GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Clas Ohlson AB (LTS:0GQE) » Definitions » Gross Profit

Clas Ohlson AB (LTS:0GQE) Gross Profit : kr4,163 Mil (TTM As of Jul. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Clas Ohlson AB Gross Profit?

Clas Ohlson AB's gross profit for the three months ended in Jul. 2024 was kr984 Mil. Clas Ohlson AB's gross profit for the trailing twelve months (TTM) ended in Jul. 2024 was kr4,163 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Clas Ohlson AB's gross profit for the three months ended in Jul. 2024 was kr984 Mil. Clas Ohlson AB's Revenue for the three months ended in Jul. 2024 was kr2,623 Mil. Therefore, Clas Ohlson AB's Gross Margin % for the quarter that ended in Jul. 2024 was 37.52%.

Clas Ohlson AB had a gross margin of 37.52% for the quarter that ended in Jul. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Clas Ohlson AB was 42.95%. The lowest was 37.49%. And the median was 40.26%.


Clas Ohlson AB Gross Profit Historical Data

The historical data trend for Clas Ohlson AB'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.

Clas Ohlson AB Gross Profit Chart

Clas Ohlson AB Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,490.20 3,355.80 3,604.80 3,383.60 4,016.00

Clas Ohlson AB Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 836.80 1,015.50 1,309.60 854.10 984.20

Competitive Comparison of Clas Ohlson AB's Gross Profit

For the Specialty Retail subindustry, Clas Ohlson AB'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.


Clas Ohlson AB's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Gross Profit distribution charts can be found below:

* The bar in red indicates where Clas Ohlson AB's Gross Profit falls into.



Clas Ohlson AB Gross Profit Calculation

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

Clas Ohlson AB's Gross Profit for the fiscal year that ended in Apr. 2024 is calculated as

Gross Profit (A: Apr. 2024 )=Revenue - Cost of Goods Sold
=10231.9 - 6215.9
=4,016

Clas Ohlson AB's Gross Profit for the quarter that ended in Jul. 2024 is calculated as

Gross Profit (Q: Jul. 2024 )=Revenue - Cost of Goods Sold
=2623.2 - 1639
=984

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr4,163 Mil.

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

Clas Ohlson AB's Gross Margin % for the quarter that ended in Jul. 2024 is calculated as

Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=984 / 2623.2
=37.52 %

* 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.


Clas Ohlson AB  (LTS:0GQE) 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

Clas Ohlson AB had a gross margin of 37.52% for the quarter that ended in Jul. 2024 => Competition eroding margins


Clas Ohlson AB Gross Profit Related Terms

Thank you for viewing the detailed overview of Clas Ohlson AB's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Clas Ohlson AB Business Description

Traded in Other Exchanges
Address
Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB Headlines

No Headlines