Oceania Healthcare (ASX:OCA) Gross Profit : A$245.6 Mil (TTM As of Mar. 2024)

Oceania Healthcare Gross Profit Chart

Oceania Healthcare Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross Profit	Get a 7-Day Free Trial									109.16	108.32	116.29	121.47	124.16

Competitive Comparison of Oceania Healthcare's Gross Profit

For the Medical Care Facilities subindustry, Oceania Healthcare'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.

Oceania Healthcare's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oceania Healthcare's Gross Profit distribution charts can be found below:

* The bar in red indicates where Oceania Healthcare's Gross Profit falls into.

Oceania Healthcare Gross Profit Calculation

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

Oceania Healthcare's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Oceania Healthcare's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$245.6 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Oceania Healthcare's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

* 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.

Oceania Healthcare  (ASX:OCA) 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

Oceania Healthcare had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

Oceania Healthcare Gross Profit Related Terms

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Oceania Healthcare (ASX:OCA) Business Description