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Topps Tiles (CHIX:TPTL) Gross Profit : £136.7 Mil (TTM As of Mar. 2024)


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What is Topps Tiles Gross Profit?

Topps Tiles's gross profit for the six months ended in Mar. 2024 was £66.2 Mil. Topps Tiles's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was £136.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Topps Tiles's gross profit for the six months ended in Mar. 2024 was £66.2 Mil. Topps Tiles's Revenue for the six months ended in Mar. 2024 was £122.8 Mil. Therefore, Topps Tiles's Gross Margin % for the quarter that ended in Mar. 2024 was 53.95%.

Topps Tiles had a gross margin of 53.95% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Topps Tiles was 61.94%. The lowest was 53.00%. And the median was 60.97%.

Warning Sign:

Topps Tiles PLC gross margin has been in long-term decline. The average rate of decline per year is -3%.


Topps Tiles Gross Profit Historical Data

The historical data trend for Topps Tiles'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.

Topps Tiles Gross Profit Chart

Topps Tiles Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.95 112.81 130.70 135.42 139.25

Topps Tiles Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 66.86 68.57 68.74 70.51 66.23

Competitive Comparison of Topps Tiles's Gross Profit

For the Home Improvement Retail subindustry, Topps Tiles'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.


Topps Tiles's Gross Profit Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Topps Tiles's Gross Profit falls into.



Topps Tiles Gross Profit Calculation

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

Topps Tiles's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=262.714 - 123.466
=139.2

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=122.774 - 56.542
=66.2

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 £136.7 Mil.

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

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

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=66.2 / 122.774
=53.95 %

* 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.


Topps Tiles  (CHIX:TPTl) 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

Topps Tiles had a gross margin of 53.95% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Topps Tiles Gross Profit Related Terms

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Topps Tiles (CHIX:TPTL) Business Description

Traded in Other Exchanges
Address
Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU
Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

Topps Tiles (CHIX:TPTL) Headlines

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