The historical rank and industry rank for Accredited Solutions's Gross Margin % or its related term are showing as below:
ASII'
s Gross Margin % Range Over the Past 10 Years
Min: 15.38 Med: 17.55 Max: 21.53
Current: 21.53
During the past 13 years, the highestGross Margin % of Accredited Solutions was 21.53%. The lowest was 15.38%. And the median was 17.55%.
ASII's Gross Margin % is ranked worse than 88.07% of 109
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 37.31
vs ASII: 21.53
Accredited Solutions had a gross margin of 26.06% for the quarter that ended in Sep. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Accredited Solutions was 0.00% per year.
Accredited Solutions Gross Margin % Historical Data
The historical data trend for Accredited Solutions's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Accredited Solutions's Gross Margin %
For the Beverages - Non-Alcoholic subindustry, Accredited Solutions's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Accredited Solutions's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Accredited Solutions's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Accredited Solutions's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Accredited Solutions had a gross margin of 26.06% for the quarter that ended in Sep. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Accredited Solutions Gross Margin % Related Terms
Thank you for viewing the detailed overview of Accredited Solutions's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Accredited Solutions (Accredited Solutions) Business Description
Accredited Solutions Inc formerly Good Hemp Inc is engaged in a hemp-derived CBD-infused line of consumer beverages sold under the Good Hemp brand. The company's current products include high-alkaline water products, hemp-based beverage products under the Good Hemp brand, and CBD softgels under the Good Hemp Wellness brand. Good Hemp products include two lines of hemp-based beverages. Good Hemp 2oh!, CANNA HEMP and CANNA are a line-up of refreshing, all-natural, good-for-you, ready-to-drink waters in six flavors: blueberry-blast, island coco-lime, kiwi-strawberry, lemon-twist, mango-fandango and Q-cumbermint. Good Hemp fizz is a line-up of carbonated refreshing, all-natural, good-for-you, ready-to-drink carbonated beverages in three flavors: blueberry-bam, mango-tango and citrus-twist.
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