Switch to:
SPDR Gold Trust  (ARCA:GLD) Gross Profit: $0.00 Mil (TTM As of . 20)

SPDR Gold Trust's gross profit for the six months ended in . 20 was $0.00 Mil. SPDR Gold Trust's gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SPDR Gold Trust's gross profit for the six months ended in . 20 was $0.00 Mil. SPDR Gold Trust's Revenue for the six months ended in . 20 was $0.00 Mil. Therefore, SPDR Gold Trust's Gross Margin % for the quarter that ended in . 20 was %.

SPDR Gold Trust had a gross margin of % for the quarter that ended in . 20 => No sustainable competitive advantage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

SPDR Gold Trust Annual Data

Gross Profit

SPDR Gold Trust Semi-Annual Data

Gross Profit

Competitive Comparison
* 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.


Calculation

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

SPDR Gold Trust's Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

SPDR Gold Trust's Gross Profit for the quarter that ended in . 20 is calculated as

Gross Profit (Q: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

For stock reported semi-annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

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

SPDR Gold Trust's Gross Margin % for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
= %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


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

SPDR Gold Trust had a gross margin of % for the quarter that ended in . 20 => No sustainable competitive advantage


Related Terms


Headlines

From the Internet

GLD
Silver Really Lagging Behind Gold

- Seekingalpha 2017-10-17 13:49:06

GLD
Gold Dividend Growth Investor

- Seekingalpha 2017-10-17 13:25:05

GLD
Market Volatility Bulletin Options Skew Near Time High

- Seekingalpha 2017-10-17 12:54:11

GLD
Gold prices lose grip on $1,300 level

- MarketWatch 2017-10-17 11:23:00

GLD
Gold Weekly Bullish

- Seekingalpha 2017-10-17 11:03:12

GLD
Sentiment Speaks Gold Dangerous Spot

- Seekingalpha 2017-10-17 08:00:07

GLD
Car Manufacturers Electrifying Copper The Metal Future

- Seekingalpha 2017-10-17 01:47:52

GLD
Gold Cautious Now

- Seekingalpha 2017-10-16 22:27:35

GLD
Fed Minutes Buoy Gold Everything Still Rosy Seems

- Seekingalpha 2017-10-16 08:45:44

GLD
Bitcoin Charting Path Higher

- Seekingalpha 2017-10-16 08:39:52

GLD
Holiday India Means Demand Gold Will Rise

- Seekingalpha 2017-10-16 08:34:07

GLD
Dual Momentum October Update

- Seekingalpha 2017-10-16 07:48:03

GLD
Gold Stock Market Yield Curve

- Seekingalpha 2017-10-16 06:25:28

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK