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Hayleys Fabric (COL:MGT.N0000) Gross Profit : රු9,140 Mil (TTM As of Mar. 2024)


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What is Hayleys Fabric Gross Profit?

Hayleys Fabric's gross profit for the three months ended in Mar. 2024 was රු1,875 Mil. Hayleys Fabric's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was රු9,140 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hayleys Fabric's gross profit for the three months ended in Mar. 2024 was රු1,875 Mil. Hayleys Fabric's Revenue for the three months ended in Mar. 2024 was රු9,224 Mil. Therefore, Hayleys Fabric's Gross Margin % for the quarter that ended in Mar. 2024 was 20.32%.

Hayleys Fabric had a gross margin of 20.32% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hayleys Fabric was 18.78%. The lowest was 10.46%. And the median was 12.73%.


Hayleys Fabric Gross Profit Historical Data

The historical data trend for Hayleys Fabric'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.

Hayleys Fabric Gross Profit Chart

Hayleys Fabric Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,604.36 2,080.44 4,941.61 7,005.94 8,893.98

Hayleys Fabric Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1,888.36 2,629.59 2,715.38 1,920.40 1,874.70

Competitive Comparison of Hayleys Fabric's Gross Profit

For the Textile Manufacturing subindustry, Hayleys Fabric'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.


Hayleys Fabric's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hayleys Fabric's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hayleys Fabric's Gross Profit falls into.



Hayleys Fabric Gross Profit Calculation

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

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

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=47348.112 - 38454.128
=8,894

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=9224.418 - 7349.722
=1,875

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු9,140 Mil.

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

Hayleys Fabric'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
=1,875 / 9224.418
=20.32 %

* 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.


Hayleys Fabric  (COL:MGT.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

Hayleys Fabric had a gross margin of 20.32% for the quarter that ended in Mar. 2024 => Competition eroding margins


Hayleys Fabric Gross Profit Related Terms

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Hayleys Fabric (COL:MGT.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Narthupana Estate, Neboda, LKA
Hayleys Fabric PLC is engaged in manufacturing, distribution, and trading of Fabric materials and related products. In addition, the company also provides services like circular knitting of fabric, fabric dyeing and finishing, fabric printing, brushing, and sueding. The company product portfolio includes products like diversified weft knit, polyester fabrics, nylon fabric, and various other fabric products. The company possesses market recognition under the brand name INNO. Most of its revenue comes from the Sri Lankan market.

Hayleys Fabric (COL:MGT.N0000) Headlines

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