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Grainturk Holding AS (IST:GRTHO) Gross Profit : ₺760 Mil (TTM As of Sep. 2024)


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What is Grainturk Holding AS Gross Profit?

Grainturk Holding AS's gross profit for the three months ended in Sep. 2024 was ₺144 Mil. Grainturk Holding AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ₺760 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Grainturk Holding AS's gross profit for the three months ended in Sep. 2024 was ₺144 Mil. Grainturk Holding AS's Revenue for the three months ended in Sep. 2024 was ₺764 Mil. Therefore, Grainturk Holding AS's Gross Margin % for the quarter that ended in Sep. 2024 was 18.90%.

Grainturk Holding AS had a gross margin of 18.90% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Grainturk Holding AS was 46.23%. The lowest was 2.03%. And the median was 24.61%.


Grainturk Holding AS Gross Profit Historical Data

The historical data trend for Grainturk Holding AS'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.

Grainturk Holding AS Gross Profit Chart

Grainturk Holding AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
7.32 95.39 433.90 478.89

Grainturk Holding AS Quarterly Data
Dec20 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 72.28 294.19 118.00 203.49 144.35

Competitive Comparison of Grainturk Holding AS's Gross Profit

For the Farm Products subindustry, Grainturk Holding AS'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.


Grainturk Holding AS's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Grainturk Holding AS's Gross Profit falls into.



Grainturk Holding AS Gross Profit Calculation

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

Grainturk Holding AS'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
=2109.16 - 1630.27
=479

Grainturk Holding AS's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=763.906 - 619.557
=144

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 ₺760 Mil.

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

Grainturk Holding AS'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
=144 / 763.906
=18.90 %

* 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.


Grainturk Holding AS  (IST:GRTHO) 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

Grainturk Holding AS had a gross margin of 18.90% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Grainturk Holding AS Gross Profit Related Terms

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Grainturk Holding AS Business Description

Traded in Other Exchanges
N/A
Address
Levent Caddesi Krizantem Sokak No: 15, Levent, Istanbul, TUR, 34330
Grainturk Tarim is mainly engaged in the purchase and sale of agricultural products, mainly wheat, corn, barley, sunflower seeds, soybean, and cotton. through its subsidiaries firm also provides services for the storage of the said products within the scope of licensed warehousing.

Grainturk Holding AS Headlines

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