Jarir Marketing Co (SAU:4190) ROCE % : 46.08% (As of Dec. 2023)

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What is Jarir Marketing Co 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. Jarir Marketing Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 46.08%.

Jarir Marketing Co ROCE % Historical Data

The historical data trend for Jarir Marketing Co'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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Jarir Marketing Co ROCE % Chart

Jarir Marketing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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49.80

44.62

42.77

40.41

41.15

Jarir Marketing Co 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															41.52	41.60	28.15	50.99	46.08

Jarir Marketing Co ROCE % Calculation

Jarir Marketing Co'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 )
	=	1049.507	/	( ( (4257.484 - 1695.685)	+	(4110.476 - 1571.911) )	/ 2 )
	=	1049.507	/	( (2561.799	+	2538.565)	/ 2 )
	=	1049.507	/	2550.182
	=	41.15 %

Jarir Marketing Co'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 )
	=	1170.472	/	( ( (4155.079 - 1613.561)	+	(4110.476 - 1571.911) )	/ 2 )
	=	1170.472	/	( ( 2541.518	+	2538.565 )	/ 2 )
	=	1170.472	/	2540.0415
	=	46.08 %

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

Jarir Marketing Co (SAU:4190) 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.

Jarir Marketing Co ROCE % Related Terms

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Jarir Marketing Co (SAU:4190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jarir Marketing Co (SAU:4190) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Main Olaya street, P.O. Box 3196, Olaya, Riyadh, SAU, 11471

Website

https://www.jarir.com

Jarir Marketing Company operates retail and wholesale showrooms. The company activity include ) include; retail and wholesale trading in office and school supplies, children toys, books, educational aids, office furniture, engineering equipment, computers and computer systems, electronic and electrical devices, maintenance of computers and electronic and electrical devices, sports and scout equipment and paper. It also includes, purchase of residential and commercial buildings and the acquisition of land to construct buildings for sale or lease for the interest of the Company. The company segments include Retail Outlets, Wholesale, E-commerce, and Others. It generates maximum revenue from the Retail Outlets segment.

Jarir Marketing Co (SAU:4190) Headlines

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