Go Fashion (India) (NSE:GOCOLORS) ROCE % : 16.44% (As of Dec. 2024)

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What is Go Fashion (India) 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. Go Fashion (India)'s annualized ROCE % for the quarter that ended in Dec. 2024 was 16.44%.

Go Fashion (India) ROCE % Historical Data

The historical data trend for Go Fashion (India)'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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Go Fashion (India) ROCE % Chart

Go Fashion (India) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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20.17

3.60

12.70

19.33

16.57

Go Fashion (India) Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															19.45	11.51	19.34	14.86	16.44

Go Fashion (India) ROCE % Calculation

Go Fashion (India)'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 )
	=	1493.581	/	( ( (9269.788 - 1268.264)	+	(11394.708 - 1370.495) )	/ 2 )
	=	1493.581	/	( (8001.524	+	10024.213)	/ 2 )
	=	1493.581	/	9012.8685
	=	16.57 %

Go Fashion (India)'s ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	1755.376	/	( ( (12289.341 - 1612.99)	+	(0 - 0) )	/ 1 )
	=	1755.376	/	( ( 10676.351	+	0 )	/ 1 )
	=	1755.376	/	10676.351
	=	16.44 %

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

Go Fashion (India) (NSE:GOCOLORS) 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.

Go Fashion (India) ROCE % Related Terms

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Go Fashion (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Go Fashion (India) Ltd (NSE:GOCOLORS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

543401:India

Address

Nungambakkam High Road, No. 4, 5th Floor, Sathak Center, Chennai, TN, IND, 600034

Website

https://www.gocolors.com

Go Fashion (India) Ltd is engaged in the business of retail trade of apparel for women through retail and departmental store facilities. The products offered by the company include churidars, leggings, palazzos, culottes, pants, trousers, and jeggings among others which are sold across multiple categories such as ethnic wear, western wear, fusion wear, activewear, and denim.

Go Fashion (India) Headlines

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