The orthocyclic winding in magnetic components is common in both laboratory prototyping and massproduction, especially for round wires with curved edges. However, its impact on winding parasitics, i.e., the winding capacitance, ac resistance, and leakage inductance, has not been systematically investigated. Omission or inaccurate calculation of those parameters lead to current ringing, additional losses, and even abnormal operations. In this paper, three modified formulas for parasitics of orthocyclic windings are proposed, and the impacts of the orthocyclic windings are comprehensively studied. The magnetic field distortion and air-gap effect are analyzed and compensated. The formulas are verified by finite element method (FEM) simulation and experimental results. Finally, a comparison of the normal and orthocyclic winding is performed, and conclusions are listed to control the parasitics of orthocyclic windings.