GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Valores SA (BUE:VALO) » Definitions » Gross Profit

Banco De Valores (BUE:VALO) Gross Profit : ARS148,149 Mil (TTM As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Banco De Valores Gross Profit?

Banco De Valores's gross profit for the three months ended in Mar. 2024 was ARS50,027 Mil. Banco De Valores's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ARS148,149 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Banco De Valores's gross profit for the three months ended in Mar. 2024 was ARS50,027 Mil. Banco De Valores's Revenue for the three months ended in Mar. 2024 was ARS167,942 Mil. Therefore, Banco De Valores's Gross Margin % for the quarter that ended in Mar. 2024 was 29.79%.

Banco De Valores had a gross margin of 29.79% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Banco De Valores was 70.69%. The lowest was 23.91%. And the median was 58.23%.

Warning Sign:

Banco De Valores SA gross margin has been in long-term decline. The average rate of decline per year is -17.6%.


Banco De Valores Gross Profit Historical Data

The historical data trend for Banco De Valores'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.

Banco De Valores Gross Profit Chart

Banco De Valores Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,016.28 6,932.35 15,079.91 60,539.49 112,802.49

Banco De Valores Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 25,818.29 10,258.65 19,101.08 68,762.05 50,026.81

Competitive Comparison of Banco De Valores's Gross Profit

For the Banks - Diversified subindustry, Banco De Valores'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.


Banco De Valores's Gross Profit Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco De Valores's Gross Profit distribution charts can be found below:

* The bar in red indicates where Banco De Valores's Gross Profit falls into.



Banco De Valores Gross Profit Calculation

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

Banco De Valores's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=404303.188 - 291500.703
=112,802

Banco De Valores's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=167941.727 - 117914.914
=50,027

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 ARS148,149 Mil.

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

Banco De Valores'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
=50,027 / 167941.727
=29.79 %

* 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.


Banco De Valores  (BUE:VALO) 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

Banco De Valores had a gross margin of 29.79% for the quarter that ended in Mar. 2024 => Competition eroding margins


Banco De Valores Gross Profit Related Terms

Thank you for viewing the detailed overview of Banco De Valores's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco De Valores (BUE:VALO) Business Description

Traded in Other Exchanges
N/A
Address
Sarmiento 310, Caba, ARG, C1041AAH
Banco De Valores SA is a banking firm engaged in providing services like Trust, Shares & Debt Issuance, Mutual Funds, and Ratings.

Banco De Valores (BUE:VALO) Headlines

No Headlines