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Warrix Sport PCL (BKK:WARRIX) Gross Margin % : 49.05% (As of Sep. 2023)


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What is Warrix Sport PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Warrix Sport PCL's Gross Profit for the three months ended in Sep. 2023 was ฿160 Mil. Warrix Sport PCL's Revenue for the three months ended in Sep. 2023 was ฿325 Mil. Therefore, Warrix Sport PCL's Gross Margin % for the quarter that ended in Sep. 2023 was 49.05%.


The historical rank and industry rank for Warrix Sport PCL's Gross Margin % or its related term are showing as below:

BKK:WARRIX' s Gross Margin % Range Over the Past 10 Years
Min: 45.11   Med: 45.69   Max: 47.7
Current: 47.7


During the past 2 years, the highest Gross Margin % of Warrix Sport PCL was 47.70%. The lowest was 45.11%. And the median was 45.69%.

BKK:WARRIX's Gross Margin % is ranked better than
56.23% of 770 companies
in the Travel & Leisure industry
Industry Median: 43.215 vs BKK:WARRIX: 47.70

Warrix Sport PCL had a gross margin of 49.05% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Warrix Sport PCL was 0.00% per year.


Warrix Sport PCL Gross Margin % Historical Data

The historical data trend for Warrix Sport PCL'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.

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Warrix Sport PCL Gross Margin % Chart

Warrix Sport PCL Annual Data
Trend Dec21 Dec22
Gross Margin %
45.11 46.27

Warrix Sport PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial 45.58 47.97 44.95 48.26 49.05

Competitive Comparison of Warrix Sport PCL's Gross Margin %

For the Leisure subindustry, Warrix Sport PCL'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.


Warrix Sport PCL's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Warrix Sport PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Warrix Sport PCL's Gross Margin % falls into.



Warrix Sport PCL Gross Margin % Calculation

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

Warrix Sport PCL's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=491.8 / 1062.886
=(Revenue - Cost of Goods Sold) / Revenue
=(1062.886 - 571.095) / 1062.886
=46.27 %

Warrix Sport PCL's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=159.6 / 325.443
=(Revenue - Cost of Goods Sold) / Revenue
=(325.443 - 165.806) / 325.443
=49.05 %

* 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.


Warrix Sport PCL  (BKK:WARRIX) 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

Warrix Sport PCL had a gross margin of 49.05% for the quarter that ended in Sep. 2023 => Durable 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.


Warrix Sport PCL Gross Margin % Related Terms

Thank you for viewing the detailed overview of Warrix Sport PCL's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Warrix Sport PCL (BKK:WARRIX) Business Description

Traded in Other Exchanges
N/A
Address
849/6-8 Stadium One, Rama 6 Road, Wangmai, Pathumwan, Bangkok, THA, 10330
Warrix Sport PCL operates its main business as the seller of uniforms, clothing, and sports equipment locally and overseas and operates a physical therapy clinic. The group operates in three segments, Credit selling, online selling, and other segments.

Warrix Sport PCL (BKK:WARRIX) Headlines

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