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Lorenzini Apparels (BOM:540952) Gross-Profit-to-Asset % : 50.68% (As of Sep. 2023)


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What is Lorenzini Apparels Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Lorenzini Apparels's annualized Gross Profit for the quarter that ended in Sep. 2023 was ₹226.1 Mil. Lorenzini Apparels's average Total Assets over the quarter that ended in Sep. 2023 was ₹446.1 Mil. Therefore, Lorenzini Apparels's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 50.68%.


Lorenzini Apparels Gross-Profit-to-Asset % Historical Data

The historical data trend for Lorenzini Apparels's Gross-Profit-to-Asset % 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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Lorenzini Apparels Gross-Profit-to-Asset % Chart

Lorenzini Apparels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.90 38.95 25.43 34.63 50.35

Lorenzini Apparels Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Gross-Profit-to-Asset % 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 11.77 64.58 58.92 47.35 50.68

Competitive Comparison of Lorenzini Apparels's Gross-Profit-to-Asset %

For the Apparel Manufacturing subindustry, Lorenzini Apparels's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Lorenzini Apparels's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lorenzini Apparels's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Lorenzini Apparels's Gross-Profit-to-Asset % falls into.



Lorenzini Apparels Gross-Profit-to-Asset % Calculation

Lorenzini Apparels's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=194.043/( (355.545+415.273)/ 2 )
=194.043/385.409
=50.35 %

Lorenzini Apparels's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=226.076/( (415.273+476.828)/ 2 )
=226.076/446.0505
=50.68 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Lorenzini Apparels (BOM:540952) Business Description

Traded in Other Exchanges
Address
C-64, Okhla Industrial Area Phase - I, New Delhi, Delhi, IND, 110020
Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing, and marketing ready-made garments in India. The company offers formal, semi-formal, and casual wear for men and women casual wear under the brand names Monteil and Munero Monteil, and Calgari. Its products include jeans, shirts, jackets, t-shirts, trousers, sweatshirts, sweaters, blazers, waistcoats, shorts, and capris. In addition, the company also outsources the garments manufacturing on a work basis from third-party contractors.

Lorenzini Apparels (BOM:540952) Headlines

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