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Olympic Industries (DHA:OLYMPIC) Gross Profit : BDT6,434 Mil (TTM As of Sep. 2024)


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What is Olympic Industries Gross Profit?

Olympic Industries's gross profit for the three months ended in Sep. 2024 was BDT1,894 Mil. Olympic Industries's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was BDT6,434 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Olympic Industries's gross profit for the three months ended in Sep. 2024 was BDT1,894 Mil. Olympic Industries's Revenue for the three months ended in Sep. 2024 was BDT7,536 Mil. Therefore, Olympic Industries's Gross Margin % for the quarter that ended in Sep. 2024 was 25.14%.

Olympic Industries had a gross margin of 25.14% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 12 years, the highest Gross Margin % of Olympic Industries was 33.66%. The lowest was 22.95%. And the median was 30.83%.

Warning Sign:

Olympic Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.6%.


Olympic Industries Gross Profit Historical Data

The historical data trend for Olympic Industries'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.

Olympic Industries Gross Profit Chart

Olympic Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,068.50 5,281.12 4,920.37 6,127.19 6,170.74

Olympic Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,631.30 1,699.89 1,603.95 1,235.60 1,894.24

Competitive Comparison of Olympic Industries's Gross Profit

For the Confectioners subindustry, Olympic Industries'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.


Olympic Industries's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Olympic Industries's Gross Profit distribution charts can be found below:

* The bar in red indicates where Olympic Industries's Gross Profit falls into.



Olympic Industries Gross Profit Calculation

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

Olympic Industries's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=25928.816 - 19758.077
=6,171

Olympic Industries's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=7535.842 - 5641.603
=1,894

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT6,434 Mil.

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

Olympic Industries's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,894 / 7535.842
=25.14 %

* 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.


Olympic Industries  (DHA:OLYMPIC) 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

Olympic Industries had a gross margin of 25.14% for the quarter that ended in Sep. 2024 => Competition eroding margins


Olympic Industries Gross Profit Related Terms

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Olympic Industries Business Description

Traded in Other Exchanges
N/A
Address
Amin Court, 6th Floor, 62-63, Motijheel Commercial Area, Dhaka, BGD, 1000
Olympic Industries Ltd is a manufacturer, distributor, and marketer of biscuits and fast-moving consumer goods in Bangladesh. The company's products are distributed into biscuits including Energy Plus, Coconut Plus, First Choice, Crack Jack, Tim Tim, Marie Gold, and Namkin among others; cookies and bakery including Badami cookies, dry cake, and daily toast; confectionery including Green Mango, Ripe Mango, cool, energy, among others and batteries that include Olympic Gold, Olympic Laser, Olympic Heavy Duty, among others. It has two business units namely Battery and Biscuit, confectionery, bakery & snacks. The majority of its revenue is derived from the Biscuit, confectionery, bakery & snacks division.

Olympic Industries Headlines

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