MOBI Industry Co's gross profit for the
six
months ended in Dec. 2023 was ﷼32.9 Mil. MOBI Industry Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ﷼68.8 Mil.
MOBI Industry Co had a gross margin of 33.57% for the quarter that ended in Dec. 2023 => Competition eroding margins
During the past 7 years, the highestGross Margin % of MOBI Industry Co was 34.58%. The lowest was 25.89%. And the median was 29.13%.
MOBI Industry Co Gross Profit Historical Data
The historical data trend for MOBI Industry Co'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.
Competitive Comparison of MOBI Industry Co's Gross Profit
For the Chemicals subindustry, MOBI Industry Co'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.
MOBI Industry Co's Gross Profit Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, MOBI Industry Co's Gross Profit distribution charts can be found below:
* The bar in red indicates where MOBI Industry Co's Gross Profit falls into.
MOBI Industry Co Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
MOBI Industry Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼68.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
MOBI Industry Co (SAU:9517) 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
MOBI Industry Co had a gross margin of 33.57% for the quarter that ended in Dec. 2023 => Competition eroding margins
MOBI Industry Co Gross Profit Related Terms
Thank you for viewing the detailed overview of MOBI Industry Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
MOBI Industry Co is a Saudi Arabia based company. The company is engaged in the manufacture of soap in all forms, including (paste, liquid and dry), manufacture of industrial detergents, manufacture of fertilizers and nitrogenous compounds, manufacture of plastics in their primary forms, manufacture of washing and cleaning material and preparations.
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