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Bulgartabac Holding AD (XBUL:BTH) Gross Profit : лв134.1 Mil (TTM As of Dec. 2016)


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What is Bulgartabac Holding AD Gross Profit?

Bulgartabac Holding AD's gross profit for the three months ended in Dec. 2016 was лв51.5 Mil. Bulgartabac Holding AD's gross profit for the trailing twelve months (TTM) ended in Dec. 2016 was лв134.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bulgartabac Holding AD's gross profit for the three months ended in Dec. 2016 was лв51.5 Mil. Bulgartabac Holding AD's Revenue for the three months ended in Dec. 2016 was лв108.6 Mil. Therefore, Bulgartabac Holding AD's Gross Margin % for the quarter that ended in Dec. 2016 was 47.45%.

Bulgartabac Holding AD had a gross margin of 47.45% for the quarter that ended in Dec. 2016 => Durable competitive advantage


Bulgartabac Holding AD Gross Profit Historical Data

The historical data trend for Bulgartabac Holding AD'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.

Bulgartabac Holding AD Gross Profit Chart

Bulgartabac Holding AD Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial 234.77 189.92 192.20 213.38 134.14

Bulgartabac Holding AD Quarterly Data
Dec09 Dec10 Dec11 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 51.14 41.61 18.29 22.71 51.52

Competitive Comparison of Bulgartabac Holding AD's Gross Profit

For the Tobacco subindustry, Bulgartabac Holding AD'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.


Bulgartabac Holding AD's Gross Profit Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Bulgartabac Holding AD's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bulgartabac Holding AD's Gross Profit falls into.



Bulgartabac Holding AD Gross Profit Calculation

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

Bulgartabac Holding AD's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=335.493 - 201.353
=134.1

Bulgartabac Holding AD's Gross Profit for the quarter that ended in Dec. 2016 is calculated as

Gross Profit (Q: Dec. 2016 )=Revenue - Cost of Goods Sold
=108.575 - 57.052
=51.5

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was лв134.1 Mil.

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

Bulgartabac Holding AD's Gross Margin % for the quarter that ended in Dec. 2016 is calculated as

Gross Margin % (Q: Dec. 2016 )=Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=51.5 / 108.575
=47.45 %

* 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.


Bulgartabac Holding AD  (XBUL:BTH) 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

Bulgartabac Holding AD had a gross margin of 47.45% for the quarter that ended in Dec. 2016 => Durable competitive advantage


Bulgartabac Holding AD Gross Profit Related Terms

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Bulgartabac Holding AD (XBUL:BTH) Business Description

Traded in Other Exchanges
N/A
Address
62 Graf Ignatiev Street, Sofia, BGR, 1000
Bulgartabac Holding AD is a cigarettes manufacturer in Bulgaria. The company is an exporter of processed Virginia, Burley & Oriental tobaccos. It supplies aromatic and semi-aromatic types of tobaccos. Its products include Victory, Class S, Femina Slim, Prestige & Welcome.

Bulgartabac Holding AD (XBUL:BTH) Headlines

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