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Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Gross Profit : ₺3,045 Mil (TTM As of Dec. 2023)


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What is Torunlar Gayrimenkul Yatirim Ortakligi AS Gross Profit?

Torunlar Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Dec. 2023 was ₺1,480 Mil. Torunlar Gayrimenkul Yatirim Ortakligi AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺3,045 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Torunlar Gayrimenkul Yatirim Ortakligi AS's gross profit for the three months ended in Dec. 2023 was ₺1,480 Mil. Torunlar Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Dec. 2023 was ₺2,165 Mil. Therefore, Torunlar Gayrimenkul Yatirim Ortakligi AS's Gross Margin % for the quarter that ended in Dec. 2023 was 68.38%.

Torunlar Gayrimenkul Yatirim Ortakligi AS had a gross margin of 68.38% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Torunlar Gayrimenkul Yatirim Ortakligi AS was 79.24%. The lowest was 34.43%. And the median was 63.16%.


Torunlar Gayrimenkul Yatirim Ortakligi AS Gross Profit Historical Data

The historical data trend for Torunlar Gayrimenkul Yatirim Ortakligi 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.

Torunlar Gayrimenkul Yatirim Ortakligi AS Gross Profit Chart

Torunlar Gayrimenkul Yatirim Ortakligi 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 682.71 675.92 1,175.63 3,666.03 3,689.50

Torunlar Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 530.36 2,186.98 732.88 832.12 1,480.34

Competitive Comparison of Torunlar Gayrimenkul Yatirim Ortakligi AS's Gross Profit

For the REIT - Retail subindustry, Torunlar Gayrimenkul Yatirim Ortakligi 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Torunlar Gayrimenkul Yatirim Ortakligi AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Torunlar Gayrimenkul Yatirim Ortakligi AS's Gross Profit falls into.



Torunlar Gayrimenkul Yatirim Ortakligi AS Gross Profit Calculation

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

Torunlar Gayrimenkul Yatirim Ortakligi 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
=4970.728 - 1281.225
=3,690

Torunlar Gayrimenkul Yatirim Ortakligi 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
=2164.937 - 684.594
=1,480

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 ₺3,045 Mil.

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

Torunlar Gayrimenkul Yatirim Ortakligi 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
=1,480 / 2164.937
=68.38 %

* 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS  (IST:TRGYO) 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

Torunlar Gayrimenkul Yatirim Ortakligi AS had a gross margin of 68.38% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Torunlar Gayrimenkul Yatirim Ortakligi AS Gross Profit Related Terms

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Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Business Description

Traded in Other Exchanges
N/A
Address
Rüzgarl?bahçe Neighborhood Özalp Exit No: 4, Beykoz, Istanbul, TUR, 34805
Torunlar Gayrimenkul Yatirim Ortakligi AS is engaged in developing and constructing large, comprehensive, and best-in-class shopping malls in most of the cities in Turkey, and asset management. Torunlar's activities include all stages of project development and management including sourcing, land acquisition, project finance, obtaining permissions, project design, construction audits, and inspections, in addition to sales and marketing. The company generates most of its revenues from the rental income and from the sale of residential and commercial properties.

Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Headlines

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