OSI Systems (OSI Systems) ROCE % : 20.90% (As of Dec. 2023)

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What is OSI Systems 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. OSI Systems's annualized ROCE % for the quarter that ended in Dec. 2023 was 20.90%.

OSI Systems ROCE % Historical Data

The historical data trend for OSI Systems'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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OSI Systems ROCE % Chart

OSI Systems Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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12.72

11.52

11.67

15.96

14.92

OSI Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															14.76	23.85	9.20	20.90	19.61

OSI Systems ROCE % Calculation

OSI Systems's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	135.279	/	( ( (1443.15 - 613.954)	+	(1555.686 - 571.694) )	/ 2 )
	=	135.279	/	( (829.196	+	983.992)	/ 2 )
	=	135.279	/	906.594
	=	14.92 %

OSI Systems'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 )
	=	209.284	/	( ( (1588.452 - 611.628)	+	(1726.477 - 700.391) )	/ 2 )
	=	209.284	/	( ( 976.824	+	1026.086 )	/ 2 )
	=	209.284	/	1001.455
	=	20.90 %

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

OSI Systems (NAS:OSIS) 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.

OSI Systems ROCE % Related Terms

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OSI Systems (OSI Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OSI Systems Inc (NAS:OSIS) » Definitions » ROCE %

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OS2:Germany

Address

12525 Chadron Avenue, Hawthorne, CA, USA, 90250

Website

https://www.osi-systems.com

OSI Systems Inc is a designer and manufacturer of electronic systems and components for businesses in the homeland security, healthcare, defense, and aerospace markets. The firm is organized in three business segments: Security, which provides security and inspection systems; Healthcare, which provides patient monitoring, diagnostic, cardiology, ventilation systems and defibrillators; and Optoelectronics and Manufacturing, which provides specialized electronic components and manufacturing services for the Security and Healthcare segments and external original equipment manufacturers. Majority of the firm's revenue is generated in America, and the rest from Europe, the Middle East, and Africa, and the Asia Pacific regions.

Executives

Deepak Chopra	director, officer: President and CEO	12525 CHADRON AVE, HAWTHORNE CA 90250
Shalabh Chandra	officer: Pres., Spacelabs Healthcare	C/O OSI SYSTEMS, INC., 12525 CHADRON AVENUE, HAWTHORNE CA 90250
Glenn Grindstaff	officer: Chief Human Resources Officer	12525 CHADRON AVENUE, HAWTHORNE CA 90250
Paul Keith Morben	officer: Pres., OSI Electronics	12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ballhaus William Francis Jr	director	12525 CHADRON AVE, HAWTHORNE CA 90250
Alan I Edrick	officer: EVP & CFO	20200 SUNBURST STREET, CHATSWORTH CA 91311
Victor S Sze	officer: General Counsel	12525 CHADRON AVE, HAWTHORNE CA 90250
Gerald M Chizever	director
Manoocher M Aliabadi	officer: Pres., Optoelectronics Div	12525 CHADRON AVE, HAWTHORNE CA 90250
Malcolm Peter Maginnis	officer: Pres., Rapiscan Systems	12525 CHADRON AVENUE, HAWTHORNE CA 90250
Ajay Mehra	director, officer: Executve Vice President	12525 CHADRON AVE, HAWTHORNE CA 90250
Steven C Good	director	11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Kelli Bernard	director	12525 CHADRON AVENUE, HAWTHORNE CA 90250
Deborah Lee Cegielski	officer: SVP, Chief HR Officer	12525 CHADRON AVENUE, HAWTHORNE CA 90250
James W Green	officer: Pres., Spacelabs Healthcare	12525 CHADRON AVENUE, HAWTHORNE CA 90250