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Importadora Y Exportadora De La Patagonia (BUE:PATA) Operating Income : ARS-11,362 Mil (TTM As of Mar. 2024)


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What is Importadora Y Exportadora De La Patagonia Operating Income?

Importadora Y Exportadora De La Patagonia's Operating Income for the three months ended in Mar. 2024 was ARS8,412 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was ARS-11,362 Mil.

Warning Sign:

Importadora Y Exportadora De La Patagonia SA has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Importadora Y Exportadora De La Patagonia's Operating Income for the three months ended in Mar. 2024 was ARS8,412 Mil. Importadora Y Exportadora De La Patagonia's Revenue for the three months ended in Mar. 2024 was ARS386,920 Mil. Therefore, Importadora Y Exportadora De La Patagonia's Operating Margin % for the quarter that ended in Mar. 2024 was 2.17%.

Importadora Y Exportadora De La Patagonia's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Importadora Y Exportadora De La Patagonia's annualized ROC % for the quarter that ended in Mar. 2024 was 3.32%. Importadora Y Exportadora De La Patagonia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 43.50%.


Importadora Y Exportadora De La Patagonia Operating Income Historical Data

The historical data trend for Importadora Y Exportadora De La Patagonia's Operating Income 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.

Importadora Y Exportadora De La Patagonia Operating Income Chart

Importadora Y Exportadora De La Patagonia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,865.77 1,313.44 -526.44 5,247.69 2,580.49

Importadora Y Exportadora De La Patagonia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Income 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 8,499.94 -39,841.01 4,434.61 15,632.90 8,411.70

Importadora Y Exportadora De La Patagonia Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS-11,362 Mil.

* 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.


Importadora Y Exportadora De La Patagonia  (BUE:PATA) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Importadora Y Exportadora De La Patagonia's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=33646.808 * ( 1 - 64.07% )/( (275486.138 + 453232.866)/ 2 )
=12089.2981144/364359.502
=3.32 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=431736.102 - 121391.75 - ( 34858.214 - max(0, 162602.894 - 239890.339+34858.214))
=275486.138

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=629169.951 - 146565.589 - ( 29371.496 - max(0, 209842.057 - 333010.847+29371.496))
=453232.866

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Importadora Y Exportadora De La Patagonia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=135481.344/( ( (186992.47 + max(46614.283, 0)) + (285199.072 + max(104140.237, 0)) )/ 2 )
=135481.344/( ( 233606.753 + 389339.309 )/ 2 )
=135481.344/311473.031
=43.50 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66902.565 + 130370.043 + 0) - (121391.75 + 0 + 29266.575)
=46614.283

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(94816.558 + 196246.48 + 0) - (146565.589 + 0 + 40357.212)
=104140.237

When net working capital is negative, 0 is used.

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

3. Operating Income is also linked to Operating Margin %:

Importadora Y Exportadora De La Patagonia's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=8411.702/386920.177
=2.17 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Importadora Y Exportadora De La Patagonia Operating Income Related Terms

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Importadora Y Exportadora De La Patagonia (BUE:PATA) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Leandro, N. Alem 1134, 8th floor, Buenos Aires, ARG
Importadora Y Exportadora De La Patagonia SA operates a chain of supermarkets. It produces and distributes meat, various cold cuts, frozen and canned foods, bakery, dairy, toiletries, groceries and cleaning products, among others. The company has business activities such as in buying and selling , import, collection, fractionation, distribution and export of all kinds of fruits and foods, fresh and packaged, perishable or non-perishable, and in general of any merchandise or product marketable in general stores, both in their own physical establishments or in third parties, such as hypermarkets or supermarkets.

Importadora Y Exportadora De La Patagonia (BUE:PATA) Headlines

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