GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mouwasat Medical Services Co (SAU:4002) » Definitions » Gross Profit

Mouwasat Medical Services Co (SAU:4002) Gross Profit : ﷼1,331 Mil (TTM As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Mouwasat Medical Services Co Gross Profit?

Mouwasat Medical Services Co's gross profit for the three months ended in Mar. 2024 was ﷼346 Mil. Mouwasat Medical Services Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼1,331 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Mouwasat Medical Services Co's gross profit for the three months ended in Mar. 2024 was ﷼346 Mil. Mouwasat Medical Services Co's Revenue for the three months ended in Mar. 2024 was ﷼723 Mil. Therefore, Mouwasat Medical Services Co's Gross Margin % for the quarter that ended in Mar. 2024 was 47.85%.

Mouwasat Medical Services Co had a gross margin of 47.85% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Mouwasat Medical Services Co was 48.53%. The lowest was 44.65%. And the median was 46.41%.


Mouwasat Medical Services Co Gross Profit Historical Data

The historical data trend for Mouwasat Medical Services 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.

Mouwasat Medical Services Co Gross Profit Chart

Mouwasat Medical Services Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 829.27 960.30 995.78 1,101.57 1,313.08

Mouwasat Medical Services 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 328.39 292.31 298.16 394.57 345.83

Competitive Comparison of Mouwasat Medical Services Co's Gross Profit

For the Medical Care Facilities subindustry, Mouwasat Medical Services 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.


Mouwasat Medical Services Co's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mouwasat Medical Services Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Mouwasat Medical Services Co's Gross Profit falls into.



Mouwasat Medical Services Co Gross Profit Calculation

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

Mouwasat Medical Services 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
=2705.508 - 1392.429
=1,313

Mouwasat Medical Services 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
=722.784 - 376.957
=346

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 ﷼1,331 Mil.

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

Mouwasat Medical Services 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
=346 / 722.784
=47.85 %

* 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.


Mouwasat Medical Services Co  (SAU:4002) 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

Mouwasat Medical Services Co had a gross margin of 47.85% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Mouwasat Medical Services Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Mouwasat Medical Services Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Mouwasat Medical Services Co (SAU:4002) Business Description

Traded in Other Exchanges
N/A
Address
Destect 71 - King Fahad Road, P.O. Box 282, Dammam, SAU, 31411
Mouwasat Medical Services Co is engaged in the acquisition, management, operation and maintenance of hospitals, medical centers, drug stores, pharmacies and wholesale of medical equipment and drugs. The company also operates skin care centers that offer clinical and cosmetic dermatology, aesthetic and reconstructive plastic surgery, weight reduction, and esthetician services. It operates in two segments Medical Services segment and Pharmaceuticals out of which the Medical Services segment derive majority of revenue.

Mouwasat Medical Services Co (SAU:4002) Headlines

No Headlines