SR Accord (XTAE:SRAC) Gross Profit : ₪124.5 Mil (TTM As of Dec. 2024)

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What is SR Accord Gross Profit?

SR Accord's gross profit for the three months ended in Dec. 2024 was ₪37.8 Mil. SR Accord's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was ₪124.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SR Accord's gross profit for the three months ended in Dec. 2024 was ₪37.8 Mil. SR Accord's Revenue for the three months ended in Dec. 2024 was ₪49.0 Mil. Therefore, SR Accord's Gross Margin % for the quarter that ended in Dec. 2024 was 77.03%.

SR Accord had a gross margin of 77.03% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of SR Accord was 87.79%. The lowest was 66.71%. And the median was 76.62%.

Warning Sign:

SR Accord Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.

SR Accord Gross Profit Historical Data

The historical data trend for SR Accord'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.

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SR Accord Gross Profit Chart

SR Accord Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Profit

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86.26

109.78

143.48

140.15

124.48

SR Accord Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Profit	Get a 7-Day Free Trial															51.91	30.12	30.78	25.81	37.77

Competitive Comparison of SR Accord's Gross Profit

For the Credit Services subindustry, SR Accord'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.

SR Accord's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SR Accord's Gross Profit distribution charts can be found below:

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

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SR Accord Gross Profit Calculation

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

SR Accord's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	186.59	-	62.111
	=	124.5

SR Accord's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	49.034	-	11.261
	=	37.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪124.5 Mil.

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

SR Accord's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	37.8	/	49.034
	=	77.03 %

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.

SR Accord (XTAE:SRAC) 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

SR Accord had a gross margin of 77.03% for the quarter that ended in Dec. 2024 => Durable competitive advantage

SR Accord Gross Profit Related Terms

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SR Accord Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SR Accord Ltd (XTAE:SRAC) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

Klausner 10, Beit Zim, Ramla, ISR, 64739

Website

https://www.sr-accord.com

SR Accord Ltd is operating in the field of non-bank financing and credit. The company works to assist the development of companies and businesses by providing credit and non-bank financing sources, both by way of direct financing to the company in loans and by way of financing against discounting checks and bills and their repayment against the provision of adequate collateral.