Better For You Wellness (Better For You Wellness) Gross Margin % : 0.00% (As of Nov. 2023)

Better For You Wellness Gross Margin % Chart

Better For You Wellness Annual Data
	Trend	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Feb22	Feb23
Gross Margin %		Get a 7-Day Free Trial					-	-	-	50.00	-63.64

Better For You Wellness Quarterly Data
	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Gross Margin %	Get a 7-Day Free Trial															14.29	-50.00	50.00	50.00	-

Competitive Comparison of Better For You Wellness's Gross Margin %

For the Shell Companies subindustry, Better For You Wellness'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.

Better For You Wellness's Gross Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Gross Margin % falls into.

Better For You Wellness Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Better For You Wellness's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Better For You Wellness's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

* 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.

Better For You Wellness  (OTCPK:BFYW) Gross Margin % Explanation

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

Better For You Wellness had a gross margin of 0.00% for the quarter that ended in Nov. 2023 => No sustainable competitive advantage

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.

Better For You Wellness Gross Margin % Related Terms

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Better For You Wellness (Better For You Wellness) Business Description