Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Gross Margin % : -4.24% (As of Dec. 2023)

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What is Turkcell Iletisim Hizmetleri AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Turkcell Iletisim Hizmetleri AS's Gross Profit for the three months ended in Dec. 2023 was $-62 Mil. Turkcell Iletisim Hizmetleri AS's Revenue for the three months ended in Dec. 2023 was $1,451 Mil. Therefore, Turkcell Iletisim Hizmetleri AS's Gross Margin % for the quarter that ended in Dec. 2023 was -4.24%.

Warning Sign:

Turkcell Iletisim Hizmetleri AS gross margin has been in long-term decline. The average rate of decline per year is -13.1%.

The historical rank and industry rank for Turkcell Iletisim Hizmetleri AS's Gross Margin % or its related term are showing as below:

TKC' s Gross Margin % Range Over the Past 10 Years
Min: 13.86 Med: 32.8 Max: 39.16
Current: 21.19

During the past 13 years, the highest Gross Margin % of Turkcell Iletisim Hizmetleri AS was 39.16%. The lowest was 13.86%. And the median was 32.80%.

TKC's Gross Margin % is ranked worse than
84.62% of 351 companies
in the Telecommunication Services industry
Industry Median: 49.08 vs TKC: 21.19

Turkcell Iletisim Hizmetleri AS had a gross margin of -4.24% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Turkcell Iletisim Hizmetleri AS was -13.10% per year.

Turkcell Iletisim Hizmetleri AS Gross Margin % Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri AS's Gross Margin % 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.

Turkcell Iletisim Hizmetleri AS Gross Margin % Chart

Turkcell Iletisim Hizmetleri AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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32.04

23.58

21.24

13.86

21.19

Turkcell Iletisim Hizmetleri AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															-12.51	33.28	38.69	39.86	-4.24

Competitive Comparison of Turkcell Iletisim Hizmetleri AS's Gross Margin %

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri AS's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Turkcell Iletisim Hizmetleri AS's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Gross Margin % falls into.

Turkcell Iletisim Hizmetleri AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Turkcell Iletisim Hizmetleri AS's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	780.6	/	3683.737
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3683.737 - 2903.145)	/	3683.737
	=	21.19 %

Turkcell Iletisim Hizmetleri AS'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 )
	=	-61.5	/	1451.137
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1451.137 - 1512.653)	/	1451.137
	=	-4.24 %

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.

Turkcell Iletisim Hizmetleri AS (NYSE:TKC) Gross Margin % 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

Turkcell Iletisim Hizmetleri AS had a gross margin of -4.24% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Turkcell Iletisim Hizmetleri AS Gross Margin % Related Terms

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Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

TCELL:Turkey TUL1:Germany TUL1:Germany

Address

Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854

Website

https://www.turkcell.com.tr

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.