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Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Gross Profit : $17.79 Mil (TTM As of Mar. 2023)


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What is Southwest Iowa Renewable Energy LLC Gross Profit?

Southwest Iowa Renewable Energy LLC's gross profit for the three months ended in Mar. 2023 was $-1.66 Mil. Southwest Iowa Renewable Energy LLC's gross profit for the trailing twelve months (TTM) ended in Mar. 2023 was $17.79 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Southwest Iowa Renewable Energy LLC's gross profit for the three months ended in Mar. 2023 was $-1.66 Mil. Southwest Iowa Renewable Energy LLC's Revenue for the three months ended in Mar. 2023 was $96.30 Mil. Therefore, Southwest Iowa Renewable Energy LLC's Gross Margin % for the quarter that ended in Mar. 2023 was -1.72%.

Southwest Iowa Renewable Energy LLC had a gross margin of -1.72% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Southwest Iowa Renewable Energy LLC Gross Profit Historical Data

The historical data trend for Southwest Iowa Renewable Energy LLC'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.

Southwest Iowa Renewable Energy LLC Gross Profit Chart

Southwest Iowa Renewable Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Gross Profit
Get a 7-Day Free Trial Premium Member Only 3.64 -2.02 5.73 15.33 60.77

Southwest Iowa Renewable Energy LLC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 15.30 9.63 7.06 2.75 -1.66

Competitive Comparison of Southwest Iowa Renewable Energy LLC's Gross Profit

For the Specialty Chemicals subindustry, Southwest Iowa Renewable Energy LLC'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.


Southwest Iowa Renewable Energy LLC's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Southwest Iowa Renewable Energy LLC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Southwest Iowa Renewable Energy LLC's Gross Profit falls into.



Southwest Iowa Renewable Energy LLC Gross Profit Calculation

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

Southwest Iowa Renewable Energy LLC's Gross Profit for the fiscal year that ended in Sep. 2022 is calculated as

Gross Profit (A: Sep. 2022 )=Revenue - Cost of Goods Sold
=387.125 - 326.358
=60.77

Southwest Iowa Renewable Energy LLC's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit (Q: Mar. 2023 )=Revenue - Cost of Goods Sold
=96.298 - 97.953
=-1.66

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.79 Mil.

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

Southwest Iowa Renewable Energy LLC's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1.66 / 96.298
=-1.72 %

* 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.


Southwest Iowa Renewable Energy LLC  (GREY:SWIOU) 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

Southwest Iowa Renewable Energy LLC had a gross margin of -1.72% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage


Southwest Iowa Renewable Energy LLC Gross Profit Related Terms

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Southwest Iowa Renewable Energy LLC (Southwest Iowa Renewable Energy LLC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10868 189th Street, Council Bluffs, IA, USA, 51503
Southwest Iowa Renewable Energy LLC is into manufacturing and selling ethanol, distillers grains, corn oil, and carbon dioxide in the continental United States. It also sells dried distillers grains with solubles in the continental United States, Mexico, and the Pacific Rim. Its products are marketed and distributed through professional third-party marketers.

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