AB Cotspin India (NSE:ABCOTS) Gross-Profit-to-Asset % : 36.22% (As of Sep. 2023)

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What is AB Cotspin India 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. AB Cotspin India's annualized Gross Profit for the quarter that ended in Sep. 2023 was ₹540 Mil. AB Cotspin India's average Total Assets over the quarter that ended in Sep. 2023 was ₹1,491 Mil. Therefore, AB Cotspin India's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 36.22%.

AB Cotspin India Gross-Profit-to-Asset % Historical Data

The historical data trend for AB Cotspin India'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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AB Cotspin India Gross-Profit-to-Asset % Chart

AB Cotspin India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

25.91

22.12

29.40

31.34

16.26

AB Cotspin India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			90.69	-14.29	26.16	10.47	36.22

Competitive Comparison of AB Cotspin India's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, AB Cotspin India'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.

AB Cotspin India's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

AB Cotspin India Gross-Profit-to-Asset % Calculation

AB Cotspin India'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 )
	=	188.79	/	( (828.033	+	1494.369)	/ 2 )
	=	188.79	/	1161.201
	=	16.26 %

AB Cotspin India'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 )
	=	539.982	/	( (1494.369	+	1487.416)	/ 2 )
	=	539.982	/	1490.8925
	=	36.22 %

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.

AB Cotspin India Gross-Profit-to-Asset % Related Terms

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AB Cotspin India (NSE:ABCOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AB Cotspin India Ltd (NSE:ABCOTS) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001

Website

https://www.abcotspin.com

AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

AB Cotspin India (NSE:ABCOTS) Headlines

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