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Bid (JSE:BID) Tax Rate % : 26.40% (As of Dec. 2023)


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What is Bid Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bid's Tax Expense for the six months ended in Dec. 2023 was R1,381 Mil. Bid's Pre-Tax Income for the six months ended in Dec. 2023 was R5,232 Mil. Therefore, Bid's Tax Rate % for the quarter that ended in Dec. 2023 was 26.40%.

Bid Tax Rate % Historical Data

The historical data trend for Bid's Tax Rate % 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.

Bid Tax Rate % Chart

Bid Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.22 37.17 26.68 24.39 25.61

Bid Semi-Annual Data
Jun13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % 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 24.79 24.05 24.44 26.63 26.40

Bid Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bid's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=2393.482/9345.223
=25.61 %

Bid's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=1381.141/5231.878
=26.40 %

* 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.

Bid Tax Rate % Related Terms

Thank you for viewing the detailed overview of Bid's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bid (JSE:BID) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bid Corp Ltd (JSE:BID) » Definitions » Tax Rate %
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Address
90 Rivonia Road, 2nd Floor, North Wing, Sandton, Johannesburg, GT, ZAF, 2196
Website
http://www.bidcorpgroup.com
Bid Corp Ltd is a foodservice company. The company distributes chilled and frozen foods, fresh produce, meats, and nonfood products to operators around the globe. The company has various business segments, several of which it divides by geographic region. Its business segments include Australasia, the United Kingdom, Europe, and Emerging Markets. The company generates the vast majority of its revenue from Europe.