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Union Coop (DFM:UNIONCOOP) Gross Profit : د.إ272 Mil (TTM As of Dec. 2023)


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What is Union Coop Gross Profit?

Union Coop's gross profit for the six months ended in Dec. 2023 was د.إ-75 Mil. Union Coop's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ272 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Union Coop's gross profit for the six months ended in Dec. 2023 was د.إ-75 Mil. Union Coop's Revenue for the six months ended in Dec. 2023 was د.إ859 Mil. Therefore, Union Coop's Gross Margin % for the quarter that ended in Dec. 2023 was -8.73%.

Union Coop had a gross margin of -8.73% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Union Coop was 38.21%. The lowest was 15.31%. And the median was 25.77%.


Union Coop Gross Profit Historical Data

The historical data trend for Union Coop'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.

Union Coop Gross Profit Chart

Union Coop Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
773.06 762.84 307.96 272.00

Union Coop Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial - 394.64 -86.68 346.92 -74.92

Competitive Comparison of Union Coop's Gross Profit

For the Department Stores subindustry, Union Coop'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.


Union Coop's Gross Profit Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Union Coop's Gross Profit falls into.



Union Coop Gross Profit Calculation

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

Union Coop'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
=1777.176 - 1505.179
=272

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=858.605 - 933.529
=-75

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ272 Mil.

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

Union Coop'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
=-75 / 858.605
=-8.73 %

* 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.


Union Coop  (DFM:UNIONCOOP) 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

Union Coop had a gross margin of -8.73% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Union Coop Gross Profit Related Terms

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Union Coop (DFM:UNIONCOOP) Business Description

Traded in Other Exchanges
N/A
Address
The Tripoli Street, Al Warqa - 3, Dubai, ARE
Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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