Discovery Metals (ASX:DML) Gross Profit : A$-42.9 Mil (TTM As of Jun. 2014)

Discovery Metals Gross Profit Chart

Discovery Metals Annual Data
	Trend	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Gross Profit		Get a 7-Day Free Trial					0.01	-	-	-	-42.94

Discovery Metals Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Gross Profit	Get a 7-Day Free Trial						0.01	-	-	-	-42.94

Competitive Comparison of Discovery Metals's Gross Profit

For the Other Industrial Metals & Mining subindustry, Discovery Metals'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.

Discovery Metals's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Discovery Metals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Discovery Metals's Gross Profit falls into.

Discovery Metals Gross Profit Calculation

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

Discovery Metals's Gross Profit for the fiscal year that ended in Jun. 2014 is calculated as

Discovery Metals's Gross Profit for the quarter that ended in Jun. 2014 is calculated as

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Jun. 2014 was A$-42.9 Mil.

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

Discovery Metals's Gross Margin % for the quarter that ended in Jun. 2014 is calculated as

* 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.

Discovery Metals  (ASX:DML) 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

Discovery Metals had a gross margin of -33.65% for the quarter that ended in Jun. 2014 => No sustainable competitive advantage

Discovery Metals Gross Profit Related Terms

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Discovery Metals (ASX:DML) Business Description