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Nu-World Holdings (JSE:NWL) Gross Profit : R1,874 Mil (TTM As of Feb. 2024)


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What is Nu-World Holdings Gross Profit?

Nu-World Holdings's gross profit for the six months ended in Feb. 2024 was R970 Mil. Nu-World Holdings's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was R1,874 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nu-World Holdings's gross profit for the six months ended in Feb. 2024 was R970 Mil. Nu-World Holdings's Revenue for the six months ended in Feb. 2024 was R970 Mil. Therefore, Nu-World Holdings's Gross Margin % for the quarter that ended in Feb. 2024 was N/A%.

Nu-World Holdings had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Nu-World Holdings was 22.85%. The lowest was 17.60%. And the median was 20.78%.

Warning Sign:

Nu-World Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.9%.


Nu-World Holdings Gross Profit Historical Data

The historical data trend for Nu-World Holdings'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.

Nu-World Holdings Gross Profit Chart

Nu-World Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 633.55 598.10 450.10 452.98 334.70

Nu-World Holdings Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 1,183.51 968.32 997.85 904.08 969.53

Competitive Comparison of Nu-World Holdings's Gross Profit

For the Consumer Electronics subindustry, Nu-World Holdings'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.


Nu-World Holdings's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nu-World Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Nu-World Holdings's Gross Profit falls into.



Nu-World Holdings Gross Profit Calculation

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

Nu-World Holdings's Gross Profit for the fiscal year that ended in Aug. 2023 is calculated as

Gross Profit (A: Aug. 2023 )=Revenue - Cost of Goods Sold
=1901.931 - 1567.232
=335

Nu-World Holdings's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=969.525 - 0
=970

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,874 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Nu-World Holdings's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=970 / 969.525
=N/A %

* 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.


Nu-World Holdings  (JSE:NWL) 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

Nu-World Holdings had a gross margin of N/A% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Nu-World Holdings Gross Profit Related Terms

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Nu-World Holdings (JSE:NWL) Business Description

Traded in Other Exchanges
N/A
Address
35 - 3rd Street, Wynberg, Sandton, Johannesburg, GT, ZAF, 2199
Nu-World Holdings Ltd, along with its subsidiaries is engaged in importing, manufacturing, assembling, marketing, and distributing branded consumer goods including consumer electronics, high-technology, small electrical appliances, white goods, liquor, and furniture. It also manufactures kitchenware and Telefunken. The company operates its business in geographic segments that include South Africa, Hong Kong, Australia, and the United Arab Emirates. The South African segment generates maximum revenue for the company.