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PT Indofood Sukses Makmur Tbk (STU:ISM) Gross Profit : €2,228 Mil (TTM As of Mar. 2024)


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What is PT Indofood Sukses Makmur Tbk Gross Profit?

PT Indofood Sukses Makmur Tbk's gross profit for the three months ended in Mar. 2024 was €625 Mil. PT Indofood Sukses Makmur Tbk's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €2,228 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PT Indofood Sukses Makmur Tbk's gross profit for the three months ended in Mar. 2024 was €625 Mil. PT Indofood Sukses Makmur Tbk's Revenue for the three months ended in Mar. 2024 was €1,832 Mil. Therefore, PT Indofood Sukses Makmur Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 34.14%.

PT Indofood Sukses Makmur Tbk had a gross margin of 34.14% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of PT Indofood Sukses Makmur Tbk was 33.12%. The lowest was 26.93%. And the median was 29.46%.


PT Indofood Sukses Makmur Tbk Gross Profit Historical Data

The historical data trend for PT Indofood Sukses Makmur Tbk'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.

PT Indofood Sukses Makmur Tbk Gross Profit Chart

PT Indofood Sukses Makmur Tbk 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 1,483.06 1,559.22 2,021.12 2,038.60 2,144.41

PT Indofood Sukses Makmur Tbk 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 588.22 480.36 535.76 586.92 625.27

Competitive Comparison of PT Indofood Sukses Makmur Tbk's Gross Profit

For the Packaged Foods subindustry, PT Indofood Sukses Makmur Tbk'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.


PT Indofood Sukses Makmur Tbk's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood Sukses Makmur Tbk's Gross Profit distribution charts can be found below:

* The bar in red indicates where PT Indofood Sukses Makmur Tbk's Gross Profit falls into.



PT Indofood Sukses Makmur Tbk Gross Profit Calculation

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

PT Indofood Sukses Makmur Tbk'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
=6644.539 - 4500.125
=2,144

PT Indofood Sukses Makmur Tbk's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1831.593 - 1206.327
=625

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 €2,228 Mil.

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

PT Indofood Sukses Makmur Tbk'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
=625 / 1831.593
=34.14 %

* 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.


PT Indofood Sukses Makmur Tbk  (STU:ISM) 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

PT Indofood Sukses Makmur Tbk had a gross margin of 34.14% for the quarter that ended in Mar. 2024 => Competition eroding margins


PT Indofood Sukses Makmur Tbk Gross Profit Related Terms

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PT Indofood Sukses Makmur Tbk (STU:ISM) Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is an Indonesian packaged food company. Its portfolio is diversified with operations in both raw materials and processed food. The company divides its operations into: Consumer branded products business Group, Bogasari Business Group, Agribusiness Group and Distribution Business Group. The consumer branded products segment produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. Bogasari produces, packages, and ships wheat flour and pasta. The agribusiness operations are research, development, production, and marketing of branded cooking oils, margarine and shortening, processes rubber, sugar cane, and other crops. The Distribution segment distributes consumer products.