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PT Sepatu Bata Tbk (ISX:BATA) Operating Income : Rp-114,025 Mil (TTM As of Sep. 2024)


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What is PT Sepatu Bata Tbk Operating Income?

PT Sepatu Bata Tbk's Operating Income for the three months ended in Sep. 2024 was Rp499 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was Rp-114,025 Mil.

Warning Sign:

PT Sepatu Bata Tbk had lost money in 75% of the time over the past 12quarters.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Sepatu Bata Tbk's Operating Income for the three months ended in Sep. 2024 was Rp499 Mil. PT Sepatu Bata Tbk's Revenue for the three months ended in Sep. 2024 was Rp102,978 Mil. Therefore, PT Sepatu Bata Tbk's Operating Margin % for the quarter that ended in Sep. 2024 was 0.48%.

PT Sepatu Bata Tbk'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. PT Sepatu Bata Tbk's annualized ROC % for the quarter that ended in Sep. 2024 was 0.53%. PT Sepatu Bata Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 5.40%.


PT Sepatu Bata Tbk Operating Income Historical Data

The historical data trend for PT Sepatu Bata Tbk'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.

PT Sepatu Bata Tbk Operating Income Chart

PT Sepatu Bata Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40,896.77 -188,879.80 -72,621.63 -57,661.89 -107,569.06

PT Sepatu Bata Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -18,332.25 -67,406.26 -32,775.35 -14,342.94 499.39

PT Sepatu Bata Tbk 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp-114,025 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.


PT Sepatu Bata Tbk  (ISX:BATA) Operating Income Explanation

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

PT Sepatu Bata Tbk's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=1997.548 * ( 1 - 0% )/( (379991.094 + 367545.94)/ 2 )
=1997.548/373768.517
=0.53 %

where

Invested Capital(Q: Jun. 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))
=495059.103 - 237111.867 - ( 60843.382 - max(0, 442446.249 - 320402.391+60843.382))
=379991.094

Invested Capital(Q: Sep. 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))
=458493.721 - 219574.837 - ( 64543.056 - max(0, 411782.789 - 283155.733+64543.056))
=367545.94

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

PT Sepatu Bata Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6819.044/( ( (127152.679 + max(-38095.743, 0)) + (125222.39 + max(-52646.022, 0)) )/ 2 )
=6819.044/( ( 127152.679 + 125222.39 )/ 2 )
=6819.044/126187.5345
=5.40 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10140.2 + 186328.94 + 56177.661) - (237111.867 + 0 + 53630.677)
=-38095.743

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8744.379 + 163242.824 + 39968.26) - (219574.837 + 0 + 45026.648)
=-52646.022

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

PT Sepatu Bata Tbk's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=499.387/102978.478
=0.48 %

* 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.


PT Sepatu Bata Tbk Operating Income Related Terms

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PT Sepatu Bata Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan RA. Kartini Kav. 28, Cilandak Barat, Graha Bata, Jakarta Selatan, Jakarta, IDN, 12430
PT Sepatu Bata Tbk is engaged in the footwear manufacturing and retail industry. It presents a range of footwear comprising leather shoes, sandals, built-up canvas shoes, casual shoes, sports shoes, industrial safety footwear, and injection-molded shoes. The products are marketed by the company under various brand names, such as Bata, which is its main brand; North Star; Power; Bubblegummers; Marie Claire; Pata Pata, and Weinbrenne. Its segment comprises Retail, E-commerce, Industrial, Export - related parties, and Wholesale.

PT Sepatu Bata Tbk Headlines

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