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DSITF (Currys) Operating Income : $0 Mil (TTM As of Oct. 2024)


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What is Currys Operating Income?

Currys's Operating Income for the six months ended in Oct. 2024 was $0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2024 was $0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Currys's Operating Income for the six months ended in Oct. 2024 was $0 Mil. Currys's Revenue for the six months ended in Oct. 2024 was $5,108 Mil. Therefore, Currys's Operating Margin % for the quarter that ended in Oct. 2024 was 0.00%.

Currys'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. Currys's annualized ROC % for the quarter that ended in Oct. 2024 was 0.00%. Currys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 was 7.69%.


Currys Operating Income Historical Data

The historical data trend for Currys'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.

Currys Operating Income Chart

Currys Annual Data
Trend Mar14 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.78 203.60 287.19 183.06 146.43

Currys Semi-Annual Data
Mar14 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 - - - - -

Currys 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 Oct. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 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.


Currys  (OTCPK:DSITF) Operating Income Explanation

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

Currys's annualized ROC % for the quarter that ended in Oct. 2024 is calculated as:

ROC % (Q: Oct. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2024 ) + Invested Capital (Q: Oct. 2024 ))/ count )
=0 * ( 1 - 20% )/( (5347.935 + 4778.357)/ 2 )
=0/5063.146
=0.00 %

where

Invested Capital(Q: Apr. 2024 )
=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))
=6644.556 - 1720.901 - ( 111.389 - max(0, 2667.084 - 2242.804+111.389))
=5347.935

Invested Capital(Q: Oct. 2024 )
=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))
=7269.883 - 2966.102 - ( 140.808 - max(0, 3316.819 - 2842.243+140.808))
=4778.357

Note: The Operating Income data used here is two times the semi-annual (Oct. 2024) data.

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

Currys's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Oct. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=86.05/( ( (1138.924 + max(-246.558, 0)) + (1099.087 + max(-352.02, 0)) )/ 2 )
=86.05/( ( 1138.924 + 1099.087 )/ 2 )
=86.05/1119.0055
=7.69 %

where Working Capital is:

Working Capital(Q: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(770.964 + 1294.118 + 66.333) - (1720.901 + 0 + 657.072)
=-246.558

Working Capital(Q: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(947.849 + 1731.421 + 22.165) - (2966.102 + 0 + 87.353)
=-352.02

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Oct. 2024) EBIT data.

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

Currys's Operating Margin % for the quarter that ended in Oct. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=0/5108.214
=0.00 %

* 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.


Currys Operating Income Related Terms

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Currys Business Description

Traded in Other Exchanges
Address
1 Portal Way, London, GBR, W3 6RS
Currys PLC is an omnichannel retailer of technology products and services with stores across countries. The company's segment include: UK & Ireland: comprises the operations of Currys, iD Mobile and B2B operations; and Nordics; operates both franchise and own stores in Norway, Sweden, Finland and Denmark with further franchise operations in Iceland, Greenland and the Faroe Islands. UK & Ireland and Nordics are involved in the sale of consumer electronics and mobile technology products and services, through stores or online channels. It derives maximum revenue from UK & Ireland.

Currys Headlines

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