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 ?
Dependent variables include gross revenue, net revenue, and gross operating profit. Testing different dependent variables allows the researcher and casino management to understand if the effect is different on revenue than it is on profit.
The challenge continues to be in the falling ADR and, consequently, gross operating profit," Michael Grove, director, Hotel Intelligence, EMEA, HotStats said.
The average room rate increased by 9.4 per cent to an astounding $396.87 driving RevPAR up 6.8 per cent to $330.80 and when coupled with higher operating profits boosted gross operating profit per available room by 7.6 per cent to $280.70, the highest out of the five Middle East and North Africa markets surveyed by HotStats in October.
The bank said in a regulatory filing its gross operating profit fell by 19% on the year to EUR163.9m while its net interest income contracted by 17.3% to EUR127.4m.
The gross operating profit declined by NOK170m to NOK472m from the third to the fourth quarter of 2009.
The bank's gross operating profit before provisions increased by 83 percent on the year, to RON418m, the bank said.
Consolidated Gross Operating Revenue of JD 36.7 MillionConsolidated Gross Operating Profit of JD 13.6 MillionConsolidated Net Profit of JD 4.4 million
The bank said it plans to raise the ratio of profits from the three areas to its gross operating profit in the asset management business to 60% from about 50% at present.
The change in hotel values comes as a result of four consecutive years of RevPAR decline and lower Gross Operating Profit per Available Room, the report noted.
STR analysts pointed out that RevPAR and gross operating profit per available room (GOPPAR), an indicator of hotel profitability, have trended similarly to the price of crude oil during the past decade.
The gross operating profit for the quarter ended September 30, 2014 amounted to SR401 million compared to the same quarter in 2013 of SR366 million, representing an increase of 9.6%.
The gross operating profit for the quarter ended June 30, 2014 amounted to SR420.3 million compared to the same quarter in 2013 of SR332.9 million, representing an increase of 26.2 percent.