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Convertidora IndustrialB de CV (MEX:CONVERA) Gross Profit : MXN332 Mil (TTM As of Dec. 2024)


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What is Convertidora IndustrialB de CV Gross Profit?

Convertidora IndustrialB de CV's gross profit for the three months ended in Dec. 2024 was MXN100 Mil. Convertidora IndustrialB de CV's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was MXN332 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Convertidora IndustrialB de CV's gross profit for the three months ended in Dec. 2024 was MXN100 Mil. Convertidora IndustrialB de CV's Revenue for the three months ended in Dec. 2024 was MXN439 Mil. Therefore, Convertidora IndustrialB de CV's Gross Margin % for the quarter that ended in Dec. 2024 was 22.68%.

Convertidora IndustrialB de CV had a gross margin of 22.68% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Convertidora IndustrialB de CV was 26.19%. The lowest was 19.64%. And the median was 21.16%.

Warning Sign:

Convertidora Industrial SAB de CV gross margin has been in long-term decline. The average rate of decline per year is -3%.


Convertidora IndustrialB de CV Gross Profit Historical Data

The historical data trend for Convertidora IndustrialB de CV'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.

Convertidora IndustrialB de CV Gross Profit Chart

Convertidora IndustrialB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 415.72 536.00 357.14 315.22 332.13

Convertidora IndustrialB de CV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 67.85 82.91 67.34 81.71 99.57

Competitive Comparison of Convertidora IndustrialB de CV's Gross Profit

For the Packaging & Containers subindustry, Convertidora IndustrialB de CV'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.


Convertidora IndustrialB de CV's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Convertidora IndustrialB de CV's Gross Profit distribution charts can be found below:

* The bar in red indicates where Convertidora IndustrialB de CV's Gross Profit falls into.


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Convertidora IndustrialB de CV Gross Profit Calculation

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

Convertidora IndustrialB de CV's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=1585.981 - 1253.852
=332

Convertidora IndustrialB de CV's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=438.971 - 339.406
=100

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN332 Mil.

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

Convertidora IndustrialB de CV's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=100 / 438.971
=22.68 %

* 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.


Convertidora IndustrialB de CV  (MEX:CONVERA) 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

Convertidora IndustrialB de CV had a gross margin of 22.68% for the quarter that ended in Dec. 2024 => Competition eroding margins


Convertidora IndustrialB de CV Gross Profit Related Terms

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Convertidora IndustrialB de CV Business Description

Traded in Other Exchanges
N/A
Address
Rio de la Lonza 2073, Atlas, Jalisco, Guadalajara, MEX, 44800
Convertidora Industrial SAB de CV is a Mexico-based company engaged in the production and distribution of plastic film for food packaging and articles for party's decorations.

Convertidora IndustrialB de CV Headlines

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