Gross profit margin
was 38.1%, slightly lower than 39.1% in first-quarter 2018.
DUBAI: RAK Ceramics' quarterly net profits were down 51 per cent to Dh55.1 million but its revenues remained stable and its core gross profit margin
reached an all-time high of 34.7 per cent, the firm said on Thursday.
He added that, "the improved gross profit margin
more than made up for the rise in operating expenses, brought about mainly by the accumulation of front-loaded expenses associated with new store openings."
In the absence of earnings management, in general, we expect each company's reported quarterly gross profit margin
to equal last year's actual annual gross profit margin
"Commodity prices and the mix of contracts can have a significant effect on gross profit margin
The budget can be enhanced to better explain variances by including additional items in the budget, such as: optimum capacity (in units), capacity utilization percentage, fixed cost of sales, fixed cost of sales per unit, variable cost of sales, variable cost of sales per unit, unutilized capacity cost, gross profit margin
before unutilized capacity costs (the normal gross profit margin
that the business would expect to achieve at optimum capacity utilization), and gross profit margin
of unutilized capacity costs (the impact of unutilized capacity costs on the total gross profit margin
Another key metric to watch will be Apple's gross profit margin
. Apple's gross profit margin
, or the tech giant's gross profit as a percentage of revenue, gives investors insight into Apple's ability to maintain its pricing power and economies of scale.
The firm posted gross profit margin
of 22.6 percent that increased from GAAP gross profit margin
of 21.1 percent and adjusted gross profit margin
of 21.2 percent in the third fiscal quarter of 2017.
Calculate Gross Profit Margin
: Gross Profit Margin
(GPM) indicates the amount of profit achieved per sale expressed by percentage.
The gross profit margin
increased by 250 bps compared to same period last year.
The company reported gross profit margin
of 62.1 percent in the second quarter of 2016 compared to 71.6 percent in the second quarter of 2015.