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Inscape (Inscape) Operating Income : $-15.15 Mil (TTM As of Oct. 2022)


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What is Inscape Operating Income?

Inscape's Operating Income for the three months ended in Oct. 2022 was $-4.55 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2022 was $-15.15 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Inscape's Operating Income for the three months ended in Oct. 2022 was $-4.55 Mil. Inscape's Revenue for the three months ended in Oct. 2022 was $6.07 Mil. Therefore, Inscape's Operating Margin % for the quarter that ended in Oct. 2022 was -75.00%.

Inscape'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. Inscape's annualized ROC % for the quarter that ended in Oct. 2022 was -83.50%. Inscape's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 was -138.28%.


Inscape Operating Income Historical Data

The historical data trend for Inscape'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.

Inscape Operating Income Chart

Inscape Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.29 -5.52 -3.61 -6.64 -10.19

Inscape Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
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 -1.83 -2.92 -3.05 -4.63 -4.55

Inscape 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.15 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.


Inscape  (GREY:ICPBQ) Operating Income Explanation

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

Inscape's annualized ROC % for the quarter that ended in Oct. 2022 is calculated as:

ROC % (Q: Oct. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2022 ) + Invested Capital (Q: Oct. 2022 ))/ count )
=-18.196 * ( 1 - -1.12% )/( (23.839 + 20.235)/ 2 )
=-18.3997952/22.037
=-83.50 %

where

Note: The Operating Income data used here is four times the quarterly (Oct. 2022) data.

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

Inscape's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Oct. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2022  Q: Oct. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-21.544/( ( (13.536 + max(3.98, 0)) + (12.341 + max(1.304, 0)) )/ 2 )
=-21.544/( ( 17.516 + 13.645 )/ 2 )
=-21.544/15.5805
=-138.28 %

where Working Capital is:

Working Capital(Q: Jul. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7.279 + 4.082 + 0.692) - (8.012 + 0 + 0.060999999999998)
=3.98

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.164 + 4.148 + 0.675) - (9.174 + 0 + 0.509)
=1.304

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Oct. 2022) EBIT data.

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

Inscape's Operating Margin % for the quarter that ended in Oct. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Oct. 2022 )/Revenue (Q: Oct. 2022 )
=-4.549/6.065
=-75.00 %

* 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.


Inscape Operating Income Related Terms

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Inscape (Inscape) Business Description

Traded in Other Exchanges
N/A
Address
67 Toll Road, Holland Landing, ON, CAN, L9N 1H2
Inscape Corp is an office furniture manufacturer. Its operating segment includes Furniture and Walls. The furniture segment includes storage, benching, systems, and seating solutions. The Walls segment includes architectural and movable walls. It generates maximum revenue from the Furniture segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. It provides services to small and large organizations.

Inscape (Inscape) Headlines

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