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Neto Malinda Trading (XTAE:NTML) Gross Profit : ₪469 Mil (TTM As of Dec. 2023)


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What is Neto Malinda Trading Gross Profit?

Neto Malinda Trading's gross profit for the three months ended in Dec. 2023 was ₪117 Mil. Neto Malinda Trading's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₪469 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Neto Malinda Trading's gross profit for the three months ended in Dec. 2023 was ₪117 Mil. Neto Malinda Trading's Revenue for the three months ended in Dec. 2023 was ₪1,009 Mil. Therefore, Neto Malinda Trading's Gross Margin % for the quarter that ended in Dec. 2023 was 11.59%.

Neto Malinda Trading had a gross margin of 11.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Neto Malinda Trading was 14.90%. The lowest was 10.75%. And the median was 13.66%.

Warning Sign:

Neto Malinda Trading Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


Neto Malinda Trading Gross Profit Historical Data

The historical data trend for Neto Malinda Trading'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.

Neto Malinda Trading Gross Profit Chart

Neto Malinda Trading Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 335.93 357.89 467.91 528.77 499.55

Neto Malinda Trading Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 98.76 114.01 111.59 126.18 116.96

Competitive Comparison of Neto Malinda Trading's Gross Profit

For the Packaged Foods subindustry, Neto Malinda Trading'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.


Neto Malinda Trading's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Neto Malinda Trading's Gross Profit distribution charts can be found below:

* The bar in red indicates where Neto Malinda Trading's Gross Profit falls into.



Neto Malinda Trading Gross Profit Calculation

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

Neto Malinda Trading's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=4194.32 - 3694.768
=500

Neto Malinda Trading's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1009.474 - 892.514
=117

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪469 Mil.

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

Neto Malinda Trading's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=117 / 1009.474
=11.59 %

* 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.


Neto Malinda Trading  (XTAE:NTML) 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

Neto Malinda Trading had a gross margin of 11.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Neto Malinda Trading Gross Profit Related Terms

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Neto Malinda Trading (XTAE:NTML) Business Description

Traded in Other Exchanges
N/A
Address
5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864
Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

Neto Malinda Trading (XTAE:NTML) Headlines

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