GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » KGL SA (WAR:KGL) » Definitions » Gross Profit

KGL (WAR:KGL) Gross Profit : zł98.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is KGL Gross Profit?

KGL's gross profit for the three months ended in Mar. 2024 was zł23.4 Mil. KGL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was zł98.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. KGL's gross profit for the three months ended in Mar. 2024 was zł23.4 Mil. KGL's Revenue for the three months ended in Mar. 2024 was zł130.3 Mil. Therefore, KGL's Gross Margin % for the quarter that ended in Mar. 2024 was 17.97%.

KGL had a gross margin of 17.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of KGL was 17.88%. The lowest was 9.59%. And the median was 16.08%.

Warning Sign:

KGL SA gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


KGL Gross Profit Historical Data

The historical data trend for KGL'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.

KGL Gross Profit Chart

KGL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 63.60 67.93 66.69 62.55 100.57

KGL 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 25.83 25.75 24.75 24.24 23.40

Competitive Comparison of KGL's Gross Profit

For the Specialty Chemicals subindustry, KGL'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.


KGL's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, KGL's Gross Profit distribution charts can be found below:

* The bar in red indicates where KGL's Gross Profit falls into.



KGL Gross Profit Calculation

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

KGL'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
=562.589 - 462.017
=100.6

KGL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=130.252 - 106.852
=23.4

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 zł98.1 Mil.

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

KGL'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
=23.4 / 130.252
=17.97 %

* 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.


KGL  (WAR:KGL) 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

KGL had a gross margin of 17.97% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


KGL Gross Profit Related Terms

Thank you for viewing the detailed overview of KGL's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


KGL (WAR:KGL) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Postepu 20, Mosciska, Izabelin, POL, 05-080
KGL SA is a supplier of granules of thermoplastics and food packaging made of plastics, produced in thermoforming technology. The company's products include Styrene plastics, Polyolefins, Technical plastics, Special plastics, Elastomers, Dyes and modifiers and Plastic packaging.

KGL (WAR:KGL) Headlines

No Headlines