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Vital Healthcare Property Trust (NZSE:VHP) Gross Profit : NZ$112.0 Mil (TTM As of Dec. 2023)


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What is Vital Healthcare Property Trust Gross Profit?

Vital Healthcare Property Trust's gross profit for the six months ended in Dec. 2023 was NZ$72.4 Mil. Vital Healthcare Property Trust's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was NZ$112.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vital Healthcare Property Trust's gross profit for the six months ended in Dec. 2023 was NZ$72.4 Mil. Vital Healthcare Property Trust's Revenue for the six months ended in Dec. 2023 was NZ$83.9 Mil. Therefore, Vital Healthcare Property Trust's Gross Margin % for the quarter that ended in Dec. 2023 was 86.31%.

Vital Healthcare Property Trust had a gross margin of 86.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Vital Healthcare Property Trust was 80.34%. The lowest was 63.22%. And the median was 68.22%.


Vital Healthcare Property Trust Gross Profit Historical Data

The historical data trend for Vital Healthcare Property Trust'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.

Vital Healthcare Property Trust Gross Profit Chart

Vital Healthcare Property Trust 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 71.77 81.44 84.25 91.37 111.69

Vital Healthcare Property Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 57.92 33.44 72.07 39.62 72.40

Competitive Comparison of Vital Healthcare Property Trust's Gross Profit

For the REIT - Healthcare Facilities subindustry, Vital Healthcare Property Trust'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.


Vital Healthcare Property Trust's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vital Healthcare Property Trust's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vital Healthcare Property Trust's Gross Profit falls into.



Vital Healthcare Property Trust Gross Profit Calculation

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

Vital Healthcare Property Trust'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
=171.315 - 59.623
=111.7

Vital Healthcare Property Trust's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=83.884 - 11.485
=72.4

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$112.0 Mil.

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

Vital Healthcare Property Trust'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
=72.4 / 83.884
=86.31 %

* 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.


Vital Healthcare Property Trust  (NZSE:VHP) 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

Vital Healthcare Property Trust had a gross margin of 86.31% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Vital Healthcare Property Trust Gross Profit Related Terms

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Vital Healthcare Property Trust (NZSE:VHP) Business Description

Traded in Other Exchanges
N/A
Address
Level 17, HSBC Tower, 188 Quay Street, Auckland, NTL, NZL, 1010
Vital Healthcare Property Trust is a healthcare REIT. The vast majority of revenue is generated in Australia, followed by New Zealand. Most of the company's tenants are for-profit hospitals, followed by medical consultants and nonprofit hospitals. The company is focused on protecting the interests of investors and other stakeholders. The company considers merger and acquisition investment as a component of its operational growth strategy.

Vital Healthcare Property Trust (NZSE:VHP) Headlines

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