GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Agri-Resources Ltd (OTCPK:GARPY) » Definitions » Gross Profit

GARPY (Golden Agri-Resources) Gross Profit : $1,889 Mil (TTM As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Golden Agri-Resources Gross Profit?

Golden Agri-Resources's gross profit for the six months ended in Jun. 2024 was $920 Mil. Golden Agri-Resources's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $1,889 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Golden Agri-Resources's gross profit for the six months ended in Jun. 2024 was $920 Mil. Golden Agri-Resources's Revenue for the six months ended in Jun. 2024 was $5,142 Mil. Therefore, Golden Agri-Resources's Gross Margin % for the quarter that ended in Jun. 2024 was 17.89%.

Golden Agri-Resources had a gross margin of 17.89% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Golden Agri-Resources was 26.45%. The lowest was 12.93%. And the median was 15.44%.


Golden Agri-Resources Gross Profit Historical Data

The historical data trend for Golden Agri-Resources'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.

Golden Agri-Resources Gross Profit Chart

Golden Agri-Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 831.47 1,150.04 2,354.61 3,025.58 1,851.30

Golden Agri-Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,369.45 1,656.13 882.28 969.02 919.99

Competitive Comparison of Golden Agri-Resources's Gross Profit

For the Farm Products subindustry, Golden Agri-Resources'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.


Golden Agri-Resources's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Agri-Resources's Gross Profit distribution charts can be found below:

* The bar in red indicates where Golden Agri-Resources's Gross Profit falls into.



Golden Agri-Resources Gross Profit Calculation

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

Golden Agri-Resources'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
=9756.197 - 7904.901
=1,851

Golden Agri-Resources's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=5141.882 - 4221.895
=920

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,889 Mil.

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

Golden Agri-Resources's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=920 / 5141.882
=17.89 %

* 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.


Golden Agri-Resources  (OTCPK:GARPY) 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

Golden Agri-Resources had a gross margin of 17.89% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage


Golden Agri-Resources Gross Profit Related Terms

Thank you for viewing the detailed overview of Golden Agri-Resources's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Golden Agri-Resources Business Description

Traded in Other Exchanges
Address
C/o IQ EQ Corporate Services (Mauritius) Ltd, 33 Edith Cavell Street, Port Louis, MUS, 11324
Golden Agri-Resources Ltd is an integrated palm oil plantation company. It operates through two segments namely Plantations and palm oil mills, and Palm, laurics, and others. The plantation and palm oil mills segment comprises the products from the upstream business. The Palm, laurics and others comprise the processing and merchandising of palm and oilseed-based products i.e. bulk, branded, oleo-chemicals and other vegetable oils. The majority of the revenue is generated from the Palm, laurics and other segments.

Golden Agri-Resources Headlines