Above Food Ingredients Inc (ABVE)
0.57
-0.06
(-10.09%)
USD |
NASDAQ |
Sep 16, 15:19
Above Food Ingredients Gross Profit Margin (Quarterly): -4.52% for Jan. 31, 2024
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
| LeanLife Health Inc | -- |
| Plantable Health Inc | -9.19% |
| Borealis Foods Inc | 7.93% |
| DAVIDsTEA Inc | -- |
| Acme United Corp | 40.82% |
Gross Profit Margin (Quarterly) Related Metrics
| Profit Margin (Quarterly) | -23.91% |
| Operating Margin (Quarterly) | -16.21% |