OVS SpA (MIL:OVS) Gross Profit : €935 Mil (TTM As of Jul. 2023)

OVS SpA Gross Profit Chart

OVS SpA Annual Data
	Trend	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Gross Profit		Get a 7-Day Free Trial					839.07	807.91	601.78	827.02	905.85

OVS SpA Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Gross Profit	Get a 7-Day Free Trial															373.37	453.65	428.85	477.00	457.86

Competitive Comparison of OVS SpA's Gross Profit

For the Apparel Manufacturing subindustry, OVS SpA'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.

OVS SpA's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Gross Profit distribution charts can be found below:

* The bar in red indicates where OVS SpA's Gross Profit falls into.

OVS SpA Gross Profit Calculation

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

OVS SpA's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

OVS SpA's Gross Profit for the quarter that ended in Jul. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €935 Mil.

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

OVS SpA's Gross Margin % for the quarter that ended in Jul. 2023 is calculated as

* 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.

OVS SpA  (MIL:OVS) 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

OVS SpA had a gross margin of 59.42% for the quarter that ended in Jul. 2023 => Durable competitive advantage

OVS SpA Gross Profit Related Terms

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OVS SpA (MIL:OVS) Business Description