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DistIT AB (OSTO:DIST) Gross Profit : kr383 Mil (TTM As of Mar. 2024)


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What is DistIT AB Gross Profit?

DistIT AB's gross profit for the three months ended in Mar. 2024 was kr98 Mil. DistIT AB's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was kr383 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. DistIT AB's gross profit for the three months ended in Mar. 2024 was kr98 Mil. DistIT AB's Revenue for the three months ended in Mar. 2024 was kr458 Mil. Therefore, DistIT AB's Gross Margin % for the quarter that ended in Mar. 2024 was 21.51%.

DistIT AB had a gross margin of 21.51% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of DistIT AB was 25.82%. The lowest was 18.48%. And the median was 22.31%.

Warning Sign:

DistIT AB gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


DistIT AB Gross Profit Historical Data

The historical data trend for DistIT 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.

DistIT AB Gross Profit Chart

DistIT AB 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 517.10 511.13 557.94 534.60 390.31

DistIT AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 105.60 112.10 118.30 54.31 98.40

Competitive Comparison of DistIT AB's Gross Profit

For the Electronics & Computer Distribution subindustry, DistIT 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.


DistIT AB's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DistIT AB's Gross Profit distribution charts can be found below:

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



DistIT AB Gross Profit Calculation

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

DistIT AB'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
=2112.615 - 1722.304
=390

DistIT AB's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=457.5 - 359.1
=98

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr383 Mil.

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

DistIT AB's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=98 / 457.5
=21.51 %

* 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.


DistIT AB  (OSTO:DIST) 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

DistIT AB had a gross margin of 21.51% for the quarter that ended in Mar. 2024 => Competition eroding margins


DistIT AB Gross Profit Related Terms

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DistIT AB (OSTO:DIST) Business Description

Traded in Other Exchanges
N/A
Address
Alfred Nobels Allé 109, Tullinge, SWE, 146 48
DistIT AB will acquires, owns and develops niche distributors in Information Technology, mobility, consumer electronics, networks and data communications in the primary Nordic and Baltic countries. The company sells products through Home electronics chains, discount stores, grocery stores, retailers, telecom, e-commerce, consultants and office warehouses.