Dollar General (WBO:DGEN) ROCE % : 9.53% (As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Dollar General 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. Dollar General's annualized ROCE % for the quarter that ended in Jan. 2024 was 9.53%.

Dollar General ROCE % Historical Data

The historical data trend for Dollar General'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.

* Premium members only.

Dollar General ROCE % Chart

Dollar General Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

Get a 7-Day Free Trial

16.34

17.68

16.49

15.63

10.30

Dollar General 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															15.61	12.53	11.47	7.36	9.53

Dollar General ROCE % Calculation

Dollar General'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 )
	=	2245.703	/	( ( (26989.365 - 5463.849)	+	(28270.353 - 6174.194) )	/ 2 )
	=	2245.703	/	( (21525.516	+	22096.159)	/ 2 )
	=	2245.703	/	21810.8375
	=	10.30 %

Dollar General'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 )
	=	2128.488	/	( ( (29001.521 - 6427.374)	+	(28270.353 - 6174.194) )	/ 2 )
	=	2128.488	/	( ( 22574.147	+	22096.159 )	/ 2 )
	=	2128.488	/	22335.153
	=	9.53 %

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

Dollar General (WBO:DGEN) 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.

Dollar General ROCE % Related Terms

Thank you for viewing the detailed overview of Dollar General's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Dollar General (WBO:DGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Dollar General Corp (WBO:DGEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

DG:USA DGG:Mexico 1DGX:Italy 7DG:Germany 7DG:Germany DGCO34:Brazil

Address

100 Mission Ridge, Goodlettsville, TN, USA, 37072

Website

https://www.dollargeneral.com

With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.

Dollar General (WBO:DGEN) Headlines

No Headlines