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ACL Cables (COL:ACL.N0000) Gross Profit : රු7,019 Mil (TTM As of Dec. 2023)


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What is ACL Cables Gross Profit?

ACL Cables's gross profit for the three months ended in Dec. 2023 was රු1,983 Mil. ACL Cables's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was රු7,019 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ACL Cables's gross profit for the three months ended in Dec. 2023 was රු1,983 Mil. ACL Cables's Revenue for the three months ended in Dec. 2023 was රු8,181 Mil. Therefore, ACL Cables's Gross Margin % for the quarter that ended in Dec. 2023 was 24.24%.

ACL Cables had a gross margin of 24.24% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of ACL Cables was 36.45%. The lowest was 15.21%. And the median was 17.73%.


ACL Cables Gross Profit Historical Data

The historical data trend for ACL Cables'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.

ACL Cables Gross Profit Chart

ACL Cables Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,765.41 3,323.32 3,840.17 7,932.14 10,988.28

ACL Cables 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 2,296.58 1,577.95 1,580.42 1,878.02 1,982.97

Competitive Comparison of ACL Cables's Gross Profit

For the Electrical Equipment & Parts subindustry, ACL Cables'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.


ACL Cables's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ACL Cables's Gross Profit distribution charts can be found below:

* The bar in red indicates where ACL Cables's Gross Profit falls into.



ACL Cables Gross Profit Calculation

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

ACL Cables's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=30146.826 - 19158.542
=10,988

ACL Cables's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=8180.684 - 6197.714
=1,983

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 රු7,019 Mil.

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

ACL Cables'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
=1,983 / 8180.684
=24.24 %

* 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.


ACL Cables  (COL:ACL.N0000) 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

ACL Cables had a gross margin of 24.24% for the quarter that ended in Dec. 2023 => Competition eroding margins


ACL Cables Gross Profit Related Terms

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ACL Cables (COL:ACL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 60, Rodney Street, Colombo, LKA, 08
ACL Cables PLC is engaged in the manufacturing of cables and conductors. The company's operating segment includes Manufacturing cables; Manufacturing Polyvinyl chloride (PVC) compound and Others. It generates maximum revenue from the Manufacturing cables segment. Geographically, it derives a majority of revenue from Sri Lanka. Some of the products include building wires, control cables, service wires, telecommunication cables, auto cables, flexible cables, switches, sockets, fans, low voltage switch series, and others.

ACL Cables (COL:ACL.N0000) Headlines

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