Church & Dwight Co (XSWX:CHD) ROCE %

: 11.88% (As of Dec. 2023)

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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. Church & Dwight Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.88%.

Church & Dwight Co ROCE % Historical Data

The historical data trend for Church & Dwight 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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Church & Dwight Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

16.37

16.99

18.51

9.42

14.51

Church & Dwight Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																-10.84	16.59	16.15	14.02	11.88

Church & Dwight Co ROCE % Calculation

Church & Dwight Co'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 )
	=	932.514	/	( ( (7774.761 - 1102.828)	+	(7410.644 - 1229.746) )	/ 2 )
	=	932.514	/	( (6671.933	+	6180.898)	/ 2 )
	=	932.514	/	6426.4155
	=	14.51 %

Church & Dwight Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	768.636	/	( ( (7828.499 - 1069.085)	+	(7410.644 - 1229.746) )	/ 2 )
	=	768.636	/	( ( 6759.414	+	6180.898 )	/ 2 )
	=	768.636	/	6470.156
	=	11.88 %

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

Church & Dwight Co (XSWX:CHD) 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.

Church & Dwight Co ROCE % Related Terms

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Church & Dwight Co (XSWX:CHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Church & Dwight Co Inc (XSWX:CHD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CHD:USA CHD:Mexico CXU:Germany

Address

500 Charles Ewing Boulevard, Ewing, NJ, USA, 08628

Website

https://www.churchdwight.com

Church & Dwight is the leading global producer of baking soda. Beyond baking soda, the products in its portfolio have vast category reach, including laundry products, cat litter, oral care, deodorant, and nasal care, all sold under the Arm & Hammer brand. Its mix also includes Xtra, Trojan, OxiClean, First Response, Nair, L'il Critters/Vitafusion, Orajel, and WaterPik, which together with Arm & Hammer constitute more than 80% of its annual sales and profits. In early 2019, the firm announced the addition of Flawless, which manufactures electric shaving products for women. At the end of 2020, the firm acquired Zicam, a leading brand in the cough/cold-shortening category. Church & Dwight derives more than 80% of its sales from its home market in the U.S.