chain and dispensing pharmacy management activities.

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