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Saudi Pharmaceutical Industries & Medical Appliances (SAU:2070) Gross Profit : ﷼747 Mil (TTM As of Sep. 2024)


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What is Saudi Pharmaceutical Industries & Medical Appliances Gross Profit?

Saudi Pharmaceutical Industries & Medical Appliances's gross profit for the three months ended in Sep. 2024 was ﷼217 Mil. Saudi Pharmaceutical Industries & Medical Appliances's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was ﷼747 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Saudi Pharmaceutical Industries & Medical Appliances's gross profit for the three months ended in Sep. 2024 was ﷼217 Mil. Saudi Pharmaceutical Industries & Medical Appliances's Revenue for the three months ended in Sep. 2024 was ﷼447 Mil. Therefore, Saudi Pharmaceutical Industries & Medical Appliances's Gross Margin % for the quarter that ended in Sep. 2024 was 48.46%.

Saudi Pharmaceutical Industries & Medical Appliances had a gross margin of 48.46% for the quarter that ended in Sep. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Saudi Pharmaceutical Industries & Medical Appliances was 56.62%. The lowest was 33.47%. And the median was 43.62%.


Saudi Pharmaceutical Industries & Medical Appliances Gross Profit Historical Data

The historical data trend for Saudi Pharmaceutical Industries & Medical Appliances'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.

Saudi Pharmaceutical Industries & Medical Appliances Gross Profit Chart

Saudi Pharmaceutical Industries & Medical Appliances 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 497.64 690.48 620.71 567.00 708.10

Saudi Pharmaceutical Industries & Medical Appliances Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 166.30 100.64 252.22 177.40 216.64

Competitive Comparison of Saudi Pharmaceutical Industries & Medical Appliances's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Saudi Pharmaceutical Industries & Medical Appliances'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.


Saudi Pharmaceutical Industries & Medical Appliances's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Saudi Pharmaceutical Industries & Medical Appliances's Gross Profit distribution charts can be found below:

* The bar in red indicates where Saudi Pharmaceutical Industries & Medical Appliances's Gross Profit falls into.



Saudi Pharmaceutical Industries & Medical Appliances Gross Profit Calculation

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

Saudi Pharmaceutical Industries & Medical Appliances'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
=1653.084 - 944.986
=708

Saudi Pharmaceutical Industries & Medical Appliances's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=447.018 - 230.376
=217

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼747 Mil.

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

Saudi Pharmaceutical Industries & Medical Appliances's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=217 / 447.018
=48.46 %

* 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.


Saudi Pharmaceutical Industries & Medical Appliances  (SAU:2070) 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

Saudi Pharmaceutical Industries & Medical Appliances had a gross margin of 48.46% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Saudi Pharmaceutical Industries & Medical Appliances Gross Profit Related Terms

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Saudi Pharmaceutical Industries & Medical Appliances Business Description

Traded in Other Exchanges
N/A
Address
King Abdul Aziz Road, Industrial City of Al-Qassim, Buraidah, Riyadh, SAU
Saudi Pharmaceutical Industries & Medical Appliances Corp is involved in the manufacturing of basic chemical substances and products; medicines for human use, including cosmetics; pharmaceutical production and wholesale and retail of medicines and related products; development and marketing of medicinal and pharmaceutical products; research and development in medical science activities; operating and maintaining the healthcare facilities and any investments in related industries. Its geographical segments are Saudi Arabia, Egypt, the Middle East, Morocco and Algeria.

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