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Alamar Foods Co (SAU:6014) Gross Profit : ﷼273.7 Mil (TTM As of Mar. 2024)


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What is Alamar Foods Co Gross Profit?

Alamar Foods Co's gross profit for the three months ended in Mar. 2024 was ﷼50.7 Mil. Alamar Foods Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼273.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Alamar Foods Co's gross profit for the three months ended in Mar. 2024 was ﷼50.7 Mil. Alamar Foods Co's Revenue for the three months ended in Mar. 2024 was ﷼206.9 Mil. Therefore, Alamar Foods Co's Gross Margin % for the quarter that ended in Mar. 2024 was 24.49%.

Alamar Foods Co had a gross margin of 24.49% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Alamar Foods Co was 35.37%. The lowest was 28.85%. And the median was 33.43%.


Alamar Foods Co Gross Profit Historical Data

The historical data trend for Alamar Foods Co'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.

Alamar Foods Co Gross Profit Chart

Alamar Foods Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
230.75 307.10 362.35 293.00

Alamar Foods Co Quarterly Data
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 69.97 78.21 79.68 65.15 50.65

Competitive Comparison of Alamar Foods Co's Gross Profit

For the Restaurants subindustry, Alamar Foods Co'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.


Alamar Foods Co's Gross Profit Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Alamar Foods Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Alamar Foods Co's Gross Profit falls into.



Alamar Foods Co Gross Profit Calculation

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

Alamar Foods Co'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
=991.655 - 698.651
=293.0

Alamar Foods Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=206.853 - 156.203
=50.7

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 ﷼273.7 Mil.

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

Alamar Foods Co'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
=50.7 / 206.853
=24.49 %

* 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.


Alamar Foods Co  (SAU:6014) 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

Alamar Foods Co had a gross margin of 24.49% for the quarter that ended in Mar. 2024 => Competition eroding margins


Alamar Foods Co Gross Profit Related Terms

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Alamar Foods Co (SAU:6014) Business Description

Traded in Other Exchanges
N/A
Address
3507 Prince Sultan Bin Abdulaziz Road, Unit 1, Al Olaya, Riyadh, SAU
Alamar Foods Co is a Quick Service Restaurant (QSR) operator in the Middle East, North Africa, and Pakistan (MENAP Region). The company is into Establishing, operating and managing of fast food restaurants.

Alamar Foods Co (SAU:6014) Headlines

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