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Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Gross Margin % : 26.12% (As of Mar. 2024)


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What is Pt Vktr Teknologi Mobilitas Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Pt Vktr Teknologi Mobilitas Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp53,562 Mil. Pt Vktr Teknologi Mobilitas Tbk's Revenue for the three months ended in Mar. 2024 was Rp205,077 Mil. Therefore, Pt Vktr Teknologi Mobilitas Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 26.12%.


The historical rank and industry rank for Pt Vktr Teknologi Mobilitas Tbk's Gross Margin % or its related term are showing as below:

ISX:VKTR' s Gross Margin % Range Over the Past 10 Years
Min: -7.35   Med: 17.36   Max: 21.66
Current: 21.66


During the past 5 years, the highest Gross Margin % of Pt Vktr Teknologi Mobilitas Tbk was 21.66%. The lowest was -7.35%. And the median was 17.36%.

ISX:VKTR's Gross Margin % is ranked better than
57.48% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 19.525 vs ISX:VKTR: 21.66

Pt Vktr Teknologi Mobilitas Tbk had a gross margin of 26.12% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Pt Vktr Teknologi Mobilitas Tbk was 0.00% per year.


Pt Vktr Teknologi Mobilitas Tbk Gross Margin % Historical Data

The historical data trend for Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk Gross Margin % Chart

Pt Vktr Teknologi Mobilitas Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
- -7.35 16.73 17.99 20.10

Pt Vktr Teknologi Mobilitas Tbk Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.12 21.80 9.64 33.51 26.12

Competitive Comparison of Pt Vktr Teknologi Mobilitas Tbk's Gross Margin %

For the Recreational Vehicles subindustry, Pt Vktr Teknologi Mobilitas 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 Vktr Teknologi Mobilitas Tbk's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pt Vktr Teknologi Mobilitas Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Pt Vktr Teknologi Mobilitas Tbk's Gross Margin % falls into.



Pt Vktr Teknologi Mobilitas Tbk Gross Margin % Calculation

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

Pt Vktr Teknologi Mobilitas 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 )
=213392 / 1061862
=(Revenue - Cost of Goods Sold) / Revenue
=(1061862 - 848470) / 1061862
=20.10 %

Pt Vktr Teknologi Mobilitas 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 )
=53562 / 205077
=(Revenue - Cost of Goods Sold) / Revenue
=(205077 - 151515) / 205077
=26.12 %

* 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 Vktr Teknologi Mobilitas Tbk  (ISX:VKTR) 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 Vktr Teknologi Mobilitas Tbk had a gross margin of 26.12% 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 Vktr Teknologi Mobilitas Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of Pt Vktr Teknologi Mobilitas Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Business Description

Traded in Other Exchanges
N/A
Address
Jl.H.R Rasuna Said, Bakrie Tower 35 floor, Rasuna Epicentrum, Jakarta, IDN, 12940
Pt Vktr Teknologi Mobilitas Tbk is engaged in wholesale trading of new cars and new motorcycles in the form of Battery-Based Electric Motorized Vehicles (KBLBB), spare parts components, car accessories, and the car body industry for four-wheeled or more motorized vehicles, battery-based electric motorized vehicles, two- and three-wheeled motorcycles and the iron and steel foundry industry, industry of spare parts and accessories for four-wheeled or more motorized vehicles through Subsidiaries.

Pt Vktr Teknologi Mobilitas Tbk (ISX:VKTR) Headlines

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