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Hour Loop (Hour Loop) ROC (Joel Greenblatt) % : 105.26% (As of Mar. 2024)


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What is Hour Loop 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. Hour Loop's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 105.26%.

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

HOUR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -124.33   Med: -49.16   Max: 7653.79
Current: 3.57

During the past 5 years, Hour Loop's highest ROC (Joel Greenblatt) % was 7653.79%. The lowest was -124.33%. And the median was -49.16%.

HOUR's ROC (Joel Greenblatt) % is ranked worse than
65.04% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 10.03 vs HOUR: 3.57

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


Hour Loop ROC (Joel Greenblatt) % Historical Data

The historical data trend for Hour Loop'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.

Hour Loop ROC (Joel Greenblatt) % Chart

Hour Loop Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-124.33 1,939.35 7,653.79 -54.18 -49.16

Hour Loop Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -86.44 -42.62 4.49 -34.87 105.26

Competitive Comparison of Hour Loop's ROC (Joel Greenblatt) %

For the Internet Retail subindustry, Hour Loop'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.


Hour Loop's ROC (Joel Greenblatt) % Distribution in the Retail - Cyclical Industry

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

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



Hour Loop 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.748 + 14.277 + 0.199) - (9.481 + 0 + 0.709)
=5.034

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.538 + 11.618 + 0.429) - (6.243 + 0 + 0)
=6.342

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hour Loop for the quarter that ended in Mar. 2024 can be restated 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 )
=6.26/( ( (0.233 + max(5.034, 0)) + (0.285 + max(6.342, 0)) )/ 2 )
=6.26/( ( 5.267 + 6.627 )/ 2 )
=6.26/5.947
=105.26 %

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


Hour Loop  (NAS:HOUR) 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.


Hour Loop ROC (Joel Greenblatt) % Related Terms

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Hour Loop (Hour Loop) Business Description

Traded in Other Exchanges
N/A
Address
8201 164th Avenue North East, Redmond, WA, USA, 98052-7615
Hour Loop Inc is a technology-enabled consumer products company that uses machine learning and data analytics to design, develop, market, and sell products. Hour Loop predominantly operates through online retail channels such as Amazon, Walmart, and Hourloop.com. The Company, as an Internet marketplace seller, sells products in multiple categories, including home/garden decor, toys, kitchenware, apparel, and electronics.
Executives
Hillary Hui-chong Bui director C/O HOUR LOOP, INC. 8201 164TH AVE. NE, REDMOND WA 98052-7615
Sau Kuen Yu director, 10 percent owner, officer: Senior Vice President C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Rahul Ray Ratan officer: Chief Financial Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Sam Lai director, 10 percent owner, officer: Chief Executive Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Michael Minkin Lenner director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Douglas Ian Branch director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Minghui Gao director C/O HOUR LOOP, INC., 8201 164TH AVE NE, #200, REDMOND WA 98052-7615

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