Global Payment Technologies (Global Payment Technologies) Operating Income : $-3.88 Mil (TTM As of Jun. 2008)

View and export this data going back to 1995. Start your Free Trial

What is Global Payment Technologies Operating Income?

Global Payment Technologies's Operating Income for the three months ended in Jun. 2008 was $-0.49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2008 was $-3.88 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Global Payment Technologies's Operating Income for the three months ended in Jun. 2008 was $-0.49 Mil. Global Payment Technologies's Revenue for the three months ended in Jun. 2008 was $3.81 Mil. Therefore, Global Payment Technologies's Operating Margin % for the quarter that ended in Jun. 2008 was -12.73%.

Global Payment Technologies'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. Global Payment Technologies's annualized ROC % for the quarter that ended in Jun. 2008 was -117.11%. Global Payment Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 was -124.28%.

Global Payment Technologies Operating Income Historical Data

The historical data trend for Global Payment Technologies'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.

Global Payment Technologies Operating Income Chart

Global Payment Technologies Annual Data

Trend

Sep98

Sep99

Sep00

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Operating Income

Get a 7-Day Free Trial

-5.63

-1.52

-0.48

-5.65

-5.59

Global Payment Technologies Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Operating Income	Get a 7-Day Free Trial															-1.58	-1.46	-0.94	-1.00	-0.49

Global Payment Technologies 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 Jun. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.88 Mil.

Global Payment Technologies (OTCPK:GPTX) Operating Income Explanation

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

Global Payment Technologies's annualized ROC % for the quarter that ended in Jun. 2008 is calculated as:

	ROC % (Q: Jun. 2008 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2008 )	+	Invested Capital (Q: Jun. 2008 ))	/ count )
=	-1.94 * ( 1 - -0.36% )	/	( (1.8	+	1.525)	/ 2 )
=	-1.946984	/	1.6625
=	-117.11 %

where

	Invested Capital		(Q: Mar. 2008 )
=	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	))
=	6.001	-	3.342	-	( 0.859	-	max(0, 3.79	-	5.211	+	0.859	))
=	1.8

	Invested Capital		(Q: Jun. 2008 )
=	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	))
=	5.857	-	3.684	-	( 0.648	-	max(0, 4.124	-	5.261	+	0.648	))
=	1.525

Note: The Operating Income data used here is four times the quarterly (Jun. 2008) data.

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

Global Payment Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2008 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2008 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Mar. 2008		Q: Jun. 2008
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.94	/	( ( (0.642 + max(1.01, 0))	+	(0.541 + max(0.929, 0)) )	/	2 )
=	-1.94	/	( ( 1.652	+	1.47 )	/	2 )
=	-1.94	/	1.561
=	-124.28 %

where Working Capital is:

	Working Capital		(Q: Mar. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.035	+	3.278	+	0.039000000000001)	-	(3.342	+	0	+	0)
=	1.01

	Working Capital		(Q: Jun. 2008 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.103	+	3.409	+	0.101)	-	(3.684	+	0	+	-8.8817841970013E-16)
=	0.929

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2008) EBIT data.

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

Global Payment Technologies's Operating Margin % for the quarter that ended in Jun. 2008 is calculated as:

Operating Margin %	=	Operating Income (Q: Jun. 2008 )	/	Revenue (Q: Jun. 2008 )
	=	-0.485	/	3.809
	=	-12.73 %

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.

Global Payment Technologies Operating Income Related Terms

Thank you for viewing the detailed overview of Global Payment Technologies's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Global Payment Technologies (Global Payment Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Payment Technologies Inc (OTCPK:GPTX) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

170 Wilbur Place, Bohemia, NY, USA, 11716

Website

http://www.gpt.com

Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.

Executives

Thomas Mcneill	officer: Vice President, CFO & Secy	425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis	director	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz	10 percent owner

Global Payment Technologies (Global Payment Technologies) Headlines

No Headlines