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PT Sekar Laut Tbk (ISX:SKLT) Operating Income : Rp96,830 Mil (TTM As of Mar. 2024)


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What is PT Sekar Laut Tbk Operating Income?

PT Sekar Laut Tbk's Operating Income for the three months ended in Mar. 2024 was Rp27,654 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was Rp96,830 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. PT Sekar Laut Tbk's Operating Income for the three months ended in Mar. 2024 was Rp27,654 Mil. PT Sekar Laut Tbk's Revenue for the three months ended in Mar. 2024 was Rp518,476 Mil. Therefore, PT Sekar Laut Tbk's Operating Margin % for the quarter that ended in Mar. 2024 was 5.33%.

Good Sign:

PT Sekar Laut Tbk operating margin is expanding. Margin expansion is usually a good sign.

PT Sekar Laut Tbk's 5-Year average Growth Rate for Operating Margin % was 3.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Sekar Laut Tbk's annualized ROC % for the quarter that ended in Mar. 2024 was 9.34%. PT Sekar Laut Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.76%.


PT Sekar Laut Tbk Operating Income Historical Data

The historical data trend for PT Sekar Laut 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 Sekar Laut Tbk Operating Income Chart

PT Sekar Laut Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Income
Get a 7-Day Free Trial 73,514.48 70,255.64 103,716.87 90,494.41 103,428.79

PT Sekar Laut Tbk Quarterly Data
Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,253.57 15,592.58 24,287.46 29,295.18 27,654.47

PT Sekar Laut 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp96,830 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 Sekar Laut Tbk  (ISX:SKLT) Operating Income Explanation

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

PT Sekar Laut Tbk's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=110617.868 * ( 1 - 18.32% )/( (919586.567 + 1015963.193)/ 2 )
=90352.6745824/967774.88
=9.34 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=1282739.303 - 116193.22 - ( 246959.516 - max(0, 349749.364 - 736999.33+246959.516))
=919586.567

Invested Capital(Q: Mar. 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))
=1344227.066 - 154671.697 - ( 173592.176 - max(0, 385140.753 - 713572.89+173592.176))
=1015963.193

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

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

PT Sekar Laut Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=117573.632/( ( (210360.38 + max(310150.227, 0)) + (238631.36 + max(321638.357, 0)) )/ 2 )
=117573.632/( ( 520510.607 + 560269.717 )/ 2 )
=117573.632/540390.162
=21.76 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(186648.84 + 279609.958 + 21245.658) - (116193.22 + 0 + 61161.009)
=310150.227

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(242300.437 + 259391.026 + 36032.369) - (154671.697 + 0 + 61413.778)
=321638.357

When net working capital is negative, 0 is used.

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

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

PT Sekar Laut Tbk's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=27654.467/518475.863
=5.33 %

* 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 Sekar Laut Tbk Operating Income Related Terms

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PT Sekar Laut Tbk (ISX:SKLT) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Raya Darmo 23-25, Jawa Timur, Surabaya, IDN, 60265
PT Sekar Laut Tbk produces and develops crackers, tomato and chili sauces, and ready to use seasonings in Indonesia and internationally. It products include Crackers, Condiment, Cooking Spices, Melinjo. and Sauce products under the Finna brand name. In addition, it is involved in the trading of consumer goods, shrimp feed, and others; and restaurant business. It has a geographical presence in Netherland, Korea, England, Oceania, China and other regions of which Netherland generates maximum revenue.

PT Sekar Laut Tbk (ISX:SKLT) Headlines

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