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Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO) Gross Profit : ₺26.7 Mil (TTM As of Sep. 2023)


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What is Koray Gayrimenkul Yatirim Ortakligi AS Gross Profit?

Koray Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Sep. 2023 was ₺7.5 Mil. Koray Gayrimenkul Yatirim Ortakligi AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₺26.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Koray Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Sep. 2023 was ₺7.5 Mil. Koray Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Sep. 2023 was ₺46.1 Mil. Therefore, Koray Gayrimenkul Yatirim Ortakligi AS's Gross Margin % for the quarter that ended in Sep. 2023 was 16.26%.

Koray Gayrimenkul Yatirim Ortakligi AS had a gross margin of 16.26% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Koray Gayrimenkul Yatirim Ortakligi AS was 21.80%. The lowest was 11.23%. And the median was 17.82%.

Warning Sign:

Koray Gayrimenkul Yatirim Ortakligi AS gross margin has been in long-term decline. The average rate of decline per year is -3%.


Koray Gayrimenkul Yatirim Ortakligi AS Gross Profit Historical Data

The historical data trend for Koray Gayrimenkul Yatirim Ortakligi AS'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.

Koray Gayrimenkul Yatirim Ortakligi AS Gross Profit Chart

Koray Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.55 10.31 10.50 12.55 18.72

Koray Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 5.00 5.76 5.39 8.05 7.49

Competitive Comparison of Koray Gayrimenkul Yatirim Ortakligi AS's Gross Profit

For the REIT - Diversified subindustry, Koray Gayrimenkul Yatirim Ortakligi AS'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.


Koray Gayrimenkul Yatirim Ortakligi AS's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Koray Gayrimenkul Yatirim Ortakligi AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Koray Gayrimenkul Yatirim Ortakligi AS's Gross Profit falls into.



Koray Gayrimenkul Yatirim Ortakligi AS Gross Profit Calculation

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

Koray Gayrimenkul Yatirim Ortakligi AS's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=121.445 - 102.722
=18.7

Koray Gayrimenkul Yatirim Ortakligi AS's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=46.059 - 38.572
=7.5

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺26.7 Mil.

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

Koray Gayrimenkul Yatirim Ortakligi AS'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
=7.5 / 46.059
=16.26 %

* 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.


Koray Gayrimenkul Yatirim Ortakligi AS  (IST:KGYO) 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

Koray Gayrimenkul Yatirim Ortakligi AS had a gross margin of 16.26% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


Koray Gayrimenkul Yatirim Ortakligi AS Gross Profit Related Terms

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Koray Gayrimenkul Yatirim Ortakligi AS (IST:KGYO) Business Description

Traded in Other Exchanges
N/A
Address
Levent Mah. Comert Sk., Yapi Kredi Plaza Sitesi B Blok No:1B Kat 10 Ic Kapi No:26, Besiktas, Istanbul, TUR, 34363
Koray Gayrimenkul Yatirim Ortakligi AS is a real estate investment company. It is engaged in owning, managing, and developing commercial and residential projects such as office buildings, shopping malls, and residential communities.

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