GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Al-Modawat Specialized Medical Co (SAU:9594) » Definitions » Gross Profit

Al-Modawat Specialized Medical Co (SAU:9594) Gross Profit : ﷼36.56 Mil (TTM As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Al-Modawat Specialized Medical Co Gross Profit?

Al-Modawat Specialized Medical Co's gross profit for the six months ended in Jun. 2024 was ﷼17.33 Mil. Al-Modawat Specialized Medical Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼36.56 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Al-Modawat Specialized Medical Co's gross profit for the six months ended in Jun. 2024 was ﷼17.33 Mil. Al-Modawat Specialized Medical Co's Revenue for the six months ended in Jun. 2024 was ﷼37.29 Mil. Therefore, Al-Modawat Specialized Medical Co's Gross Margin % for the quarter that ended in Jun. 2024 was 46.47%.

Al-Modawat Specialized Medical Co had a gross margin of 46.47% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of Al-Modawat Specialized Medical Co was 54.68%. The lowest was 48.69%. And the median was 51.69%.


Al-Modawat Specialized Medical Co Gross Profit Historical Data

The historical data trend for Al-Modawat Specialized Medical 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.

* Premium members only.

Al-Modawat Specialized Medical Co Gross Profit Chart

Al-Modawat Specialized Medical Co Annual Data
Trend Dec22 Dec23
Gross Profit
28.52 40.63

Al-Modawat Specialized Medical Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Gross Profit - 21.40 19.23 17.33

Competitive Comparison of Al-Modawat Specialized Medical Co's Gross Profit

For the Medical Care Facilities subindustry, Al-Modawat Specialized Medical 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.


Al-Modawat Specialized Medical Co's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Al-Modawat Specialized Medical Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Al-Modawat Specialized Medical Co's Gross Profit falls into.


;
;

Al-Modawat Specialized Medical Co Gross Profit Calculation

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

Al-Modawat Specialized Medical Co'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
=74.308 - 33.68
=40.63

Al-Modawat Specialized Medical Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=37.288 - 19.96
=17.33

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼36.56 Mil.

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

Al-Modawat Specialized Medical Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=17.33 / 37.288
=46.47 %

* 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.


Al-Modawat Specialized Medical Co  (SAU:9594) 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

Al-Modawat Specialized Medical Co had a gross margin of 46.47% for the quarter that ended in Jun. 2024 => Durable competitive advantage


Al-Modawat Specialized Medical Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Al-Modawat Specialized Medical Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Modawat Specialized Medical Co Business Description

Traded in Other Exchanges
N/A
Address
Kingdom of Saudi Arabia, P.O. Box 176, Muhayil, SAU
Al-Modawat Specialized Medical Co is a company engaged in Pharmacy activities, drug warehouse activities, other activities for selling pharmaceutical, medical and cosmetic products and retail toiletries in specialized stores, public hospitals.

Al-Modawat Specialized Medical Co Headlines

No Headlines