gross profit

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Related to Gross operating profit: EBITDA, Net Operating Profit

Gross profit

Gross Profit

A company's revenue from sales in a given period of time less its cost of goods sold. Gross profit is easy to calculate and may provide a rough idea of a company's performance. However, it does not account for a number of very important expenses, such as marketing or employee salaries. For that reason, it is not as accurate of a measurement as net profit or EBIT.

gross profit

Total revenue of a business minus the cost of goods it sold. Gross profit does not include income from incidental sources and also excludes selling and administrative expenses. Compare net income.

gross profit

the difference between SALES REVENUE and the COST OF SALES before the deduction of selling, distribution, administration and other costs in the PROFIT-AND-LOSS ACCOUNT.

gross profit

the difference between SALES REVENUE and the COST OF GOODS SOLD. Gross profit less the operating expenses of the business equals NET PROFIT.
References in periodicals archive ?
Gross operating profit for Atlantic City casinos is all profits generated from operations but does not include items such as interest, depreciation, management fees, and income taxes.
9 million of gross operating profit before impairment charges from the delivery of 19 homes (including 14 at Brightwater).
0 million of gross operating profit before inland project impairment charges for the quarter ended March 31, 2009 compared with $1.
4 percent improvement in gross operating profits (GOP) in the first half of 2004, compared to the same period a year earlier.
3 million of homebuilding gross operating profit before impairment charges from the delivery of 55 homes (including 23 at Brightwater), offset by non-cash impairment charges of $35.
Gross operating profit also dropped 94 percent to EUR102m as compared with last year.
1 million of gross operating profit compared with the delivery of 15 homes and $800,000 of gross operating profit before impairment charges in the comparable period of 2007.
The installed tracking units will be monitored and serviced by VWG under five-year end users contracts that, in the aggregate, represent approximate revenue of $16,000,000 USD and approximate gross operating profit of $11,000,000 USD with respect to the tracking units to be installed during the initial one-year term of the contract.
Homebuilding gross operating profit was offset by an impairment charge of $4.
The Company has entered into (1) a long-term management agreement with Istithmar that entitles it to receive a fixed percentage of the revenue and gross operating profit generated by Atlantis, The Palm and (2) a development agreement that entitles it to earn a development fee of $20 million that will be recognized over the development period.
9 percent with gross operating profit per available room (GOPPAR) falling 8.
The company's gross operating profit was Dh531 million, up 37 per cent over the same period last year.