GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » British American Tobacco Zimbabwe Holdings Ltd (XZIM:BAT.ZW) » Definitions » Gross Profit

British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Gross Profit : ZWL243,974 Mil (TTM As of Dec. 2023)


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

What is British American Tobacco Zimbabwe Holdings Gross Profit?

British American Tobacco Zimbabwe Holdings's gross profit for the six months ended in Dec. 2023 was ZWL183,290 Mil. British American Tobacco Zimbabwe Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ZWL243,974 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. British American Tobacco Zimbabwe Holdings's gross profit for the six months ended in Dec. 2023 was ZWL183,290 Mil. British American Tobacco Zimbabwe Holdings's Revenue for the six months ended in Dec. 2023 was ZWL216,791 Mil. Therefore, British American Tobacco Zimbabwe Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 84.55%.

British American Tobacco Zimbabwe Holdings had a gross margin of 84.55% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of British American Tobacco Zimbabwe Holdings was 84.61%. The lowest was 51.66%. And the median was 72.00%.


British American Tobacco Zimbabwe Holdings Gross Profit Historical Data

The historical data trend for British American Tobacco Zimbabwe Holdings'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.

British American Tobacco Zimbabwe Holdings Gross Profit Chart

British American Tobacco Zimbabwe Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 1,053.36 1,722.50 10,491.07 87,749.00 243,974.00

British American Tobacco Zimbabwe Holdings Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,734.56 22,395.69 65,353.31 60,684.13 183,289.87

Competitive Comparison of British American Tobacco Zimbabwe Holdings's Gross Profit

For the Tobacco subindustry, British American Tobacco Zimbabwe Holdings'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.


British American Tobacco Zimbabwe Holdings's Gross Profit Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Zimbabwe Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where British American Tobacco Zimbabwe Holdings's Gross Profit falls into.



British American Tobacco Zimbabwe Holdings Gross Profit Calculation

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

British American Tobacco Zimbabwe Holdings'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
=288338 - 44364
=243,974

British American Tobacco Zimbabwe Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=216791.341 - 33501.474
=183,290

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ZWL243,974 Mil.

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

British American Tobacco Zimbabwe Holdings'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
=183,290 / 216791.341
=84.55 %

* 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.


British American Tobacco Zimbabwe Holdings  (XZIM:BAT.ZW) 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

British American Tobacco Zimbabwe Holdings had a gross margin of 84.55% for the quarter that ended in Dec. 2023 => Durable competitive advantage


British American Tobacco Zimbabwe Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of British American Tobacco Zimbabwe Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Manchester Road, Southerton, PO Box ST98, Harare, ZWE
British American Tobacco Zimbabwe Holdings Ltd is a multinational company engaged in the manufacturing, distribution, and sale of cigarettes through a network of independent retailers and distributors. Its portfolio of brands includes Dunhill, Lucky Strike, and Rothmans, and various international brands such as Vogue, Peter Stuyvesant, and State Express 555.

British American Tobacco Zimbabwe Holdings (XZIM:BAT.ZW) Headlines

No Headlines