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PT Armada berjaya trans Tbk (ISX:JAYA) Gross Margin % : 31.46% (As of Mar. 2024)


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What is PT Armada berjaya trans Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Armada berjaya trans Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp8,728 Mil. PT Armada berjaya trans Tbk's Revenue for the three months ended in Mar. 2024 was Rp27,743 Mil. Therefore, PT Armada berjaya trans Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 31.46%.


The historical rank and industry rank for PT Armada berjaya trans Tbk's Gross Margin % or its related term are showing as below:

ISX:JAYA' s Gross Margin % Range Over the Past 10 Years
Min: 28.64   Med: 30.51   Max: 32.51
Current: 31.29


During the past 6 years, the highest Gross Margin % of PT Armada berjaya trans Tbk was 32.51%. The lowest was 28.64%. And the median was 30.51%.

ISX:JAYA's Gross Margin % is ranked better than
72.29% of 949 companies
in the Transportation industry
Industry Median: 20.12 vs ISX:JAYA: 31.29

PT Armada berjaya trans Tbk had a gross margin of 31.46% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PT Armada berjaya trans Tbk was 0.10% per year.


PT Armada berjaya trans Tbk Gross Margin % Historical Data

The historical data trend for PT Armada berjaya trans Tbk'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.

* Premium members only.

PT Armada berjaya trans Tbk Gross Margin % Chart

PT Armada berjaya trans Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 32.24 29.81 30.73 28.64 32.51

PT Armada berjaya trans Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.02 34.26 40.12 18.61 31.46

Competitive Comparison of PT Armada berjaya trans Tbk's Gross Margin %

For the Trucking subindustry, PT Armada berjaya trans Tbk'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.


PT Armada berjaya trans Tbk's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Armada berjaya trans Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Armada berjaya trans Tbk's Gross Margin % falls into.



PT Armada berjaya trans Tbk Gross Margin % Calculation

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

PT Armada berjaya trans Tbk's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=27569.9 / 84805.836
=(Revenue - Cost of Goods Sold) / Revenue
=(84805.836 - 57235.943) / 84805.836
=32.51 %

PT Armada berjaya trans Tbk's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=8728.4 / 27742.506
=(Revenue - Cost of Goods Sold) / Revenue
=(27742.506 - 19014.103) / 27742.506
=31.46 %

* 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.


PT Armada berjaya trans Tbk  (ISX:JAYA) 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

PT Armada berjaya trans Tbk had a gross margin of 31.46% for the quarter that ended in Mar. 2024 => 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.


PT Armada berjaya trans Tbk Gross Margin % Related Terms

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PT Armada berjaya trans Tbk (ISX:JAYA) Business Description

Traded in Other Exchanges
N/A
Address
Green Sedayu Bizpark, Cakung Gs 7 Number 19, Cakung Timur, East Jakarta, IDN, 14310
PT Armada berjaya trans Tbk is a general land transport and logistic company. The company's services include land transportation, custom clearance, and multimoda transport. Its geographical segments are West Java, Banten, DKI Jakarta Banton , Bali and Central Java.

PT Armada berjaya trans Tbk (ISX:JAYA) Headlines

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