Gildan Activewear (Gildan Activewear) Gross-Profit-to-Asset %

: 26.70% (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Gildan Activewear's annualized Gross Profit for the quarter that ended in Dec. 2023 was $946 Mil. Gildan Activewear's average Total Assets over the quarter that ended in Dec. 2023 was $3,544 Mil. Therefore, Gildan Activewear's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 26.70%.

Gildan Activewear Gross-Profit-to-Asset % Historical Data

The historical data trend for Gildan Activewear'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.

* Premium members only.

Gildan Activewear Annual Data

Trend

Sep14

Sep15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

22.67

7.99

30.54

30.18

25.31

Gildan Activewear Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															27.30	21.24	23.73	26.42	26.70

Competitive Comparison

For the Apparel Manufacturing subindustry, Gildan Activewear'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.

Gildan Activewear Gross-Profit-to-Asset % Distribution

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

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

Gildan Activewear Gross-Profit-to-Asset % Calculation

Gildan Activewear's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	880.054	/	( (3440.214	+	3514.873)	/ 2 )
	=	880.054	/	3477.5435
	=	25.31 %

Gildan Activewear's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	946.232	/	( (3572.318	+	3514.873)	/ 2 )
	=	946.232	/	3543.5955
	=	26.70 %

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 four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Gildan Activewear Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Gildan Activewear's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Gildan Activewear (Gildan Activewear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (NYSE:GIL) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

VGA:Germany GIL:Canada

Address

600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2

Website

http://www.gildan.com

Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.