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Globavend Holdings (Globavend Holdings) Gross-Profit-to-Asset % : 59.87% (As of Sep. 2023)


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What is Globavend Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Globavend Holdings's annualized Gross Profit for the quarter that ended in Sep. 2023 was $2.38 Mil. Globavend Holdings's average Total Assets over the quarter that ended in Sep. 2023 was $3.98 Mil. Therefore, Globavend Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 59.87%.


Globavend Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Globavend Holdings's Gross-Profit-to-Asset % 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.

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Globavend Holdings Gross-Profit-to-Asset % Chart

Globavend Holdings Annual Data
Trend Sep21 Sep22 Sep23
Gross-Profit-to-Asset %
36.35 53.76 54.49

Globavend Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Gross-Profit-to-Asset % - 49.96 57.75 47.76 59.87

Competitive Comparison of Globavend Holdings's Gross-Profit-to-Asset %

For the Integrated Freight & Logistics subindustry, Globavend Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Globavend Holdings's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globavend Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Globavend Holdings's Gross-Profit-to-Asset % falls into.



Globavend Holdings Gross-Profit-to-Asset % Calculation

Globavend Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=1.906/( (2.521+4.475)/ 2 )
=1.906/3.498
=54.49 %

Globavend Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=2.38/( (3.476+4.475)/ 2 )
=2.38/3.9755
=59.87 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Globavend Holdings Gross-Profit-to-Asset % Related Terms

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Globavend Holdings (Globavend Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000
Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

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