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Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Gross Profit : ₪1,672 Mil (TTM As of Jun. 2024)


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What is Rami Levi Chain Stores Hashikma Marketing 2006 Gross Profit?

Rami Levi Chain Stores Hashikma Marketing 2006's gross profit for the three months ended in Jun. 2024 was ₪430 Mil. Rami Levi Chain Stores Hashikma Marketing 2006's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ₪1,672 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Rami Levi Chain Stores Hashikma Marketing 2006's gross profit for the three months ended in Jun. 2024 was ₪430 Mil. Rami Levi Chain Stores Hashikma Marketing 2006's Revenue for the three months ended in Jun. 2024 was ₪1,834 Mil. Therefore, Rami Levi Chain Stores Hashikma Marketing 2006's Gross Margin % for the quarter that ended in Jun. 2024 was 23.45%.

Rami Levi Chain Stores Hashikma Marketing 2006 had a gross margin of 23.45% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Rami Levi Chain Stores Hashikma Marketing 2006 was 23.48%. The lowest was 19.58%. And the median was 21.87%.


Rami Levi Chain Stores Hashikma Marketing 2006 Gross Profit Historical Data

The historical data trend for Rami Levi Chain Stores Hashikma Marketing 2006'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.

Rami Levi Chain Stores Hashikma Marketing 2006 Gross Profit Chart

Rami Levi Chain Stores Hashikma Marketing 2006 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 1,236.06 1,459.42 1,516.16 1,609.27 1,653.28

Rami Levi Chain Stores Hashikma Marketing 2006 Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 452.19 409.73 408.37 424.26 430.06

Competitive Comparison of Rami Levi Chain Stores Hashikma Marketing 2006's Gross Profit

For the Grocery Stores subindustry, Rami Levi Chain Stores Hashikma Marketing 2006'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.


Rami Levi Chain Stores Hashikma Marketing 2006's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Rami Levi Chain Stores Hashikma Marketing 2006's Gross Profit distribution charts can be found below:

* The bar in red indicates where Rami Levi Chain Stores Hashikma Marketing 2006's Gross Profit falls into.



Rami Levi Chain Stores Hashikma Marketing 2006 Gross Profit Calculation

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

Rami Levi Chain Stores Hashikma Marketing 2006'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
=7181.901 - 5528.625
=1,653

Rami Levi Chain Stores Hashikma Marketing 2006's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1834.029 - 1403.966
=430

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪1,672 Mil.

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

Rami Levi Chain Stores Hashikma Marketing 2006's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=430 / 1834.029
=23.45 %

* 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.


Rami Levi Chain Stores Hashikma Marketing 2006  (XTAE:RMLI) 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

Rami Levi Chain Stores Hashikma Marketing 2006 had a gross margin of 23.45% for the quarter that ended in Jun. 2024 => Competition eroding margins


Rami Levi Chain Stores Hashikma Marketing 2006 Gross Profit Related Terms

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Rami Levi Chain Stores Hashikma Marketing 2006 Business Description

Traded in Other Exchanges
N/A
Address
15 Hauman Street, Jerusalem, ISR, 91520
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd is an operator of clothing and food retail stores. The company is based in Israel and generates the entirety of its revenue domestically. The company operates a chain of supermarkets as well as discount clothing and discount shoe stores. The company markets its own products under the brand names The Motag as well as Remi Levi Shivuk Hashikma. In addition, the company operates a real estate development branch, engages in wholesale distribution activities and provides mobile phone services through its subsidiary, Rami Levi Communications.

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