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Koza Altin Izletmeleri AS (IST:KOZAL) Gross Profit : ₺2,907 Mil (TTM As of Sep. 2023)


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What is Koza Altin Izletmeleri AS Gross Profit?

Koza Altin Izletmeleri AS's gross profit for the three months ended in Sep. 2023 was ₺1,151 Mil. Koza Altin Izletmeleri AS's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ₺2,907 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Koza Altin Izletmeleri AS's gross profit for the three months ended in Sep. 2023 was ₺1,151 Mil. Koza Altin Izletmeleri AS's Revenue for the three months ended in Sep. 2023 was ₺2,032 Mil. Therefore, Koza Altin Izletmeleri AS's Gross Margin % for the quarter that ended in Sep. 2023 was 56.63%.

Koza Altin Izletmeleri AS had a gross margin of 56.63% for the quarter that ended in Sep. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Koza Altin Izletmeleri AS was 74.40%. The lowest was 46.97%. And the median was 63.08%.


Koza Altin Izletmeleri AS Gross Profit Historical Data

The historical data trend for Koza Altin Izletmeleri 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.

Koza Altin Izletmeleri AS Gross Profit Chart

Koza Altin Izletmeleri AS Annual Data
Trend Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 977.72 1,893.99 2,072.34 2,498.28 3,494.30

Koza Altin Izletmeleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,189.26 617.85 623.97 514.63 1,150.71

Competitive Comparison of Koza Altin Izletmeleri AS's Gross Profit

For the Gold subindustry, Koza Altin Izletmeleri 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.


Koza Altin Izletmeleri AS's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Koza Altin Izletmeleri AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Koza Altin Izletmeleri AS's Gross Profit falls into.



Koza Altin Izletmeleri AS Gross Profit Calculation

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

Koza Altin Izletmeleri AS's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=5736.733 - 2242.43
=3,494

Koza Altin Izletmeleri AS's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=2032.01 - 881.304
=1,151

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺2,907 Mil.

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

Koza Altin Izletmeleri AS's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,151 / 2032.01
=56.63 %

* 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.


Koza Altin Izletmeleri AS  (IST:KOZAL) 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

Koza Altin Izletmeleri AS had a gross margin of 56.63% for the quarter that ended in Sep. 2023 => Durable competitive advantage


Koza Altin Izletmeleri AS Gross Profit Related Terms

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Koza Altin Izletmeleri AS (IST:KOZAL) Business Description

Traded in Other Exchanges
N/A
Address
?stanbul Yolu, 10.km, No:310, Bat?kent, Ankara, TUR
Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has over 200 exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. The company owns four operating mines, including an underground mine at Ovacik, a mine in Cukuralan that utilises both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.

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