CFPI (California Style Palms) Operating Income: $-17.26 Mil (TTM As of Sep. 2006)

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What is California Style Palms Operating Income?

California Style Palms CFPI Operating Income is $-17.26 Mil as of Sep. 2006.

California Style Palms's Operating Income for the three months ended in Sep. 2006 was $-4.33 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2006 was $-17.26 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. California Style Palms's Operating Income for the three months ended in Sep. 2006 was $-4.33 Mil. California Style Palms's Revenue for the three months ended in Sep. 2006 was $3.57 Mil. Therefore, California Style Palms's Operating Margin % for the quarter that ended in Sep. 2006 was -121.21%.

California Style Palms'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. California Style Palms's annualized ROC % for the quarter that ended in Sep. 2006 was -160.12%. California Style Palms's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2006 was -6,754.00%.

California Style Palms  (OTCPK:CFPI) Operating Income Explanation

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

California Style Palms's annualized ROC % for the quarter that ended in Sep. 2006 is calculated as:

ROC % (Q: Sep. 2006 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2006 ) + Invested Capital (Q: Sep. 2006 ))/ count )
=-17.324 * ( 1 - % )/( (14.672 + 6.967)/ 2 )
=-17.324/10.8195
=-160.12 %

where

Invested Capital(Q: Jun. 2006 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3.266 - 6.851 - ( 0.004 - max(0, 20.558 - 2.301+0.004))
=14.672

Invested Capital(Q: Sep. 2006 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3.176 - 18.693 - ( 0.004 - max(0, 24.706 - 2.222+0.004))
=6.967

Note: The Operating Income data used here is four times the quarterly (Sep. 2006) data.

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

California Style Palms's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2006 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2006 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2006  Q: Sep. 2006
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-17.324/( ( (0.262 + max(-17.21, 0)) + (0.251 + max(-21.297, 0)) )/ 2 )
=-17.324/( ( 0.262 + 0.251 )/ 2 )
=-17.324/0.2565
=-6,754.00 %

where Working Capital is:

Working Capital(Q: Jun. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.279 + 0.837 + 1.181) - (6.851 + 1.838 + 10.818)
=-17.21

Working Capital(Q: Sep. 2006 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.1 + 0.382 + 1.736) - (18.693 + 0 + 4.822)
=-21.297

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2006) EBIT data.

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

California Style Palms's Operating Margin % for the quarter that ended in Sep. 2006 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2006 )/Revenue (Q: Sep. 2006 )
=-4.331/3.573
=-121.21 %

* 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.

California Style Palms Operating Income Related Terms

California Style Palms Operating Income Historical Data

* Premium members only.

The historical data trend for California Style Palms'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.

California Style Palms Operating Income Chart

California Style Palms Annual Data
Trend Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Mar05
Operating Income
Get a 7-Day Free Trial -0.58 -0.86 -1.10 -2.09 -5.38

California Style Palms Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 Premium Member Only -2.42 -3.26 -6.69 -2.98 -4.33

California Style Palms 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 Sep. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.26 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-17.26 Mil mean?
California Style Palms (CFPI) has a Operating Income of $-17.26 Mil as of Sep. 2006. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on California Style Palms and its competitors.
Is California Style Palms' Operating Income too high?
California Style Palms' current Operating Income is $-17.26 Mil.
How does California Style Palms' Operating Income compare to BYIN?
California Style Palms' Operating Income of $-17.26 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on California Style Palms and its competitors. California Style Palms's current Operating Income is $-17.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is California Style Palms stock overvalued right now?
California Style Palms (CFPI) has a current Operating Income of $-17.26 Mil. The current Operating Income is $-17.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For California Style Palms (CFPI), the current Operating Income is $-17.26 Mil as of Sep. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

California Style Palms Business Description

Address 349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.