GURUFOCUS.COM » STOCK LIST » Technology » Software » Interactive Intelligence Group Inc (NAS:ININ) » Definitions » ROC (Joel Greenblatt) %

Interactive Intelligence Group (Interactive Intelligence Group) ROC (Joel Greenblatt) % : -38.28% (As of Sep. 2016)


View and export this data going back to 1999. Start your Free Trial

What is Interactive Intelligence Group 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. Interactive Intelligence Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2016 was -38.28%.

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

ININ's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 12.895
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Interactive Intelligence Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Interactive Intelligence Group'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.

Interactive Intelligence Group ROC (Joel Greenblatt) % Chart

Interactive Intelligence Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.12 4.80 37.41 -39.65 -34.93

Interactive Intelligence Group Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -57.10 -2.79 -98.64 -70.27 -38.28

Competitive Comparison of Interactive Intelligence Group's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Interactive Intelligence Group'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.


Interactive Intelligence Group's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Interactive Intelligence Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Interactive Intelligence Group's ROC (Joel Greenblatt) % falls into.



Interactive Intelligence Group 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: Jun. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(96.997 + 0 + 44.439) - (45.97 + 115.145 + 0)
=-19.679

Working Capital(Q: Sep. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.445 + 0 + 41.562) - (48.06 + 112.873 + 0)
=-27.926

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Interactive Intelligence Group for the quarter that ended in Sep. 2016 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2016  Q: Sep. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-14.6/( ( (39.812 + max(-19.679, 0)) + (36.476 + max(-27.926, 0)) )/ 2 )
=-14.6/( ( 39.812 + 36.476 )/ 2 )
=-14.6/38.144
=-38.28 %

Note: The EBIT data used here is four times the quarterly (Sep. 2016) 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.


Interactive Intelligence Group  (NAS:ININ) 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.


Interactive Intelligence Group ROC (Joel Greenblatt) % Related Terms

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


Interactive Intelligence Group (Interactive Intelligence Group) Business Description

Traded in Other Exchanges
N/A
Address
Interactive Intelligence Group Inc was incorporated in Indiana in April 2011. The Company is a provider of software and services designed to improve the customer experience. It offers a suite of applications that provides customers with a multichannel communications platform that is delivered on-premises or through the cloud. Its software applications provide a range of pre-integrated inbound and outbound communications functionality. Its solutions are used by businesses and organizations in industries including teleservices, insurance, banking, accounts receivable management, utilities, healthcare, retail, technology, government and business services. Its solutions can be deployed via its cloud model using a data center, on-premises at the customer's site, as hybrid cloud/on-premises solutions, or as a managed service in which it manages the communications solution for the customer. The Company has different competitors, including inContact, Inc., Five9, Inc., and the Echopass solution, which was acquired by Genesys Telecommunications Laboratories, Inc. ("Genesys"). In the on-premises contact center market, its primary competitors are Avaya, Cisco, Microsoft, Mitel Networks Corp, and ShoreTel. Its registered trademark includes "Interactive Intelligence". The Company is subject to compliance with federal, state and local provisions.
Executives
Mitchell E Daniels director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Richard A Reck director 128 HILLCREST AVENUE HINSDALE IL 60521-4736
Mark E Hill director 12900 NORTH MERIDIAN, SUITE 200, CARMEL IN 46032
Thomas J Fisher officer: Chief Services Officer 7601 INTERACTIE WAY, INDIANAPOLIS IN 46278

Interactive Intelligence Group (Interactive Intelligence Group) Headlines