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Comvita (NZSE:CVT) Gross-Profit-to-Asset % : 33.15% (As of Dec. 2023)


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What is Comvita 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. Comvita's annualized Gross Profit for the quarter that ended in Dec. 2023 was NZ$124.4 Mil. Comvita's average Total Assets over the quarter that ended in Dec. 2023 was NZ$375.1 Mil. Therefore, Comvita's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 33.15%.


Comvita Gross-Profit-to-Asset % Historical Data

The historical data trend for Comvita'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.

Comvita Gross-Profit-to-Asset % Chart

Comvita Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.49 31.80 36.10 40.76 39.31

Comvita Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 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 39.32 41.10 40.13 37.09 33.15

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

For the Packaged Foods subindustry, Comvita'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.


Comvita's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

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

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



Comvita Gross-Profit-to-Asset % Calculation

Comvita'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 )
=135.92/( (332.78+358.766)/ 2 )
=135.92/345.773
=39.31 %

Comvita'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 )
=124.352/( (358.766+391.48)/ 2 )
=124.352/375.123
=33.15 %

* 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.


Comvita Gross-Profit-to-Asset % Related Terms

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Comvita (NZSE:CVT) Business Description

Traded in Other Exchanges
Address
23 Wilson Road South, Private Bag 1, Paengaroa, Te Puke, BOP, NZL, 3153
Comvita Ltd is a New Zealand based company. It is engaged in the development and marketing of natural health and wellbeing products. Its products include manuka honey, manuka honey extract, nutritional oils, royal jelly, olive leaf extract, and other products. The company's geographical segments include Greater China; ANZ; Rest of Asia; Rest of Asia and EMEA. It derives a majority of its revenue from Greater China.

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