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.
Despite rising prices of TFT-LCD (thin film transistor-liquid crystal display) flat panels and DRAMs (dynamic random access memories), Wang maintains that Acer will continually achieving 10% gross operating profit margin in the next three years.
Food and beverage demand was softer in May, which helped push down total revenue per available room (TrevPAR) and gross operating profit per available room (GOPPAR) by 11.
5 billion ($952 million), while the gross operating profit up 37 per cent on year to AED 415 million ($112 million).
JCR will watch whether the bank can continue to earn a certain level of profit by maintaining and improving a spread between borrowing and lending rates and controlling costs, including credit costs, although it is unlikely that its gross operating profit and net operating profit on core banking operations will increase sharply, given the current economy and its competitive business environment.
Gross operating profit was at RON919m, up 19 percent on year.
Gross operating profit (GOP) is defined as income before management fees, property taxes, insurance, capital reserves, rent, interest, income taxes, depreciation, and amortization.
59, while total gross operating profit increased by 11.
The gross operating profit for the quarter ended September 30, 2013 amounted to SR 366 million compared to the same quarter in 2012 of SR 285 million, representing an increase of 28.
The tracking units will be monitored and serviced by VWG under 60-month end-user 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 master contract.
This total RevPAR was the highest level in the past two years and also resulted in strong growth in gross operating profit per available room by 31% to US $79.
The decline in a number of operating expenses enabled hotels to record a strong rise in profitability as gross operating profit PAR more than doubled to $24.