SODE Cote d'Ivoire (XBRV:SDCC) Gross Profit : XOF57,742 Mil (TTM As of Dec. 2019)

SODE Cote d'Ivoire Gross Profit Chart

SODE Cote d'Ivoire Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Gross Profit		Get a 7-Day Free Trial					54,702.13	53,096.01	71,207.79	61,880.03	57,741.84

SODE Cote d'Ivoire Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Gross Profit	Get a 7-Day Free Trial						54,702.13	53,096.01	71,207.79	61,880.03	57,741.84

Competitive Comparison of SODE Cote d'Ivoire's Gross Profit

For the Utilities - Regulated Water subindustry, SODE Cote d'Ivoire'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.

SODE Cote d'Ivoire's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, SODE Cote d'Ivoire's Gross Profit distribution charts can be found below:

* The bar in red indicates where SODE Cote d'Ivoire's Gross Profit falls into.

SODE Cote d'Ivoire Gross Profit Calculation

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

SODE Cote d'Ivoire's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

SODE Cote d'Ivoire's Gross Profit for the quarter that ended in Dec. 2019 is calculated as

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2019 was XOF57,742 Mil.

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

SODE Cote d'Ivoire's Gross Margin % for the quarter that ended in Dec. 2019 is calculated as

* 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.

SODE Cote d'Ivoire  (XBRV:SDCC) 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

SODE Cote d'Ivoire had a gross margin of 59.85% for the quarter that ended in Dec. 2019 => Durable competitive advantage

SODE Cote d'Ivoire Gross Profit Related Terms

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SODE Cote d'Ivoire (XBRV:SDCC) Business Description