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Calavo Growers (STU:XGW) Gross Profit : €62.4 Mil (TTM As of Jan. 2024)


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What is Calavo Growers Gross Profit?

Calavo Growers's gross profit for the three months ended in Jan. 2024 was €11.4 Mil. Calavo Growers's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was €62.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Calavo Growers's gross profit for the three months ended in Jan. 2024 was €11.4 Mil. Calavo Growers's Revenue for the three months ended in Jan. 2024 was €117.1 Mil. Therefore, Calavo Growers's Gross Margin % for the quarter that ended in Jan. 2024 was 9.77%.

Calavo Growers had a gross margin of 9.77% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Calavo Growers was 11.49%. The lowest was 5.44%. And the median was 9.53%.

Warning Sign:

Calavo Growers Inc gross margin has been in long-term decline. The average rate of decline per year is -10.7%.


Calavo Growers Gross Profit Historical Data

The historical data trend for Calavo Growers'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.

Calavo Growers Gross Profit Chart

Calavo Growers Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.79 76.41 49.50 74.95 66.25

Calavo Growers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.14 13.71 22.62 14.64 11.45

Competitive Comparison of Calavo Growers's Gross Profit

For the Food Distribution subindustry, Calavo Growers'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.


Calavo Growers's Gross Profit Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Calavo Growers's Gross Profit falls into.



Calavo Growers Gross Profit Calculation

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

Calavo Growers's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=920.435 - 854.187
=66.2

Calavo Growers's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=117.142 - 105.696
=11.4

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €62.4 Mil.

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

Calavo Growers's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.4 / 117.142
=9.77 %

* 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.


Calavo Growers  (STU:XGW) 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

Calavo Growers had a gross margin of 9.77% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Calavo Growers Gross Profit Related Terms

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Calavo Growers (STU:XGW) Business Description

Traded in Other Exchanges
Address
1141-A Cummings Road, Santa Paula, CA, USA, 93060
Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. It sells avocados to a group of supermarket chains, wholesalers, food service and other distributors, under brand labels, as well as private labels. The company procures avocados from California, Mexico and other growing regions around the world. Calavo is segmented into three segments namely, Fresh products; Calavo Foods; and RFG. The company derives its revenue from its Fresh products segment.

Calavo Growers (STU:XGW) Headlines

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