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Ghabbour Auto (Ghabbour Auto) Gross Profit : $222.90 Mil (TTM As of Dec. 2023)


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What is Ghabbour Auto Gross Profit?

Ghabbour Auto's gross profit for the three months ended in Dec. 2023 was $82.68 Mil. Ghabbour Auto's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $222.90 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ghabbour Auto's gross profit for the three months ended in Dec. 2023 was $82.68 Mil. Ghabbour Auto's Revenue for the three months ended in Dec. 2023 was $284.52 Mil. Therefore, Ghabbour Auto's Gross Margin % for the quarter that ended in Dec. 2023 was 29.06%.

Ghabbour Auto had a gross margin of 29.06% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ghabbour Auto was 27.23%. The lowest was 11.06%. And the median was 14.72%.


Ghabbour Auto Gross Profit Historical Data

The historical data trend for Ghabbour Auto'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.

Ghabbour Auto Gross Profit Chart

Ghabbour Auto 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 237.31 303.57 401.18 329.31 222.72

Ghabbour Auto 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 81.34 34.08 43.28 62.87 82.68

Competitive Comparison of Ghabbour Auto's Gross Profit

For the Auto Manufacturers subindustry, Ghabbour Auto'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.


Ghabbour Auto's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghabbour Auto's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ghabbour Auto's Gross Profit falls into.



Ghabbour Auto Gross Profit Calculation

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

Ghabbour Auto'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
=916.086 - 693.365
=222.72

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=284.52 - 201.844
=82.68

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 $222.90 Mil.

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

Ghabbour Auto'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
=82.68 / 284.52
=29.06 %

* 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.


Ghabbour Auto  (OTCPK:GBAXY) 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

Ghabbour Auto had a gross margin of 29.06% for the quarter that ended in Dec. 2023 => Competition eroding margins


Ghabbour Auto Gross Profit Related Terms

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Ghabbour Auto (Ghabbour Auto) Business Description

Traded in Other Exchanges
Address
Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY
GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.

Ghabbour Auto (Ghabbour Auto) Headlines

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