G-III Apparel Group Ltd (GIII)

Operating profit margin

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Operating income (ttm)	US$ in thousands	283,344	-55,431	-148,505	-148,734	-109,461	250,214	311,126	318,808	311,093	271,345	223,279	172,937	82,842	87,691	120,493	158,820	227,654	239,742	236,895	233,199
Revenue (ttm)	US$ in thousands	3,095,622	3,186,787	3,197,977	3,143,460	3,227,155	3,126,362	3,063,452	2,941,289	2,772,283	2,545,116	2,356,287	2,170,418	2,051,682	2,280,057	2,581,896	2,928,576	3,157,069	3,169,237	3,113,817	3,094,623
Operating profit margin		9.15%	-1.74%	-4.64%	-4.73%	-3.39%	8.00%	10.16%	10.84%	11.22%	10.66%	9.48%	7.97%	4.04%	3.85%	4.67%	5.42%	7.21%	7.56%	7.61%	7.54%

January 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $283,344K ÷ $3,095,622K
= 9.15%

The operating profit margin of G-III Apparel Group Ltd has shown some variability over the past few quarters. The company's operating profit margin improved significantly in January 2022 at 11.22% and continued to remain relatively strong in the following quarters. However, there was a slight decline in the operating profit margin in the most recent quarter ending January 2024 at 9.15%.

Overall, the company has managed to maintain a positive operating profit margin in most quarters, with only a few exceptions of negative margins. It is important for the company to closely monitor and manage its expenses and revenue generation strategies to ensure that its profitability remains stable and sustainable.