VIP Clothing (BOM:532613) ROCE % : 5.75% (As of Jun. 2024)

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What is VIP Clothing ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. VIP Clothing's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.75%.

VIP Clothing ROCE % Historical Data

The historical data trend for VIP Clothing's ROCE % 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.

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VIP Clothing ROCE % Chart

VIP Clothing Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-10.29

2.43

9.27

-5.03

VIP Clothing Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															6.84	0.30	-4.00	-24.77	5.75

VIP Clothing ROCE % Calculation

VIP Clothing's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-82.601	/	( ( (2857.817 - 1133.783)	+	(2705.507 - 1147.722) )	/ 2 )
	=	-82.601	/	( (1724.034	+	1557.785)	/ 2 )
	=	-82.601	/	1640.9095
	=	-5.03 %

VIP Clothing's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	89.54	/	( ( (2705.507 - 1147.722)	+	(0 - 0) )	/ 1 )
	=	89.54	/	( ( 1557.785	+	0 )	/ 1 )
	=	89.54	/	1557.785
	=	5.75 %

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

VIP Clothing (BOM:532613) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

VIP Clothing ROCE % Related Terms

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VIP Clothing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VIP Clothing Ltd (BOM:532613) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VIPCLOTHNG:India

Address

C-6, Road No. 22, MIDC, Andheri (East), Mumbai, MH, IND, 400 093

Website

http://www.vipclothing.in

VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.

VIP Clothing Headlines

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