WG Wearne (JSE:WEA) Gross Profit : R45.8 Mil (TTM As of Aug. 2017)

WG Wearne Gross Profit Chart

WG Wearne Annual Data
	Trend	Feb08	Feb09	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17
Gross Profit		Get a 7-Day Free Trial					84.52	91.86	99.21	108.10	41.80

WG Wearne Semi-Annual Data
	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Gross Profit	Get a 7-Day Free Trial															56.35	51.74	50.27	-8.48	54.23

Competitive Comparison of WG Wearne's Gross Profit

For the Building Materials subindustry, WG Wearne'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.

WG Wearne's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WG Wearne's Gross Profit distribution charts can be found below:

* The bar in red indicates where WG Wearne's Gross Profit falls into.

WG Wearne Gross Profit Calculation

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

WG Wearne's Gross Profit for the fiscal year that ended in Feb. 2017 is calculated as

WG Wearne's Gross Profit for the quarter that ended in Aug. 2017 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Aug. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was R45.8 Mil.

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

WG Wearne's Gross Margin % for the quarter that ended in Aug. 2017 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.

WG Wearne  (JSE:WEA) 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

WG Wearne had a gross margin of 25.43% for the quarter that ended in Aug. 2017 => Competition eroding margins

WG Wearne Gross Profit Related Terms

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WG Wearne (JSE:WEA) Business Description