Migros Ticaret AS (IST:MGROS) Gross-Profit-to-Asset % : 52.53% (As of Jun. 2024)

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What is Migros Ticaret AS Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Migros Ticaret AS's annualized Gross Profit for the quarter that ended in Jun. 2024 was ₺58,824 Mil. Migros Ticaret AS's average Total Assets over the quarter that ended in Jun. 2024 was ₺111,986 Mil. Therefore, Migros Ticaret AS's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 52.53%.

Migros Ticaret AS Gross-Profit-to-Asset % Historical Data

The historical data trend for Migros Ticaret AS's Gross-Profit-to-Asset % 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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Migros Ticaret AS Gross-Profit-to-Asset % Chart

Migros Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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49.54

46.39

52.30

52.69

39.14

Migros Ticaret AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															107.05	77.79	53.75	43.17	52.53

Competitive Comparison of Migros Ticaret AS's Gross-Profit-to-Asset %

For the Grocery Stores subindustry, Migros Ticaret AS's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Migros Ticaret AS's Gross-Profit-to-Asset % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Migros Ticaret AS's Gross-Profit-to-Asset % falls into.

Migros Ticaret AS Gross-Profit-to-Asset % Calculation

Migros Ticaret AS's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	34002.933	/	( (81620.198	+	92129.481)	/ 2 )
	=	34002.933	/	86874.8395
	=	39.14 %

Migros Ticaret AS's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	58824.424	/	( (105494.545	+	118477.553)	/ 2 )
	=	58824.424	/	111986.049
	=	52.53 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Migros Ticaret AS Gross-Profit-to-Asset % Related Terms

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Migros Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Migros Ticaret AS (IST:MGROS) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758

Website

http://www.migroskurumsal.com

Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Ticaret AS Headlines

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