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Maharah Human Resources Co (SAU:1831) Gross Profit : ﷼242 Mil (TTM As of Mar. 2024)


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What is Maharah Human Resources Co Gross Profit?

Maharah Human Resources Co's gross profit for the three months ended in Mar. 2024 was ﷼63 Mil. Maharah Human Resources Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼242 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Maharah Human Resources Co's gross profit for the three months ended in Mar. 2024 was ﷼63 Mil. Maharah Human Resources Co's Revenue for the three months ended in Mar. 2024 was ﷼519 Mil. Therefore, Maharah Human Resources Co's Gross Margin % for the quarter that ended in Mar. 2024 was 12.20%.

Maharah Human Resources Co had a gross margin of 12.20% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Maharah Human Resources Co was 25.11%. The lowest was 12.44%. And the median was 17.61%.

Warning Sign:

Maharah Human Resources Co gross margin has been in long-term decline. The average rate of decline per year is -12.8%.


Maharah Human Resources Co Gross Profit Historical Data

The historical data trend for Maharah Human Resources 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.

Maharah Human Resources Co Gross Profit Chart

Maharah Human Resources Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 379.81 262.69 219.90 229.22 235.71

Maharah Human Resources Co 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 56.75 64.94 56.81 57.21 63.28

Competitive Comparison of Maharah Human Resources Co's Gross Profit

For the Staffing & Employment Services subindustry, Maharah Human Resources 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.


Maharah Human Resources Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Maharah Human Resources Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Maharah Human Resources Co's Gross Profit falls into.



Maharah Human Resources Co Gross Profit Calculation

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

Maharah Human Resources 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
=1890.019 - 1654.31
=236

Maharah Human Resources 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
=518.525 - 455.244
=63

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 ﷼242 Mil.

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

Maharah Human Resources 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
=63 / 518.525
=12.20 %

* 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.


Maharah Human Resources Co  (SAU:1831) 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

Maharah Human Resources Co had a gross margin of 12.20% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Maharah Human Resources Co Gross Profit Related Terms

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Maharah Human Resources Co (SAU:1831) Business Description

Traded in Other Exchanges
N/A
Address
Al Olaya Road, Al Yasmin District, Riyadh, SAU, 13325
Maharah Human Resources Co is a Saudi Arabia based company. The company is engaged in providing recruitment services for the public and private sectors. Its operating segment includes Corporate and Individual. The company generates maximum revenue from the Corporate segment. Geographically, it derives a majority of revenue from KSA and also has a presence in UAE. It serves individuals, industrial and operation, retail, hospitality, healthcare, and commercial sectors.

Maharah Human Resources Co (SAU:1831) Headlines

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