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Sodas Sodyumnayii AS (IST:SODSN) Gross Profit : ₺64.8 Mil (TTM As of Dec. 2023)


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What is Sodas Sodyumnayii AS Gross Profit?

Sodas Sodyumnayii AS's gross profit for the six months ended in Dec. 2023 was ₺64.8 Mil. Sodas Sodyumnayii AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺64.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sodas Sodyumnayii AS's gross profit for the six months ended in Dec. 2023 was ₺64.8 Mil. Sodas Sodyumnayii AS's Revenue for the six months ended in Dec. 2023 was ₺208.1 Mil. Therefore, Sodas Sodyumnayii AS's Gross Margin % for the quarter that ended in Dec. 2023 was 31.16%.

Sodas Sodyumnayii AS had a gross margin of 31.16% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sodas Sodyumnayii AS was 35.08%. The lowest was 12.38%. And the median was 23.95%.


Sodas Sodyumnayii AS Gross Profit Historical Data

The historical data trend for Sodas Sodyumnayii 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.

Sodas Sodyumnayii AS Gross Profit Chart

Sodas Sodyumnayii AS 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 14.38 9.90 21.81 61.94 64.84

Sodas Sodyumnayii AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 14.38 9.90 21.81 61.94 64.84

Competitive Comparison of Sodas Sodyumnayii AS's Gross Profit

For the Chemicals subindustry, Sodas Sodyumnayii 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.


Sodas Sodyumnayii AS's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sodas Sodyumnayii AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sodas Sodyumnayii AS's Gross Profit falls into.



Sodas Sodyumnayii AS Gross Profit Calculation

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

Sodas Sodyumnayii 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
=208.08 - 143.24
=64.8

Sodas Sodyumnayii 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
=208.08 - 143.24
=64.8

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 ₺64.8 Mil.

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

Sodas Sodyumnayii 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
=64.8 / 208.08
=31.16 %

* 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.


Sodas Sodyumnayii AS  (IST:SODSN) 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

Sodas Sodyumnayii AS had a gross margin of 31.16% for the quarter that ended in Dec. 2023 => Competition eroding margins


Sodas Sodyumnayii AS Gross Profit Related Terms

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Sodas Sodyumnayii AS (IST:SODSN) Business Description

Traded in Other Exchanges
N/A
Address
1476 Sokak No, 2 Aksoy Residence Ka, 13/A Daire:42, Alsancak, TUR, 34330
Sodas Sodyum Sanayii AS produces and sells sodium sulfate in Turkey. Its products are used in natural detergents, glass, and paper and textile industries.

Sodas Sodyumnayii AS (IST:SODSN) Headlines

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