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MerryMart Consumer (PHS:MM) Gross Profit : ₱809 Mil (TTM As of Mar. 2024)


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What is MerryMart Consumer Gross Profit?

MerryMart Consumer's gross profit for the three months ended in Mar. 2024 was ₱298 Mil. MerryMart Consumer's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ₱809 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MerryMart Consumer's gross profit for the three months ended in Mar. 2024 was ₱298 Mil. MerryMart Consumer's Revenue for the three months ended in Mar. 2024 was ₱1,889 Mil. Therefore, MerryMart Consumer's Gross Margin % for the quarter that ended in Mar. 2024 was 15.78%.

MerryMart Consumer had a gross margin of 15.78% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 8 years, the highest Gross Margin % of MerryMart Consumer was 18.93%. The lowest was 3.14%. And the median was 7.60%.


MerryMart Consumer Gross Profit Historical Data

The historical data trend for MerryMart Consumer'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.

MerryMart Consumer Gross Profit Chart

MerryMart Consumer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 144.56 328.36 652.13 1,012.36 818.13

MerryMart Consumer 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 243.57 321.79 284.71 -95.78 298.11

Competitive Comparison of MerryMart Consumer's Gross Profit

For the Grocery Stores subindustry, MerryMart Consumer'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.


MerryMart Consumer's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MerryMart Consumer's Gross Profit distribution charts can be found below:

* The bar in red indicates where MerryMart Consumer's Gross Profit falls into.



MerryMart Consumer Gross Profit Calculation

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

MerryMart Consumer'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
=6304.761 - 5486.636
=818

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1889.038 - 1590.924
=298

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 ₱809 Mil.

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

MerryMart Consumer'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
=298 / 1889.038
=15.78 %

* 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.


MerryMart Consumer  (PHS:MM) 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

MerryMart Consumer had a gross margin of 15.78% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


MerryMart Consumer Gross Profit Related Terms

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MerryMart Consumer (PHS:MM) Business Description

Traded in Other Exchanges
N/A
Address
DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302
MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

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