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Morixe Hermanos (BUE:MORI) Gross Profit : ARS18,630 Mil (TTM As of Mar. 2024)


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What is Morixe Hermanos Gross Profit?

Morixe Hermanos's gross profit for the three months ended in Mar. 2024 was ARS7,206 Mil. Morixe Hermanos's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ARS18,630 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Morixe Hermanos's gross profit for the three months ended in Mar. 2024 was ARS7,206 Mil. Morixe Hermanos's Revenue for the three months ended in Mar. 2024 was ARS20,993 Mil. Therefore, Morixe Hermanos's Gross Margin % for the quarter that ended in Mar. 2024 was 34.33%.

Morixe Hermanos had a gross margin of 34.33% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Morixe Hermanos was 32.04%. The lowest was 0.24%. And the median was 16.83%.


Morixe Hermanos Gross Profit Historical Data

The historical data trend for Morixe Hermanos's Gross Profit 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.

Morixe Hermanos Gross Profit Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.18 489.21 1,562.48 1,908.36 4,514.18

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Dec23 Mar24
Gross Profit 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 5,385.97 5,031.88 2,395.40 3,996.64 7,206.46

Competitive Comparison of Morixe Hermanos's Gross Profit

For the Farm Products subindustry, Morixe Hermanos's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Morixe Hermanos's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Morixe Hermanos's Gross Profit distribution charts can be found below:

* The bar in red indicates where Morixe Hermanos's Gross Profit falls into.



Morixe Hermanos Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Morixe Hermanos's Gross Profit for the fiscal year that ended in May. 2022 is calculated as

Gross Profit (A: May. 2022 )=Revenue - Cost of Goods Sold
=26264.89 - 21750.71
=4,514

Morixe Hermanos's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=20993.484 - 13787.021
=7,206

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS18,630 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Morixe Hermanos's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7,206 / 20993.484
=34.33 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Morixe Hermanos  (BUE:MORI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Morixe Hermanos had a gross margin of 34.33% for the quarter that ended in Mar. 2024 => Competition eroding margins


Morixe Hermanos Gross Profit Related Terms

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Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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