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Best & Less Group holdings (ASX:BST) Gross Profit : A$308.1 Mil (TTM As of Dec. 2022)


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What is Best & Less Group holdings Gross Profit?

Best & Less Group holdings's gross profit for the six months ended in Dec. 2022 was A$150.9 Mil. Best & Less Group holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was A$308.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Best & Less Group holdings's gross profit for the six months ended in Dec. 2022 was A$150.9 Mil. Best & Less Group holdings's Revenue for the six months ended in Dec. 2022 was A$324.8 Mil. Therefore, Best & Less Group holdings's Gross Margin % for the quarter that ended in Dec. 2022 was 46.48%.

Best & Less Group holdings had a gross margin of 46.48% for the quarter that ended in Dec. 2022 => Durable competitive advantage


Best & Less Group holdings Gross Profit Historical Data

The historical data trend for Best & Less Group holdings'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.

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Best & Less Group holdings Gross Profit Chart

Best & Less Group holdings Annual Data
Trend Jun22
Gross Profit
301.08

Best & Less Group holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22
Gross Profit - 143.87 157.20 150.95

Competitive Comparison of Best & Less Group holdings's Gross Profit

For the Apparel Retail subindustry, Best & Less Group holdings'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.


Best & Less Group holdings's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Best & Less Group holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Best & Less Group holdings's Gross Profit falls into.


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Best & Less Group holdings Gross Profit Calculation

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

Best & Less Group holdings's Gross Profit for the fiscal year that ended in Jun. 2022 is calculated as

Gross Profit (A: Jun. 2022 )=Revenue - Cost of Goods Sold
=622.181 - 321.106
=301.1

Best & Less Group holdings's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=324.781 - 173.835
=150.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$308.1 Mil.

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

Best & Less Group holdings's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=150.9 / 324.781
=46.48 %

* 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.


Best & Less Group holdings  (ASX:BST) 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

Best & Less Group holdings had a gross margin of 46.48% for the quarter that ended in Dec. 2022 => Durable competitive advantage


Best & Less Group holdings Gross Profit Related Terms

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Best & Less Group holdings Business Description

Traded in Other Exchanges
N/A
Address
657-673 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040
Best & Less Group holdings Ltd is a holding company for an Australia and New Zealand-based value apparel retail business operating under the Best and Less brand in Australia. It generates revenue from the sale of clothing, footwear, and general merchandise, including online sales.