Delta Galil Industries (Delta Galil Industries) ROCE % : 17.80% (As of Dec. 2023)

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What is Delta Galil Industries 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. Delta Galil Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.80%.

Delta Galil Industries ROCE % Historical Data

The historical data trend for Delta Galil Industries'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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Delta Galil Industries ROCE % Chart

Delta Galil Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.41

-0.65

15.43

14.86

11.45

Delta Galil Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															18.06	4.66	9.12	14.79	17.80

Delta Galil Industries ROCE % Calculation

Delta Galil Industries's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	145.736	/	( ( (1850.67 - 611.287)	+	(1788.587 - 481.671) )	/ 2 )
	=	145.736	/	( (1239.383	+	1306.916)	/ 2 )
	=	145.736	/	1273.1495
	=	11.45 %

Delta Galil Industries's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	227.836	/	( ( (1747.182 - 493.899)	+	(1788.587 - 481.671) )	/ 2 )
	=	227.836	/	( ( 1253.283	+	1306.916 )	/ 2 )
	=	227.836	/	1280.0995
	=	17.80 %

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

Delta Galil Industries (OTCPK:DELTF) 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.

Delta Galil Industries ROCE % Related Terms

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Delta Galil Industries (Delta Galil Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Galil Industries Ltd (OTCPK:DELTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DELG:Israel

Address

45 Ha’eshel Street, Caesarea Industrial Zone, Caesarea, ISR, 30889

Website

https://www.deltagalil.com

Delta Galil Industries Ltd designs and manufactures undergarments, socks, children's wear, leisurewear, and activewear. The company is engaged in the design, development, production, marketing, and sale of intimate apparel, socks, children's wear, leisurewear, and activewear, as well as in the development, design, marketing, distribution, and sale of branded products in the jeans and over wear clothing and ancillary products for women, in five business segments- Delta USA; Global Division Upper Market; Delta European Brands; Delta Premium Brands and Delta Israel.

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