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Sok Marketler Ticaret AS (IST:SOKM) Gross Profit : ₺26,169 Mil (TTM As of Dec. 2023)


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What is Sok Marketler Ticaret AS Gross Profit?

Sok Marketler Ticaret AS's gross profit for the three months ended in Dec. 2023 was ₺8,512 Mil. Sok Marketler Ticaret AS's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ₺26,169 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sok Marketler Ticaret AS's gross profit for the three months ended in Dec. 2023 was ₺8,512 Mil. Sok Marketler Ticaret AS's Revenue for the three months ended in Dec. 2023 was ₺57,929 Mil. Therefore, Sok Marketler Ticaret AS's Gross Margin % for the quarter that ended in Dec. 2023 was 14.69%.

Sok Marketler Ticaret AS had a gross margin of 14.69% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Sok Marketler Ticaret AS was 24.33%. The lowest was 17.96%. And the median was 23.03%.

Warning Sign:

Sok Marketler Ticaret AS gross margin has been in long-term decline. The average rate of decline per year is -4.2%.


Sok Marketler Ticaret AS Gross Profit Historical Data

The historical data trend for Sok Marketler Ticaret AS'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.

Sok Marketler Ticaret AS Gross Profit Chart

Sok Marketler Ticaret AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 3,740.48 5,035.56 6,644.14 22,751.50 26,168.69

Sok Marketler Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 13,023.69 4,808.21 5,534.15 7,314.48 8,511.85

Competitive Comparison of Sok Marketler Ticaret AS's Gross Profit

For the Department Stores subindustry, Sok Marketler Ticaret AS'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.


Sok Marketler Ticaret AS's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sok Marketler Ticaret AS's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sok Marketler Ticaret AS's Gross Profit falls into.



Sok Marketler Ticaret AS Gross Profit Calculation

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

Sok Marketler Ticaret AS'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
=132975.793 - 106807.106
=26,169

Sok Marketler Ticaret AS's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=57928.916 - 49417.068
=8,512

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺26,169 Mil.

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

Sok Marketler Ticaret 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=8,512 / 57928.916
=14.69 %

* 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.


Sok Marketler Ticaret AS  (IST:SOKM) 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

Sok Marketler Ticaret AS had a gross margin of 14.69% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Sok Marketler Ticaret AS Gross Profit Related Terms

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Sok Marketler Ticaret AS (IST:SOKM) Business Description

Traded in Other Exchanges
N/A
Address
Kisikli Mahallesi Hanimseti Sokak No: 35, B/1 Uskudar, Istanbul, TUR
Sok Marketler Ticaret AS operates retail stores for personal cleaning and care products in Turkey. The company offers kitchenware, cleaners, paper products, and clothing items of Mis, Piyale, Mintax, Evin, and Amigo brands.

Sok Marketler Ticaret AS (IST:SOKM) Headlines

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