AVG Logistics (BOM:543910) ROCE % : 16.25% (As of Sep. 2024)

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What is AVG Logistics 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. AVG Logistics's annualized ROCE % for the quarter that ended in Sep. 2024 was 16.25%.

AVG Logistics ROCE % Historical Data

The historical data trend for AVG Logistics'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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AVG Logistics ROCE % Chart

AVG Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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14.09

6.36

9.75

13.97

22.55

AVG Logistics Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															18.69	21.72	39.11	15.85	16.25

AVG Logistics ROCE % Calculation

AVG Logistics'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 )
	=	678.543	/	( ( (4075.071 - 1403.078)	+	(4485.659 - 1139.197) )	/ 2 )
	=	678.543	/	( (2671.993	+	3346.462)	/ 2 )
	=	678.543	/	3009.2275
	=	22.55 %

AVG Logistics's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	552.892	/	( ( (0 - 0)	+	(4656.988 - 1254.357) )	/ 1 )
	=	552.892	/	( ( 0	+	3402.631 )	/ 1 )
	=	552.892	/	3402.631
	=	16.25 %

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

AVG Logistics (BOM:543910) 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.

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AVG Logistics Business Description

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AVG:India

Address

Jhilmil Metro Station Complex, 102, 1st Floor, Above State Bank of India, Delhi, IND, 110095

Website

https://www.avglogistics.com

AVG Logistics Ltd operates in logistics industry. The company's business activity falls into only segments: Supply Chain Management - Goods transportation service including warehouse management service. It generates revenues from Logistics business.

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