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Jahez International Co for Information and Technology (SAU:9526) Gross Profit : ﷼406 Mil (TTM As of Dec. 2023)


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What is Jahez International Co for Information and Technology Gross Profit?

Jahez International Co for Information and Technology's gross profit for the six months ended in Dec. 2023 was ﷼221 Mil. Jahez International Co for Information and Technology's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼406 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jahez International Co for Information and Technology's gross profit for the six months ended in Dec. 2023 was ﷼221 Mil. Jahez International Co for Information and Technology's Revenue for the six months ended in Dec. 2023 was ﷼949 Mil. Therefore, Jahez International Co for Information and Technology's Gross Margin % for the quarter that ended in Dec. 2023 was 23.30%.

Jahez International Co for Information and Technology had a gross margin of 23.30% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of Jahez International Co for Information and Technology was 22.74%. The lowest was 21.17%. And the median was 22.41%.


Jahez International Co for Information and Technology Gross Profit Historical Data

The historical data trend for Jahez International Co for Information and Technology'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.

Jahez International Co for Information and Technology Gross Profit Chart

Jahez International Co for Information and Technology Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
245.53 359.18 405.88

Jahez International Co for Information and Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial 151.26 168.81 190.37 184.71 221.16

Competitive Comparison of Jahez International Co for Information and Technology's Gross Profit

For the Internet Retail subindustry, Jahez International Co for Information and Technology'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.


Jahez International Co for Information and Technology's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jahez International Co for Information and Technology's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jahez International Co for Information and Technology's Gross Profit falls into.



Jahez International Co for Information and Technology Gross Profit Calculation

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

Jahez International Co for Information and Technology'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
=1784.755 - 1378.877
=406

Jahez International Co for Information and Technology's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=949.14 - 727.976
=221

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼406 Mil.

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

Jahez International Co for Information and Technology'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
=221 / 949.14
=23.30 %

* 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.


Jahez International Co for Information and Technology  (SAU:9526) 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

Jahez International Co for Information and Technology had a gross margin of 23.30% for the quarter that ended in Dec. 2023 => Competition eroding margins


Jahez International Co for Information and Technology Gross Profit Related Terms

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Jahez International Co for Information and Technology (SAU:9526) Business Description

Traded in Other Exchanges
N/A
Address
2065, King Abdullah bin Abdulaziz Road, P.O. Box 2065, Al-Waha District 8594, Riyadh, SAU, 12444
Jahez International Co for Information and Technology operates as an online food delivery platform, connecting users, merchants, and delivery partners across the Kingdom. It engages in providing wireless data services, systems analysis, designing and programming software and providing delivery services via e-platforms.

Jahez International Co for Information and Technology (SAU:9526) Headlines

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