Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Tax Rate % : 19.03% (As of Dec. 2023)

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What is Betterware de MexicoPI de CV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Betterware de MexicoPI de CV's Tax Expense for the three months ended in Dec. 2023 was $5.6 Mil. Betterware de MexicoPI de CV's Pre-Tax Income for the three months ended in Dec. 2023 was $29.6 Mil. Therefore, Betterware de MexicoPI de CV's Tax Rate % for the quarter that ended in Dec. 2023 was 19.03%.

Betterware de MexicoPI de CV Tax Rate % Historical Data

The historical data trend for Betterware de MexicoPI de CV's Tax Rate % 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.

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Betterware de MexicoPI de CV Tax Rate % Chart

Betterware de MexicoPI de CV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.01

63.79

31.79

37.27

26.86

Betterware de MexicoPI de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															4.98	37.28	32.95	20.27	19.03

Betterware de MexicoPI de CV Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Betterware de MexicoPI de CV's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	22.645	/	84.311
	=	26.86 %

Betterware de MexicoPI de CV's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	5.629	/	29.572
	=	19.03 %

Betterware de MexicoPI de CV Tax Rate % Related Terms

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Betterware de MexicoPI de CV (Betterware de MexicoPI de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Betterware de Mexico SAPI de CV (NAS:BWMX) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BM0:Germany

Address

Luis Enrique Williams 549, Colonia Belenes Norte, Zapopan, JAL, MEX, 45145

Website

https://www.betterware.com.mx

Betterware de Mexico SAPI de CV is a direct-to-consumer selling company. The company operates through two business segments: the home organization products (Betterware segment or BWM segment) and the beauty and personal care products (B and PC) (JAFRA segment). The Betterware's segment is divided in six categories of the home organization: i) Kitchen and food preservation, ii) Home solutions, iii) Bedroom, iv) Bathroom, v) Laundry and Cleaning and vi) Tech and mobility. The JAFRA's segment is divided in four categories of the beauty and personal care: i) fragrance, ii) color, iii) skin care and iv) toiletries. The company's segments products are sold in twelve catalogs published throughout the year. The company operates mainly in Mexico and the United States.