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DTCK (Davis Commodities) Tax Rate % : 17.91% (As of Jun. 2024)


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What is Davis Commodities Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Davis Commodities's Tax Expense for the six months ended in Jun. 2024 was $0.3 Mil. Davis Commodities's Pre-Tax Income for the six months ended in Jun. 2024 was $1.6 Mil. Therefore, Davis Commodities's Tax Rate % for the quarter that ended in Jun. 2024 was 17.91%.

Davis Commodities Tax Rate % Historical Data

The historical data trend for Davis Commodities's Tax Rate % 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 Tax Rate % Chart

Davis Commodities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
6.56 16.09 16.62 12.06

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 15.69 16.93 16.34 21.15 17.91

Davis Commodities Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Davis Commodities's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0.149/1.235
=12.06 %

Davis Commodities's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.291/1.625
=17.91 %

* 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 Tax Rate % 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 » Tax Rate %
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SISI LOCL SDOT SANW PGFF EDBL GCEH AGRI AQB SHMP SZSE:002714 ADM TSN SZSE:300498 OSL:MOWI BG 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.