Above Food Ingredients Inc (ABVE)
0.63
+0.02
(+2.92%)
USD |
NASDAQ |
Nov 22, 16:00
0.66
+0.03
(+4.76%)
After-Hours: 17:05
Above Food Ingredients Gross Profit Margin (Quarterly)
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| January 31, 2024 | -4.52% |
| October 31, 2023 |
| Date | Value |
|---|---|
| January 31, 2023 | 0.04% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-4.52%
Minimum
Jan 2024
0.04%
Maximum
Jan 2023
-2.24%
Average
-2.24%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Altus Copper Corp | -9.19% |
| Borealis Foods Inc | 16.56% |
| DAVIDsTEA Inc | -- |
| Acme United Corp | 38.54% |
| Better Choice Co Inc | 39.73% |