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Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Gross Profit : ₺8,948 Mil (TTM As of Dec. 2023)


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What is Koton Magazacilik Tekstilnayi Ve Ticaret AS Gross Profit?

Koton Magazacilik Tekstilnayi Ve Ticaret AS's gross profit for the six months ended in Dec. 2023 was ₺8,948 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺8,948 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Koton Magazacilik Tekstilnayi Ve Ticaret AS's gross profit for the six months ended in Dec. 2023 was ₺8,948 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Revenue for the six months ended in Dec. 2023 was ₺17,194 Mil. Therefore, Koton Magazacilik Tekstilnayi Ve Ticaret AS's Gross Margin % for the quarter that ended in Dec. 2023 was 52.04%.

Koton Magazacilik Tekstilnayi Ve Ticaret AS had a gross margin of 52.04% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of Koton Magazacilik Tekstilnayi Ve Ticaret AS was 52.52%. The lowest was 43.32%. And the median was 52.04%.


Koton Magazacilik Tekstilnayi Ve Ticaret AS Gross Profit Historical Data

The historical data trend for Koton Magazacilik Tekstilnayi Ve Ticaret 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Gross Profit Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
6,230.68 8,412.61 8,947.66

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
Dec21 Dec22 Dec23
Gross Profit 6,230.68 8,412.61 8,947.66

Competitive Comparison of Koton Magazacilik Tekstilnayi Ve Ticaret AS's Gross Profit

For the Apparel Manufacturing subindustry, Koton Magazacilik Tekstilnayi Ve Ticaret 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.


Koton Magazacilik Tekstilnayi Ve Ticaret AS's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Koton Magazacilik Tekstilnayi Ve Ticaret AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Koton Magazacilik Tekstilnayi Ve Ticaret AS's Gross Profit falls into.


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Koton Magazacilik Tekstilnayi Ve Ticaret AS Gross Profit Calculation

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

Koton Magazacilik Tekstilnayi Ve Ticaret 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
=17193.805 - 8246.146
=8,948

Koton Magazacilik Tekstilnayi Ve Ticaret AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=17193.805 - 8246.146
=8,948

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺8,948 Mil.

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

Koton Magazacilik Tekstilnayi Ve Ticaret AS'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
=8,948 / 17193.805
=52.04 %

* 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.


Koton Magazacilik Tekstilnayi Ve Ticaret AS  (IST:KOTON) 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

Koton Magazacilik Tekstilnayi Ve Ticaret AS had a gross margin of 52.04% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Koton Magazacilik Tekstilnayi Ve Ticaret AS Gross Profit Related Terms

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Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR
Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.

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