Tanachira Retail PCL (BKK:TAN) Gross Profit : ฿907 Mil (TTM As of Jun. 2023)

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What is Tanachira Retail PCL Gross Profit?

Tanachira Retail PCL's gross profit for the six months ended in Jun. 2023 was ฿426 Mil. Tanachira Retail PCL's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was ฿907 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tanachira Retail PCL's gross profit for the six months ended in Jun. 2023 was ฿426 Mil. Tanachira Retail PCL's Revenue for the six months ended in Jun. 2023 was ฿663 Mil. Therefore, Tanachira Retail PCL's Gross Margin % for the quarter that ended in Jun. 2023 was 64.19%.

Tanachira Retail PCL had a gross margin of 64.19% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Tanachira Retail PCL was 64.10%. The lowest was 53.99%. And the median was 56.97%.

Tanachira Retail PCL Gross Profit Historical Data

The historical data trend for Tanachira 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.

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Tanachira Retail PCL Gross Profit Chart

Tanachira Retail PCL Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Profit

496.85

413.83

756.98

906.78

Tanachira Retail PCL Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Profit	Get a 7-Day Free Trial			-	315.36	441.62	425.71	481.07

Competitive Comparison of Tanachira Retail PCL's Gross Profit

For the Luxury Goods subindustry, Tanachira 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.

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

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

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

Tanachira Retail PCL Gross Profit Calculation

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

Tanachira 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
	=	1414.558	-	507.783
	=	907

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

Gross Profit (Q: Jun. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	663.22	-	237.51
	=	426

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ฿907 Mil.

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

Tanachira Retail PCL's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	426	/	663.22
	=	64.19 %

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.

Tanachira Retail PCL (BKK:TAN) 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

Tanachira Retail PCL had a gross margin of 64.19% for the quarter that ended in Jun. 2023 => Durable competitive advantage

Tanachira Retail PCL Gross Profit Related Terms

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Tanachira Retail PCL (BKK:TAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tanachira Retail Corp PCL (BKK:TAN) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

999/9 Rama 1 Road, Room OFMH 2807 & 2812, 28th floor, The Offices at Central World, Patumwan, Bangkok, THA, 10330

Website

https://www.tanachira.co.th

Tanachira Retail Corp PCL is a Thailand based retailer importing lifestyle and fashion products. It is principally engaged in the distribution of diamond jewelry, gemstone jewelry and gems and also provides other products and services through its different brands. Based on its products and services the company has the following reportable segments, The jewelry segment, Leather goods, bags, shoes, clothes, furniture and home decorations. Import, export and distribution of clothing, bags and miscellaneous goods, and the incense segment which includes distribution and export of incense, skin care products and provision of spa services. The substantial portion of company's overall revenue is generated from its jewelry segment.