Advantage Solutions (Advantage Solutions) ROCE % : 5.65% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Advantage Solutions 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. Advantage Solutions's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.65%.

Advantage Solutions ROCE % Historical Data

The historical data trend for Advantage Solutions'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.

Advantage Solutions ROCE % Chart

Advantage Solutions Annual Data

Trend

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.89

1.00

4.40

-31.98

2.22

Advantage Solutions Quarterly Data
	Dec16	Mar17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-138.62	-0.90	2.49	1.77	5.65

Advantage Solutions ROCE % Calculation

Advantage Solutions'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 )
	=	76.476	/	( ( (4262.371 - 600.701)	+	(3779.323 - 541.297) )	/ 2 )
	=	76.476	/	( (3661.67	+	3238.026)	/ 2 )
	=	76.476	/	3449.848
	=	2.22 %

Advantage Solutions'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 )
	=	188.26	/	( ( (4057.511 - 633.907)	+	(3779.323 - 541.297) )	/ 2 )
	=	188.26	/	( ( 3423.604	+	3238.026 )	/ 2 )
	=	188.26	/	3330.815
	=	5.65 %

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

Advantage Solutions (NAS:ADV) 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.

Advantage Solutions ROCE % Related Terms

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

Advantage Solutions (Advantage Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantage Solutions Inc (NAS:ADV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

6CPA:Germany

Address

15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618

Website

https://www.advantagesolutions.net

Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.

Executives

James M Kilts	director	120 PARK AVE, NEW YORK NY 10017
Brian K. Ratzan	director	3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Christopher Growe	officer: Chief Financial Officer	C/O ADVANTAGE SOLUTIONS INC., 15310 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
David A Peacock	director, officer: Chief Executive Officer	190 CARONDELET PLAZA, CLAYTON MO 63105
Adam Levyn	director	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Jody L Macedonio	director	2711 N HASKELL AVENUE, STE 3400, DALLAS TX 75204
Christopher J Baldwin	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Deborah Poole	director	ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
Adam Nebesar	director	200 CLARENDON STREET, BOSTON MA 02116
Tanya L Domier	director, officer: Chief Executive Officer	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Jill L Griffin	officer: President & CCO	C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Dean Kaye	officer: CFO - North America	ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Brian Stevens	officer: CFO & COO	C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
David J West	director	100 CRYSTAL A DRIVE, HERSHEY PA 17033
Robin Manherz	director	ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618