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Bid (JSE:BID) Gross-Profit-to-Asset % : 51.38% (As of Dec. 2023)


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What is Bid 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. Bid's annualized Gross Profit for the quarter that ended in Dec. 2023 was R53,848 Mil. Bid's average Total Assets over the quarter that ended in Dec. 2023 was R104,797 Mil. Therefore, Bid's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 51.38%.


Bid Gross-Profit-to-Asset % Historical Data

The historical data trend for Bid'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.

Bid Gross-Profit-to-Asset % Chart

Bid Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.78 43.01 39.26 47.91 50.27

Bid Semi-Annual Data
Jun13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 47.49 47.89 52.19 52.12 51.38

Competitive Comparison of Bid's Gross-Profit-to-Asset %

For the Food Distribution subindustry, Bid'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.


Bid's Gross-Profit-to-Asset % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bid's Gross-Profit-to-Asset % distribution charts can be found below:

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



Bid Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=46803.33/( (79567.488+106640.252)/ 2 )
=46803.33/93103.87
=50.27 %

Bid'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=53847.968/( (106640.252+102953.81)/ 2 )
=53847.968/104797.031
=51.38 %

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


Bid Gross-Profit-to-Asset % Related Terms

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Bid (JSE:BID) Business Description

Traded in Other Exchanges
Address
90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196
Bid Corp Ltd is a foodservice company. The company distributes chilled and frozen foods, fresh produce, meats, and nonfood products to operators around the globe. The company has various business segments, several of which it divides by geographic region. Its business segments include Australasia, the United Kingdom, Europe, and Emerging Markets. The company generates the vast majority of its revenue from Europe.