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Colabor Group (Colabor Group) Gross Profit : $91.4 Mil (TTM As of Dec. 2023)


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What is Colabor Group Gross Profit?

Colabor Group's gross profit for the three months ended in Dec. 2023 was $27.8 Mil. Colabor Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $91.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Colabor Group's gross profit for the three months ended in Dec. 2023 was $27.8 Mil. Colabor Group's Revenue for the three months ended in Dec. 2023 was $146.3 Mil. Therefore, Colabor Group's Gross Margin % for the quarter that ended in Dec. 2023 was 18.98%.

Colabor Group had a gross margin of 18.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Colabor Group was 18.67%. The lowest was 1.87%. And the median was 14.44%.


Colabor Group Gross Profit Historical Data

The historical data trend for Colabor Group'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.

Colabor Group Gross Profit Chart

Colabor Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.70 59.97 62.56 76.20 91.71

Colabor Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 25.98 18.34 22.26 23.00 27.77

Competitive Comparison of Colabor Group's Gross Profit

For the Food Distribution subindustry, Colabor Group'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.


Colabor Group's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Colabor Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Colabor Group's Gross Profit falls into.



Colabor Group Gross Profit Calculation

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

Colabor Group's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=491.301 - 399.595
=91.7

Colabor Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=146.333 - 118.563
=27.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $91.4 Mil.

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

Colabor Group'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
=27.8 / 146.333
=18.98 %

* 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.


Colabor Group  (OTCPK:COLFF) 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

Colabor Group had a gross margin of 18.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Colabor Group Gross Profit Related Terms

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Colabor Group (Colabor Group) Business Description

Traded in Other Exchanges
Address
1620 De Montarville Boulevard, Boucherville, QC, CAN, J4B 8P4
Colabor Group Inc is a wholesaler and distributor of food and related products in Canada. The company operates in two segments Distribution and the Wholesale segment. Its Distribution segment operations include the distribution of food products and related products in hotels, restaurants, and institutions (HRI) and the retail market. Its products such as meat, fish, and seafood (Specialty Distribution), as well as general food-related products (Broadline Distribution), and the Wholesale segment's operations, include the sale of general food-related products to distributors from its distribution center in Boucherville. The company generates maximum revenue from the Distribution segment.

Colabor Group (Colabor Group) Headlines