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The a2 Milk Co (The a2 Milk Co) Gross Profit : $461 Mil (TTM As of Dec. 2023)


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What is The a2 Milk Co Gross Profit?

The a2 Milk Co's gross profit for the six months ended in Dec. 2023 was $236 Mil. The a2 Milk Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $461 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The a2 Milk Co's gross profit for the six months ended in Dec. 2023 was $236 Mil. The a2 Milk Co's Revenue for the six months ended in Dec. 2023 was $505 Mil. Therefore, The a2 Milk Co's Gross Margin % for the quarter that ended in Dec. 2023 was 46.70%.

The a2 Milk Co had a gross margin of 46.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of The a2 Milk Co was 55.96%. The lowest was 36.00%. And the median was 46.46%.

Warning Sign:

The a2 Milk Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.4%.


The a2 Milk Co Gross Profit Historical Data

The historical data trend for The a2 Milk Co's Gross Profit 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.

The a2 Milk Co Gross Profit Chart

The a2 Milk Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 471.12 624.48 362.27 421.55 453.47

The a2 Milk Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit 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 206.56 228.11 236.30 225.30 235.72

Competitive Comparison of The a2 Milk Co's Gross Profit

For the Packaged Foods subindustry, The a2 Milk Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


The a2 Milk Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Gross Profit falls into.



The a2 Milk Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

The a2 Milk Co's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=976.128 - 522.654
=453

The a2 Milk Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=504.729 - 269.01
=236

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $461 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

The a2 Milk Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=236 / 504.729
=46.70 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


The a2 Milk Co  (OTCPK:ACOPF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

The a2 Milk Co had a gross margin of 46.70% for the quarter that ended in Dec. 2023 => Durable competitive advantage


The a2 Milk Co Gross Profit Related Terms

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The a2 Milk Co (The a2 Milk Co) Business Description

Address
51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

The a2 Milk Co (The a2 Milk Co) Headlines

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