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Chico's FAS (Chico's FAS) ROC (Joel Greenblatt) % : 5.58% (As of Oct. 2023)


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What is Chico's FAS ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Chico's FAS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was 5.58%.

The historical rank and industry rank for Chico's FAS's ROC (Joel Greenblatt) % or its related term are showing as below:

CHS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -37.44   Med: 23.15   Max: 34.31
Current: 16.38

During the past 13 years, Chico's FAS's highest ROC (Joel Greenblatt) % was 34.31%. The lowest was -37.44%. And the median was 23.15%.

CHS's ROC (Joel Greenblatt) % is not ranked
in the Retail - Cyclical industry.
Industry Median: 9.94 vs CHS: 16.38

Chico's FAS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Chico's FAS ROC (Joel Greenblatt) % Historical Data

The historical data trend for Chico's FAS's ROC (Joel Greenblatt) % 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.

Chico's FAS ROC (Joel Greenblatt) % Chart

Chico's FAS Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.18 -1.73 -37.44 8.67 20.85

Chico's FAS Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.14 4.07 31.19 25.61 5.58

Competitive Comparison of Chico's FAS's ROC (Joel Greenblatt) %

For the Apparel Retail subindustry, Chico's FAS's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chico's FAS's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chico's FAS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Chico's FAS's ROC (Joel Greenblatt) % falls into.



Chico's FAS ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 300.151 + 53.693) - (152.828 + 0 + 118.146)
=82.87

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 342.721 + 51.086) - (153.401 + 0 + 138.887)
=101.519

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Chico's FAS for the quarter that ended in Oct. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Oct. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42.116/( ( (657.865 + max(82.87, 0)) + (667.868 + max(101.519, 0)) )/ 2 )
=42.116/( ( 740.735 + 769.387 )/ 2 )
=42.116/755.061
=5.58 %

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

* 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.


Chico's FAS  (NYSE:CHS) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Chico's FAS ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Chico's FAS's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Chico's FAS (Chico's FAS) Business Description

Traded in Other Exchanges
N/A
Address
11215 Metro Parkway, Fort Myers, FL, USA, 33966
Chico's FAS Inc is an apparel retailer with a portfolio of private-label brands that sell women's clothing and accessories. Brands include Chico's, White House/Black Market, and Soma Intimates. The majority of revenue is derived from Chico's brand. The brands generally target the needs of fashion-savvy women with moderate-to-high household income levels. It sells directly to the consumer through its retail stores, websites, and telephone call centers. The company sources the majority of its product from foreign manufacturers and distributes all products from its distribution center in Georgia.
Executives
Bonnie R. Brooks director 6301 FITCH PATH, NEW ALBANY OH 43054
Eli Kumekpor director 11215 METRO PARKWAY, FORT MYERS FL 33966
Patrick J Guido officer: EVP - Chief Financial Officer C/O ASBURY AUTOMOTIVE GROUP, 2905 PREMIERE PKWY, STE 300, DULUTH GA 30097
Wendy L Hufford officer: SVP - General Counsel C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Kevin Mansell director C/O KOHLS LEGAL, N56 W170000 RIDGEWOOD DR, MENOMONEE FALLS WI 53051
Topper Joseph R. Jr. officer: EVP - Chief Digital Officer 3113 WOODCREEK DR., DOWNERS GROVE IL 60515
Kristin Gwinner officer: SVP, Human Resources 11215 METRO PARKWAY, FORT MYERS FL 33966
Gregory S Baker officer: SVP & General Counsel 11215 METRO PARKWAY, FORT MYERS FL 33966
Molly Langenstein officer: President, Apparel Group C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
David F Walker director 14388 EAGLE POINTE DR, CLEARWATER FL 337622214
David M Oliver officer: Chief Accounting Officer 10930 SPOON RIDGE, EDEN PRAIRIE MN 55347
Stephen E Watson director 700 PILGRIM WAY, GREENBAY WI 54304
Deborah Kerr director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Jennifer L Ellis officer: Interim CFO 11215 METRO PKWY, FORT MYERS FL 33966
Kimberly Roy Tofalli director C/O WEIGHT WATCHERS INTERNATIONAL, INC., 11 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10010