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Aristocrat Group (Aristocrat Group) Operating Income : $-1.33 Mil (TTM As of Apr. 2016)


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What is Aristocrat Group Operating Income?

Aristocrat Group's Operating Income for the three months ended in Apr. 2016 was $-0.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2016 was $-1.33 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Aristocrat Group's Operating Income for the three months ended in Apr. 2016 was $-0.19 Mil. Aristocrat Group's Revenue for the three months ended in Apr. 2016 was $0.03 Mil. Therefore, Aristocrat Group's Operating Margin % for the quarter that ended in Apr. 2016 was -655.17%.

Aristocrat Group'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. Aristocrat Group's annualized ROC % for the quarter that ended in Apr. 2016 was -80.55%. Aristocrat Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2016 was -13,818.18%.


Aristocrat Group Operating Income Historical Data

The historical data trend for Aristocrat Group'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.

Aristocrat Group Operating Income Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Operating Income
-0.05 -0.48 -1.01 -1.54

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 -0.37 -0.46 -0.39 -0.30 -0.19

Aristocrat Group 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 Apr. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.33 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.


Aristocrat Group  (OTCPK:ASCC) Operating Income Explanation

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

Aristocrat Group's annualized ROC % for the quarter that ended in Apr. 2016 is calculated as:

ROC % (Q: Apr. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2016 ) + Invested Capital (Q: Apr. 2016 ))/ count )
=-0.76 * ( 1 - 0% )/( (0.861 + 1.026)/ 2 )
=-0.76/0.9435
=-80.55 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2016) data.

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

Aristocrat Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2016  Q: Apr. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.76/( ( (0.006 + max(-0.34, 0)) + (0.005 + max(-0.451, 0)) )/ 2 )
=-0.76/( ( 0.006 + 0.005 )/ 2 )
=-0.76/0.0055
=-13,818.18 %

where Working Capital is:

Working Capital(Q: Jan. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.007 + 0.029 + 0.05) - (0.407 + 0.018 + 0.00099999999999989)
=-0.34

Working Capital(Q: Apr. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.031 + 0.009 + 0.049) - (0.521 + 0.018 + 0.0010000000000001)
=-0.451

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2016) EBIT data.

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

Aristocrat Group's Operating Margin % for the quarter that ended in Apr. 2016 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2016 )/Revenue (Q: Apr. 2016 )
=-0.19/0.029
=-655.17 %

* 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.


Aristocrat Group Operating Income Related Terms

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Aristocrat Group (Aristocrat Group) Business Description

Traded in Other Exchanges
N/A
Address
4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in distilled spirits industry, with a focus on the Vodka segment. The company is focused on developing the distilled spirits line of business.
Executives
Robert Federowicz director, officer: CEO & Chairman 495 GRAND BLVD., SUITE 206, MIRAMAR BEACH FL 32550

Aristocrat Group (Aristocrat Group) Headlines