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Central Retail PCL (BKK:CRC) Gross Profit : ฿66,497 Mil (TTM As of Dec. 2023)


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What is Central Retail PCL Gross Profit?

Central Retail PCL's gross profit for the three months ended in Dec. 2023 was ฿18,150 Mil. Central Retail PCL's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ฿66,497 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Central Retail PCL's gross profit for the three months ended in Dec. 2023 was ฿18,150 Mil. Central Retail PCL's Revenue for the three months ended in Dec. 2023 was ฿61,103 Mil. Therefore, Central Retail PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 29.70%.

Central Retail PCL had a gross margin of 29.70% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Central Retail PCL was 30.48%. The lowest was 25.01%. And the median was 28.87%.

Warning Sign:

Central Retail Corp PCL gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Central Retail PCL Gross Profit Historical Data

The historical data trend for Central Retail PCL'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.

* Premium members only.

Central Retail PCL Gross Profit Chart

Central Retail PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 59,152.84 44,999.26 45,944.28 60,251.08 66,496.90

Central Retail PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 17,624.41 16,386.11 15,975.02 15,985.49 18,150.28

Competitive Comparison of Central Retail PCL's Gross Profit

For the Department Stores subindustry, Central Retail PCL'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.


Central Retail PCL's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Central Retail PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Central Retail PCL's Gross Profit falls into.



Central Retail PCL Gross Profit Calculation

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

Central Retail PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=231438.268 - 164941.372
=66,497

Central Retail PCL's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=61102.931 - 42952.653
=18,150

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿66,497 Mil.

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

Central Retail PCL'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=18,150 / 61102.931
=29.70 %

* 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.


Central Retail PCL  (BKK:CRC) 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

Central Retail PCL had a gross margin of 29.70% for the quarter that ended in Dec. 2023 => Competition eroding margins


Central Retail PCL Gross Profit Related Terms

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Central Retail PCL (BKK:CRC) Business Description

Traded in Other Exchanges
Address
22 Soi Somkid, Ploenchit Road, Kwang Lumpini, Khet Phathumvan, Bangkok, THA, 10330
Central Retail Corp PCL is a multi-format & multi-category retailing platform in Thailand. It is a pioneer in omnichannel retailing in Thailand, complementing its retail store network & merchandise offerings with positions among store-based retailers in online traffic. The company uses the Central trademarks, service marks, & tradenames in business operations under certain licensing agreements. The company has introduced new retail formats to the customer, including department stores, specialty stores, supermarkets, hypermarkets, convenience stores & retail plazas. It operates under a diverse slate of retail banners divided into three segments, namely, Hardline, Food Products & Fashion. The majority is generated from Food Products. Geographically, the majority of revenue is from Thailand.

Central Retail PCL (BKK:CRC) Headlines