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Midwich Group (LSE:MIDW) Gross-Profit-to-Asset % : 33.78% (As of Jun. 2024)


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What is Midwich Group 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. Midwich Group's annualized Gross Profit for the quarter that ended in Jun. 2024 was £224 Mil. Midwich Group's average Total Assets over the quarter that ended in Jun. 2024 was £662 Mil. Therefore, Midwich Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 33.78%.


Midwich Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Midwich Group'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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Midwich Group Gross-Profit-to-Asset % Chart

Midwich Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.32 34.65 38.62 39.37 35.66

Midwich Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross-Profit-to-Asset % 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 36.31 35.35 34.53 37.46 33.78

Competitive Comparison of Midwich Group's Gross-Profit-to-Asset %

For the Electronics & Computer Distribution subindustry, Midwich Group'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.


Midwich Group's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Midwich Group's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Midwich Group's Gross-Profit-to-Asset % falls into.



Midwich Group Gross-Profit-to-Asset % Calculation

Midwich Group'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 )
=216.469/( (559.774+654.465)/ 2 )
=216.469/607.1195
=35.66 %

Midwich Group'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: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=223.53/( (654.465+669.149)/ 2 )
=223.53/661.807
=33.78 %

* 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.

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 two times the semi-annual (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Midwich Group Gross-Profit-to-Asset % Related Terms

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Midwich Group Business Description

Traded in Other Exchanges
Address
Vinces Road, Diss, Norfolk, GBR, IP22 4YT
Midwich Group PLC provides audio-visual (AV) and document solutions to the trade market. The company's product portfolio includes audiovisual categories such as displays, projectors, digital signage, unified communications, and professional audio. It operates in four segments based on its geography: UK & Ireland, EMEA (Europe, Middle East, and Africa), Asia Pacific, and North America in which it generates the majority of revenue from the UK & Ireland.

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