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Grainturk Tarim (IST:GRTRK) Gross Profit : ₺479 Mil (TTM As of Dec. 2023)


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What is Grainturk Tarim Gross Profit?

Grainturk Tarim's gross profit for the three months ended in Dec. 2023 was ₺292 Mil. Grainturk Tarim's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺479 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grainturk Tarim's gross profit for the three months ended in Dec. 2023 was ₺292 Mil. Grainturk Tarim's Revenue for the three months ended in Dec. 2023 was ₺1,240 Mil. Therefore, Grainturk Tarim's Gross Margin % for the quarter that ended in Dec. 2023 was 23.58%.

Grainturk Tarim had a gross margin of 23.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Grainturk Tarim was 31.76%. The lowest was 1.82%. And the median was 18.22%.


Grainturk Tarim Gross Profit Historical Data

The historical data trend for Grainturk Tarim'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.

Grainturk Tarim Gross Profit Chart

Grainturk Tarim Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
7.32 95.39 433.90 478.89

Grainturk Tarim Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.20 17.74 20.58 148.21 292.36

Competitive Comparison of Grainturk Tarim's Gross Profit

For the Farm Products subindustry, Grainturk Tarim'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.


Grainturk Tarim's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grainturk Tarim's Gross Profit distribution charts can be found below:

* The bar in red indicates where Grainturk Tarim's Gross Profit falls into.



Grainturk Tarim Gross Profit Calculation

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

Grainturk Tarim'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
=2272.747 - 1793.857
=479

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1240.068 - 947.712
=292

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 ₺479 Mil.

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

Grainturk Tarim'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
=292 / 1240.068
=23.58 %

* 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.


Grainturk Tarim  (IST:GRTRK) 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

Grainturk Tarim had a gross margin of 23.58% for the quarter that ended in Dec. 2023 => Competition eroding margins


Grainturk Tarim Gross Profit Related Terms

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Grainturk Tarim (IST:GRTRK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

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