Qurate Retail (Qurate Retail) ROCE %

: -4.60% (As of Dec. 2023)

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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. Qurate Retail's annualized ROCE % for the quarter that ended in Dec. 2023 was -4.60%.

Qurate Retail ROCE % Historical Data

The historical data trend for Qurate Retail'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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Qurate Retail Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.82

11.40

9.11

-17.27

5.67

Qurate Retail Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																1.81	6.55	12.74	6.61	-4.60

Qurate Retail ROCE % Calculation

Qurate Retail'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 )
	=	517	/	( ( (12571 - 3099)	+	(11368 - 2617) )	/ 2 )
	=	517	/	( (9472	+	8751)	/ 2 )
	=	517	/	9111.5
	=	5.67 %

Qurate Retail'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 )
	=	-408	/	( ( (11437 - 2456)	+	(11368 - 2617) )	/ 2 )
	=	-408	/	( ( 8981	+	8751 )	/ 2 )
	=	-408	/	8866
	=	-4.60 %

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

Qurate Retail (NAS:QRTEA) 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.

Qurate Retail ROCE % Related Terms

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Qurate Retail (Qurate Retail) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Qurate Retail Inc (NAS:QRTEA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

QRTEP.PFD:USA QRTEB:USA LB3A:Germany QRTE:Austria

Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

https://www.qurateretail.com

Qurate Retail Inc, through its subsidiaries, is engaged in the video and online commerce industries. Its segments include QxH, which includes QVC U.S. and HSN market and sell a wide variety of consumer products in the United States, primarily using their televised shopping programs and via the Internet through their websites and mobile applications; QVC International segment markets and sells a wide variety of consumer products in several foreign countries, primarily using its televised shopping programs and via the Internet through its international websites and mobile applications; and Zulily markets and sells a wide variety of consumer products in the United States and several foreign countries. Its geographical segments include the U.S, Japan, Germany, and Other countries.

Executives

Brian J Wendling	officer: CAO/PFO	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Renee L Wilm	officer: Chief Legal Officer	12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Albert E Rosenthaler	officer: Senior Vice President	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
David Rawlinson	officer: President/CEO-Elect	C/O NIELSEN HOLDINGS PLC, 85 BROAD ST, NEW YORK NY 10004
Michael A George	director
John C Malone	director, 10 percent owner, officer: Chairman of the Board	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Andrea L Wong	director	12300 LIBERTY BLVD., ENGLEWOOD CO 80112
David E Rapley	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei	director, officer: Chief Executive Officer	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Mark C Vadon	director	705 FIFTH AVE S STE 900, SEATTLE WA 98104
Fiona P Dias	director
Gilchrist Malcolm Ian Grant	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Richard N Baer	officer: SVP, General Counsel
Richard N Barton	director	C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019
Mark D Carleton	officer: Chief Financial Officer	12300 LIBERTY BLVD., ENGLEWOOD CO 80112