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DTCK (Davis Commodities) Pretax Margin % : 2.43% (As of Jun. 2024)


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What is Davis Commodities Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Davis Commodities's Pre-Tax Income for the six months ended in Jun. 2024 was $1.6 Mil. Davis Commodities's Revenue for the six months ended in Jun. 2024 was $66.9 Mil. Therefore, Davis Commodities's pretax margin for the quarter that ended in Jun. 2024 was 2.43%.

The historical rank and industry rank for Davis Commodities's Pretax Margin % or its related term are showing as below:

DTCK' s Pretax Margin % Range Over the Past 10 Years
Min: 0.33   Med: 1.67   Max: 2.88
Current: 0.33

DTCK's Pretax Margin % is ranked worse than
74.06% of 1885 companies
in the Consumer Packaged Goods industry
Industry Median: 4.75 vs DTCK: 0.33

Davis Commodities Pretax Margin % Historical Data

The historical data trend for Davis Commodities's Pretax Margin % 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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Davis Commodities Pretax Margin % Chart

Davis Commodities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
0.37 2.88 2.68 0.65

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Pretax Margin % Get a 7-Day Free Trial 1.38 3.91 2.39 -1.18 2.43

Competitive Comparison of Davis Commodities's Pretax Margin %

For the Farm Products subindustry, Davis Commodities's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.

Davis Commodities's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davis Commodities's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Davis Commodities's Pretax Margin % falls into.


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Davis Commodities Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Davis Commodities's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1.235/190.724
=0.65 %

Davis Commodities's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=1.625/66.876
=2.43 %

* 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.

Davis Commodities  (NAS:DTCK) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Davis Commodities Pretax Margin % Related Terms

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Davis Commodities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davis Commodities Ltd (NAS:DTCK) » Definitions » Pretax Margin %
Comparable Companies
LOCL SISI PGFF SDOT GCEH EDBL AQB AGRI AAGR SHMP SZSE:002714 ADM TSN SZSE:300498 BG OSL:MOWI SFD OSL:SALM SZSE:000876 BKK:CPF
Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No. 10-01, The Spire, Singapore, SGP, 658079
Website
https://www.daviscl.com
Davis Commodities Ltd is an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services. The Company operates across four main segments: the sale of sugar, rice, oil and fat products, and others. Among these, the sale of sugar stands out as the primary revenue generator, contributing significantly to the company's overall income.