Aug 30, 2023 09:37
9 mos ago
7 viewers *
Flemish term

brutomarge

Flemish to English Bus/Financial Accounting Income statement (Resultatenrekening)
First item in the Income Statement (a certain number of billion Euros -- the largest number in the table).
Obviously, "Gross margin" is wrong. Gross margin is the profit margin, as a percentage of revenues. (Stated as a percentage, not a currency value.)
I said "Gross revenues" (or in ENUK, essentially, "Turnover").
Country: Belgium.
Proposed translations (English)
4 gross profit

Discussion

TechLawDC (asker) Aug 30, 2023:
I think Michael Beijer has it right. Term of art. "Gross profit" or "Gross profit margin" is just a term of art, evidently, and it needs to be fully recognized as such.

Proposed translations

1 hr
Selected

gross profit

see my Ref comment

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Note added at 1 hr (2023-08-30 10:40:46 GMT)
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The term gross profit margin refers to a financial metric that analysts use to assess a company's financial health. Gross profit margin is the profit after subtracting the cost of goods sold (COGS). Put simply, a company's gross profit margin is the money it makes after accounting for the cost of doing business. This metric is commonly expressed as a percentage of sales and may also be known as the gross margin ratio.

[…]

Gross profit is the total profit a company makes after deducting the cost of doing business. Put simply, gross profit is a company's total sales or revenue minus its COGS. This figure is expressed as a dollar value. Gross profit margin, on the other hand, is the profit a company makes expressed as a percentage using the formula above.

(https://www.investopedia.com/terms/g/gross_profit_margin.asp )

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Note added at 1 hr (2023-08-30 10:41:12 GMT)
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"Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.

(https://en.wikipedia.org/wiki/Gross_margin )

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Note added at 1 hr (2023-08-30 10:41:35 GMT)
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FELOline.nl:

brutomarge =
• gross profit
• gross margin
Example sentence:

"Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.

Put simply, gross profit is a company's total sales or revenue minus its COGS. <b>This figure is expressed as a dollar value.

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4 KudoZ points awarded for this answer. Comment: "Very good."

Reference comments

36 mins
Reference:

Refs

FELOline.nl:
brutomarge =
gross profit
gross margin


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Note added at 59 mins (2023-08-30 10:37:15 GMT)
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"Gross margin" is often used interchangeably with "gross profit", however the terms are different: "gross profit" is technically an absolute monetary amount and "gross margin" is technically a percentage or ratio.

https://en.wikipedia.org/wiki/Gross_margin
Peer comments on this reference comment:

agree writeaway : FEL has always been highly reliable
1 hr
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