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Singer Sri Lanka (COL:SINS.N0000) Gross Profit : රු17,899 Mil (TTM As of Mar. 2024)


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What is Singer Sri Lanka Gross Profit?

Singer Sri Lanka's gross profit for the three months ended in Mar. 2024 was රු4,861 Mil. Singer Sri Lanka's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was රු17,899 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Singer Sri Lanka's gross profit for the three months ended in Mar. 2024 was රු4,861 Mil. Singer Sri Lanka's Revenue for the three months ended in Mar. 2024 was රු16,147 Mil. Therefore, Singer Sri Lanka's Gross Margin % for the quarter that ended in Mar. 2024 was 30.11%.

Singer Sri Lanka had a gross margin of 30.11% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Singer Sri Lanka was 34.46%. The lowest was 25.58%. And the median was 29.77%.


Singer Sri Lanka Gross Profit Historical Data

The historical data trend for Singer Sri Lanka'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.

Singer Sri Lanka Gross Profit Chart

Singer Sri Lanka Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,383.98 18,511.35 22,191.50 18,872.26 17,898.93

Singer Sri Lanka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,278.58 3,279.10 3,164.96 6,593.54 4,861.34

Competitive Comparison of Singer Sri Lanka's Gross Profit

For the Specialty Retail subindustry, Singer Sri Lanka'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.


Singer Sri Lanka's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Singer Sri Lanka's Gross Profit distribution charts can be found below:

* The bar in red indicates where Singer Sri Lanka's Gross Profit falls into.



Singer Sri Lanka Gross Profit Calculation

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

Singer Sri Lanka's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=69973.442 - 52074.508
=17,899

Singer Sri Lanka's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=16147.24 - 11285.903
=4,861

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු17,899 Mil.

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

Singer Sri Lanka's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,861 / 16147.24
=30.11 %

* 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.


Singer Sri Lanka  (COL:SINS.N0000) 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

Singer Sri Lanka had a gross margin of 30.11% for the quarter that ended in Mar. 2024 => Competition eroding margins


Singer Sri Lanka Gross Profit Related Terms

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Singer Sri Lanka (COL:SINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 112, Havelock Road, Colombo, LKA, 05
Singer Sri Lanka PLC is a Sri Lanka based appliance retailer. It is engaged in marketing of household electrical products. It operates in seven segments including Consumer Electronics that offers televisions, audios and other electronic products. Financial Services segment offers leasing, hire purchase and loans. Furniture segment offers wood and layered furniture, sofa sets, steel furniture, and mattress. Home Appliances offer refrigerators, washing machines, deep freezers. Digital Products include laptops and smartphones. Sewing segment offers domestic and industrial sewing machines and general merchandise Other segment offers motorbikes, bicycles, water pumps, paddy threshers, and tractors. The company generates maximum revenue from the Home Appliances segment.

Singer Sri Lanka (COL:SINS.N0000) Headlines

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