BILL Holdings (LTS:0A75) ROCE % : 2.67% (As of Mar. 2024)

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What is BILL Holdings 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. BILL Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.67%.

BILL Holdings ROCE % Historical Data

The historical data trend for BILL Holdings'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.

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BILL Holdings ROCE % Chart

BILL Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-4.82

-6.82

-5.09

-6.77

-3.54

BILL Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-1.75	-0.71	-1.53	-2.33	2.67

BILL Holdings ROCE % Calculation

BILL Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-207.714	/	( ( (9256.026 - 3408.657)	+	(9636.018 - 3753.436) )	/ 2 )
	=	-207.714	/	( (5847.369	+	5882.582)	/ 2 )
	=	-207.714	/	5864.9755
	=	-3.54 %

BILL Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	147.664	/	( ( (9872.411 - 4118.192)	+	(9122.258 - 3826.511) )	/ 2 )
	=	147.664	/	( ( 5754.219	+	5295.747 )	/ 2 )
	=	147.664	/	5524.983
	=	2.67 %

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

BILL Holdings (LTS:0A75) 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.

BILL Holdings ROCE % Related Terms

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BILL Holdings (LTS:0A75) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BILL Holdings Inc (LTS:0A75) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BILL:USA 0M5:Germany B2HI34:Brazil

Address

6220 America Center Drive, Suite 100, San Jose, CA, USA, 95022

Website

https://www.bill.com

BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.

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