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Sigma Healthcare (Sigma Healthcare) Gross Profit : $182 Mil (TTM As of Jan. 2024)


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What is Sigma Healthcare Gross Profit?

Sigma Healthcare's gross profit for the six months ended in Jan. 2024 was $107 Mil. Sigma Healthcare's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $182 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sigma Healthcare's gross profit for the six months ended in Jan. 2024 was $107 Mil. Sigma Healthcare's Revenue for the six months ended in Jan. 2024 was $1,124 Mil. Therefore, Sigma Healthcare's Gross Margin % for the quarter that ended in Jan. 2024 was 9.54%.

Sigma Healthcare had a gross margin of 9.54% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Sigma Healthcare was 8.93%. The lowest was 6.89%. And the median was 8.13%.

Warning Sign:

Sigma Healthcare Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Sigma Healthcare Gross Profit Historical Data

The historical data trend for Sigma Healthcare'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.

Sigma Healthcare Gross Profit Chart

Sigma Healthcare Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.66 236.34 212.86 176.92 180.39

Sigma Healthcare Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 109.82 106.99 68.37 74.32 107.25

Competitive Comparison of Sigma Healthcare's Gross Profit

For the Medical Distribution subindustry, Sigma Healthcare'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.


Sigma Healthcare's Gross Profit Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Sigma Healthcare's Gross Profit distribution charts can be found below:

* The bar in red indicates where Sigma Healthcare's Gross Profit falls into.



Sigma Healthcare Gross Profit Calculation

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

Sigma Healthcare's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=2240.057 - 2059.665
=180

Sigma Healthcare's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=1124.084 - 1016.833
=107

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $182 Mil.

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

Sigma Healthcare's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=107 / 1124.084
=9.54 %

* 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.


Sigma Healthcare  (OTCPK:SIGGF) 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

Sigma Healthcare had a gross margin of 9.54% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


Sigma Healthcare Gross Profit Related Terms

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Sigma Healthcare (Sigma Healthcare) Business Description

Traded in Other Exchanges
Address
2125 Dandenong Road, Level 6, Clayton, Melbourne, VIC, AUS, 3168
Sigma Healthcare is an Australian pharmaceutical distributor, wholesaler and pharmacy franchisor. The revenue growth prospects and returns of pharmaceutical distribution are subdued due to ongoing Pharmaceutical Benefits Scheme, or PBS, price reform, and regulated wholesale gross margins being capped at 7% for community pharmacy. As a result, Sigma and its competitors are seeking to expand into unregulated revenue streams. In addition, pharmacy ownership is restricted to pharmacists, thereby excluding direct corporate ownership and requiring exposure via a franchise business model.