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Australian Agricultural Co (Australian Agricultural Co) Gross Profit : $-15.0 Mil (TTM As of Sep. 2023)


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What is Australian Agricultural Co Gross Profit?

Australian Agricultural Co's gross profit for the six months ended in Sep. 2023 was $-33.3 Mil. Australian Agricultural Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $-15.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Australian Agricultural Co's gross profit for the six months ended in Sep. 2023 was $-33.3 Mil. Australian Agricultural Co's Revenue for the six months ended in Sep. 2023 was $107.4 Mil. Therefore, Australian Agricultural Co's Gross Margin % for the quarter that ended in Sep. 2023 was -31.00%.

Australian Agricultural Co had a gross margin of -31.00% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Australian Agricultural Co was 124.34%. The lowest was -17.57%. And the median was 7.13%.


Australian Agricultural Co Gross Profit Historical Data

The historical data trend for Australian Agricultural Co'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.

Australian Agricultural Co Gross Profit Chart

Australian Agricultural Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.97 118.62 149.25 253.14 124.74

Australian Agricultural Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 137.81 114.11 106.36 18.31 -33.29

Competitive Comparison of Australian Agricultural Co's Gross Profit

For the Farm Products subindustry, Australian Agricultural Co'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.


Australian Agricultural Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Australian Agricultural Co's Gross Profit falls into.



Australian Agricultural Co Gross Profit Calculation

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

Australian Agricultural Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=209.228 - 84.492
=124.7

Australian Agricultural Co's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=107.38 - 140.67
=-33.3

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-15.0 Mil.

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

Australian Agricultural Co's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-33.3 / 107.38
=-31.00 %

* 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.


Australian Agricultural Co  (OTCPK:ASAGF) 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

Australian Agricultural Co had a gross margin of -31.00% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Australian Agricultural Co Gross Profit Related Terms

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Australian Agricultural Co (Australian Agricultural Co) Business Description

Traded in Other Exchanges
Address
76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006
Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.