ONVC (Online Vacation Center Holdings) Operating Income: $-0.07 Mil (TTM As of Jun. 2023)


ONVC Online Vacation Center Holdings Corp ONVC
12 GF Score
Price $2.00
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What is Online Vacation Center Holdings Operating Income?

Online Vacation Center Holdings ONVC 12 Operating Income is $-0.07 Mil as of Jun. 2023. GuruFocus rates ONVC with a GF Score™ of 12/100.

Online Vacation Center Holdings's Operating Income for the three months ended in Jun. 2023 was $0.10 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.07 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Online Vacation Center Holdings's Operating Income for the three months ended in Jun. 2023 was $0.10 Mil. Online Vacation Center Holdings's Revenue for the three months ended in Jun. 2023 was $4.53 Mil. Therefore, Online Vacation Center Holdings's Operating Margin % for the quarter that ended in Jun. 2023 was 2.10%.

Online Vacation Center Holdings'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. Online Vacation Center Holdings's annualized ROC % for the quarter that ended in Jun. 2023 was 2.70%. Online Vacation Center Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 82.16%.

Online Vacation Center Holdings  (OTCPK:ONVC) Operating Income Explanation

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

Online Vacation Center Holdings's annualized ROC % for the quarter that ended in Jun. 2023 is calculated as:

ROC % (Q: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2023 ) + Invested Capital (Q: Jun. 2023 ))/ count )
=0.38 * ( 1 - 24.36% )/( (10.529 + 10.759)/ 2 )
=0.287432/10.644
=2.70 %

where

Invested Capital(Q: Mar. 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))
=12.852 - 0.814 - ( 4.628 - max(0, 8.213 - 9.722+4.628))
=10.529

Invested Capital(Q: Jun. 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))
=13.396 - 0.755 - ( 5.481 - max(0, 8.874 - 10.756+5.481))
=10.759

Note: The Operating Income data used here is four times the quarterly (Jun. 2023) data.

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

Online Vacation Center Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.38/( ( (0.491 + max(-3.454, 0)) + (0.434 + max(-3.899, 0)) )/ 2 )
=0.38/( ( 0.491 + 0.434 )/ 2 )
=0.38/0.4625
=82.16 %

where Working Capital is:

Working Capital(Q: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.593 + 0.458 + 2.251) - (0.814 + 5.7 + 1.242)
=-3.454

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.362 + 1.103 + 2.006) - (0.755 + 6.529 + 1.086)
=-3.899

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

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

Online Vacation Center Holdings's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=0.095/4.526
=2.10 %

* 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.

Online Vacation Center Holdings Operating Income Related Terms

Online Vacation Center Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Online Vacation Center Holdings'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.

Online Vacation Center Holdings Operating Income Chart

Online Vacation Center Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 3.53 -2.43 -2.27 1.34

Online Vacation Center Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 -0.51 0.44 0.00 -0.16 0.10
ONVC
12GF Score
Online Vacation Center Holdings Corp ONVC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Online Vacation Center Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.07 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-0.07 Mil mean?
Online Vacation Center Holdings (ONVC) has a Operating Income of $-0.07 Mil as of Jun. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Online Vacation Center Holdings and its competitors.
Is Online Vacation Center Holdings' Operating Income too high?
Online Vacation Center Holdings' current Operating Income is $-0.07 Mil. Overall, Online Vacation Center Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Online Vacation Center Holdings' Operating Income compare to NTRP and NNAX?
Online Vacation Center Holdings' Operating Income of $-0.07 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Online Vacation Center Holdings and its competitors. Online Vacation Center Holdings's current Operating Income is $-0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Online Vacation Center Holdings stock overvalued right now?
Online Vacation Center Holdings (ONVC) has a current Operating Income of $-0.07 Mil. The current Operating Income is $-0.07 Mil. Online Vacation Center Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Online Vacation Center Holdings (ONVC), the current Operating Income is $-0.07 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Online Vacation Center Holdings Business Description

Address 2307 West Broward Boulevard, Suite 400, Fort Lauderdale, FL, USA, 33312
Online Vacation Center Holdings Corp is a Florida holding company. It is engaged in the provision of vacation travel and marketing services through its wholly-owned subsidiaries. The company offers vacation services for affluent retiree markets and river, ocean, and land vacation packages, operates a franchise that focuses on travel sales through mobile agents, and offers other services. The company also publishes three travel newsletters, such as Top Travel Deals, Spotlight, and TravelFlash; and operates a website that connects travelers with websites to purchase hotel, resort, and vacation packages.
12GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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