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Tourism Holdings (NZSE:THL) Gross Profit : NZ$517.2 Mil (TTM As of Dec. 2023)


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What is Tourism Holdings Gross Profit?

Tourism Holdings's gross profit for the six months ended in Dec. 2023 was NZ$287.8 Mil. Tourism Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$517.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tourism Holdings's gross profit for the six months ended in Dec. 2023 was NZ$287.8 Mil. Tourism Holdings's Revenue for the six months ended in Dec. 2023 was NZ$448.7 Mil. Therefore, Tourism Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 64.14%.

Tourism Holdings had a gross margin of 64.14% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Tourism Holdings was 74.40%. The lowest was 48.21%. And the median was 70.56%.

Warning Sign:

Tourism Holdings Ltd gross margin has been in long-term decline. The average rate of decline per year is -5%.


Tourism Holdings Gross Profit Historical Data

The historical data trend for Tourism Holdings'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.

Tourism Holdings Gross Profit Chart

Tourism Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 324.71 294.82 186.25 214.35 408.30

Tourism Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 94.86 114.84 173.65 229.43 287.79

Competitive Comparison of Tourism Holdings's Gross Profit

For the Recreational Vehicles subindustry, Tourism Holdings'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.


Tourism Holdings's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tourism Holdings's Gross Profit falls into.



Tourism Holdings Gross Profit Calculation

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

Tourism Holdings's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=667.294 - 258.994
=408.3

Tourism Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=448.712 - 160.92
=287.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$517.2 Mil.

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

Tourism Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=287.8 / 448.712
=64.14 %

* 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.


Tourism Holdings  (NZSE:THL) 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

Tourism Holdings had a gross margin of 64.14% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Tourism Holdings Gross Profit Related Terms

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Tourism Holdings (NZSE:THL) Business Description

Traded in Other Exchanges
Address
83 Beach Road, Level 1, P.O. Box 4293, The Beach House, Auckland, NTL, NZL, 1010
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals; United States Rentals and other. It generates maximum revenue from United States Rentals segment. United States Rentals segment includes rental and sale of Road Bear, Britz, Mighty and El Monte RVs.

Tourism Holdings (NZSE:THL) Headlines

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