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UTi Worldwide (UTi Worldwide) ROC (Joel Greenblatt) % : -8.75% (As of Oct. 2015)


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What is UTi Worldwide 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. UTi Worldwide's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2015 was -8.75%.

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

UTIW's ROC (Joel Greenblatt) % is not ranked *
in the Transportation industry.
Industry Median: 12.61
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


UTi Worldwide ROC (Joel Greenblatt) % Historical Data

The historical data trend for UTi Worldwide'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.

UTi Worldwide ROC (Joel Greenblatt) % Chart

UTi Worldwide Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.27 35.97 -2.42 -0.60 -20.43

UTi Worldwide Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 -8.55 -54.60 -8.99 -41.21 -8.75

Competitive Comparison of UTi Worldwide's ROC (Joel Greenblatt) %

For the Integrated Freight & Logistics subindustry, UTi Worldwide'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.


UTi Worldwide's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, UTi Worldwide's ROC (Joel Greenblatt) % distribution charts can be found below:

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



UTi Worldwide 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. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(798.205 + 0 + 202.327) - (628.897 + 12.146 + 0)
=359.489

Working Capital(Q: Oct. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(806.058 + 0 + 191.506) - (656.739 + 11.953 + -1.1368683772162E-13)
=328.872

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of UTi Worldwide for the quarter that ended in Oct. 2015 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2015 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2015  Q: Oct. 2015
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-45.204/( ( (177.351 + max(359.489, 0)) + (167.66 + max(328.872, 0)) )/ 2 )
=-45.204/( ( 536.84 + 496.532 )/ 2 )
=-45.204/516.686
=-8.75 %

Note: The EBIT data used here is four times the quarterly (Oct. 2015) 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.


UTi Worldwide  (NAS:UTIW) 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.


UTi Worldwide ROC (Joel Greenblatt) % Related Terms

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


UTi Worldwide (UTi Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
UTi Worldwide Inc was incorporated in the British Virgin Islands on January 30, 1995 under the International Business Companies Act as an international business company and operates under the British Virgin Islands legislation governing corporations. The Company's segments include: Freight Forwarding and Contract Logistics and Distribution Segment. Freight Forwarding the Company do not own or operate aircraft or vessels and, consequently, contract with commercial carriers to arrange for the shipment of cargo. In Contract Logistics and Distribution Segment; provides services relating to value-added warehousing and the subsequent distribution of goods and materials in order to meet clients inventory needs and production or distribution schedules. The Company operates a network of freight forwarding offices and contract logistics and distribution centers in a total of 60 countries. In addition, it serves its clients in 100 additional countries through independent agent-owned offices. The Companys business is managed from main support offices located in Long Beach, California, and several other locations. The Companys primary services include air and ocean freight forwarding, contract logistics, customs brokerage, distribution, inbound logistics and truckload brokerage. It also provides other supply chain management services, including consulting, the coordination of purchase orders and customized management services. Through its supply chain planning and optimization services, it assists its clients in designing and implementing solutions that improve the predictability and visibility and reduce the overall costs of their supply chains. As a freight forwarder, it conducts business as an indirect carrier and occasionally as an authorized agent for an airline. It acts as an indirect carrier with respect to shipments of freight. It arranges for, and in many cases provides, pick-up and delivery service between the carrier and the location of the shipper or recipient. When it acts as an authorized agent for an airline or ocean carrier, it arranges for the transportation of individual shipments to the airline or ocean carrier. As part of its freight forwarding services, it provides customs brokerage services in the United States and other countries in which it operates. As part of its customs brokerage services, it prepares and files formal documentation required for clearance through customs agencies, obtain customs bonds, facilitate the payment of import duties on behalf of the importer, arrange for payment of collect freight charges, assist with determining and obtaining the commodity classifications for shipments and perform other related services. The Companys contract logistics services include receiving, deconsolidation and decontainerization, sorting, put away, consolidation, assembly, cargo loading and unloading, assembly of freight and protective packaging, warehousing services, order management, and customized distribution and
Executives
Donald W Slager director C/O ALLIED WASTE INDUSTRIES, 15880 N. GREENWAY-HAYDEN LOOP, STE. 100, SCOTTSDALE AZ 85260
Langley C John Jr director 19433 LAUREL PARK RD, RANCHO DOMINGUEZ CA 90220