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Alteryx (Alteryx) ROC (Joel Greenblatt) % : 345.95% (As of Dec. 2023)


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What is Alteryx 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. Alteryx's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 345.95%.

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

AYX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -795.7   Med: -108.62   Max: 245.21
Current: -109.82

During the past 10 years, Alteryx's highest ROC (Joel Greenblatt) % was 245.21%. The lowest was -795.70%. And the median was -108.62%.

AYX's ROC (Joel Greenblatt) % is ranked worse than
74.01% of 2763 companies
in the Software industry
Industry Median: 13.17 vs AYX: -109.82

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


Alteryx ROC (Joel Greenblatt) % Historical Data

The historical data trend for Alteryx'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.

Alteryx ROC (Joel Greenblatt) % Chart

Alteryx Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.18 11.39 -92.72 -207.52 -108.62

Alteryx Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only -83.06 -271.11 -360.98 -129.15 345.95

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

For the Software - Application subindustry, Alteryx'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.


Alteryx's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Alteryx's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Alteryx 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(130 + 0 + 83) - (120 + 179 + 0)
=-86

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(296 + 0 + 102) - (167 + 252 + 0)
=-21

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Alteryx for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=384/( ( (110 + max(-86, 0)) + (112 + max(-21, 0)) )/ 2 )
=384/( ( 110 + 112 )/ 2 )
=384/111
=345.95 %

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


Alteryx  (NYSE:AYX) 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.


Alteryx ROC (Joel Greenblatt) % Related Terms

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


Alteryx (Alteryx) Business Description

Industry
Traded in Other Exchanges
Address
17200 Laguna Canyon Road, Irvine, CA, USA, 92618
Alteryx Inc is a software company that provides self-service data analytics software. Alteryx delivers easy end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes, enabling enterprises everywhere to democratize data analytics across their organizations for a broad range of use cases. The company generates its revenue from the sale of a subscription-based software platform.
Executives
Chris Natali officer: Chief Accounting Officer 3345 MICHELSON DRIVE, SUITE 400, IRVINE CA 92612
Eileen Schloss director C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Paula Hansen officer: President and CRO QUALTRICS INTERNATIONAL INC., 333 WEST RIVER PARK DRIVE, PROVO UT 84604
Suresh Vittal officer: Chief Product Officer 3345 MICHELSON DRIVE, SUITE 400, IRVINE CA 92612
Dean Stoecker director, 10 percent owner, officer: Chairman of the Board & CEO C/O ALTERYX, INC., 3345 MICHELSON DRIVE, SUITE 400, IRVINE CA 92612
Alteryx, Inc. director, 10 percent owner 17200 LAGUNA CANYON ROAD, IRVINE CA 92618
Timothy I Maudlin director 18739 VOGEL FARM TRAIL, EDEN PRAIRIE MN 55347
Daniel J Warmenhoven director 495 EAST JAVA DRIVE, SUNNYVALE CA 94089
Cecelia Morken director 26025 MUREAU ROAD, CALABASAS CA 91302
Christopher M Lal officer: SVP, GC & Corp. Secretary 903 CALLE AMANECER, SUITE 100, SAN CLEMENTE CA 92673
Jeff Horing director INSIGHT PARTNERS, 680 5TH AVENUE 8TH FLOOR, NEW YORK NY 10019
Anjali Joshi director
Kevin Rubin officer: Chief Financial Officer
Scott Davidson officer: Chief Operating Officer 5470 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Derek Knudsen officer: Chief Technology Officer C/O ALTERYX, INC., 3345 MICHELSON DRIVE, SUITE 400, IRVINE CA 92612