G-III Apparel Group (FRA:GI4) ROCE % : 8.20% (As of Jan. 2024)

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What is G-III Apparel Group 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. G-III Apparel Group's annualized ROCE % for the quarter that ended in Jan. 2024 was 8.20%.

G-III Apparel Group ROCE % Historical Data

The historical data trend for G-III Apparel Group'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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G-III Apparel Group ROCE % Chart

G-III Apparel Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

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12.82

4.82

15.56

-3.83

12.90

G-III Apparel Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-46.04	3.08	6.18	36.59	8.20

G-III Apparel Group ROCE % Calculation

G-III Apparel Group's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	257.218	/	( ( (2517.112 - 537.376)	+	(2461.309 - 453.151) )	/ 2 )
	=	257.218	/	( (1979.736	+	2008.158)	/ 2 )
	=	257.218	/	1993.947
	=	12.90 %

G-III Apparel Group's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	165.68	/	( ( (2603.618 - 570.42)	+	(2461.309 - 453.151) )	/ 2 )
	=	165.68	/	( ( 2033.198	+	2008.158 )	/ 2 )
	=	165.68	/	2020.678
	=	8.20 %

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

G-III Apparel Group (FRA:GI4) 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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G-III Apparel Group (FRA:GI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » G-III Apparel Group Ltd (FRA:GI4) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GIII:USA

Address

512 Seventh Avenue, New York, NY, USA, 10018

Website

https://www.g-iii.com

G-III Apparel Group Ltd is a textile company. It makes a wide range of apparel, footwear, and accessories that it sells under its own brands, licensed brands, and private-label brands. G-III has a substantial portfolio for licensed and proprietary brands, anchored by five global power brands: DKNY, Donna Karan, Calvin Klein, Tommy Hilfiger, and Karl Lagerfeld. The company has two reportable operations: Wholesale Operations and Retail Operations. The Wholesale operations segment includes sales of products under brands licensed by us from third parties, as well as sales of products under its own brands and private label brands. The retail operations segment consists primarily of Wilsons Leather, G.H. Bass, and DKNY retail stores. It derives most of its revenues from Wholesale operations.

G-III Apparel Group (FRA:GI4) Headlines

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