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Grainturk Tarim (IST:GRTRK) Gross Margin % : 23.58% (As of Dec. 2023)


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What is Grainturk Tarim Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Grainturk Tarim's Gross Profit for the three months ended in Dec. 2023 was ₺292 Mil. Grainturk Tarim's Revenue for the three months ended in Dec. 2023 was ₺1,240 Mil. Therefore, Grainturk Tarim's Gross Margin % for the quarter that ended in Dec. 2023 was 23.58%.


The historical rank and industry rank for Grainturk Tarim's Gross Margin % or its related term are showing as below:

IST:GRTRK' s Gross Margin % Range Over the Past 10 Years
Min: 1.82   Med: 18.22   Max: 31.76
Current: 21.07


During the past 4 years, the highest Gross Margin % of Grainturk Tarim was 31.76%. The lowest was 1.82%. And the median was 18.22%.

IST:GRTRK's Gross Margin % is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 25.25 vs IST:GRTRK: 21.07

Grainturk Tarim had a gross margin of 23.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Grainturk Tarim was 0.00% per year.


Grainturk Tarim Gross Margin % Historical Data

The historical data trend for Grainturk Tarim's Gross Margin % 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.

Grainturk Tarim Gross Margin % Chart

Grainturk Tarim Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
1.82 15.36 31.76 21.07

Grainturk Tarim Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.43 8.76 14.35 21.58 23.58

Competitive Comparison of Grainturk Tarim's Gross Margin %

For the Farm Products subindustry, Grainturk Tarim's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Grainturk Tarim's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grainturk Tarim's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grainturk Tarim's Gross Margin % falls into.



Grainturk Tarim Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Grainturk Tarim's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=478.9 / 2272.747
=(Revenue - Cost of Goods Sold) / Revenue
=(2272.747 - 1793.857) / 2272.747
=21.07 %

Grainturk Tarim's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=292.4 / 1240.068
=(Revenue - Cost of Goods Sold) / Revenue
=(1240.068 - 947.712) / 1240.068
=23.58 %

* 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.


Grainturk Tarim  (IST:GRTRK) Gross Margin % 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

Grainturk Tarim had a gross margin of 23.58% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Grainturk Tarim Gross Margin % Related Terms

Thank you for viewing the detailed overview of Grainturk Tarim's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Grainturk Tarim (IST:GRTRK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

Grainturk Tarim (IST:GRTRK) Headlines

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