Livestock Transport & Trading Co (KUW:CATTL) Gross Margin % : 20.57% (As of Mar. 2024)

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What is Livestock Transport & Trading Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Livestock Transport & Trading Co's Gross Profit for the three months ended in Mar. 2024 was KWD2.53 Mil. Livestock Transport & Trading Co's Revenue for the three months ended in Mar. 2024 was KWD12.32 Mil. Therefore, Livestock Transport & Trading Co's Gross Margin % for the quarter that ended in Mar. 2024 was 20.57%.

The historical rank and industry rank for Livestock Transport & Trading Co's Gross Margin % or its related term are showing as below:

KUW:CATTL' s Gross Margin % Range Over the Past 10 Years
Min: -7.8 Med: 9.6 Max: 18.13
Current: 18.13

During the past 13 years, the highest Gross Margin % of Livestock Transport & Trading Co was 18.13%. The lowest was -7.80%. And the median was 9.60%.

KUW:CATTL's Gross Margin % is ranked worse than
65.16% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.685 vs KUW:CATTL: 18.13

Livestock Transport & Trading Co had a gross margin of 20.57% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Livestock Transport & Trading Co was 9.90% per year.

Livestock Transport & Trading Co Gross Margin % Historical Data

The historical data trend for Livestock Transport & Trading Co'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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Livestock Transport & Trading Co Gross Margin % Chart

Livestock Transport & Trading Co Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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10.03

9.73

5.52

7.54

17.38

Livestock Transport & Trading Co 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															17.73	16.25	6.11	25.62	20.57

Competitive Comparison of Livestock Transport & Trading Co's Gross Margin %

For the Food Distribution subindustry, Livestock Transport & Trading Co'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.

Livestock Transport & Trading Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Livestock Transport & Trading Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Livestock Transport & Trading Co's Gross Margin % falls into.

Livestock Transport & Trading Co Gross Margin % Calculation

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

Livestock Transport & Trading Co'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 )
	=	8	/	46.231
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(46.231 - 38.197)	/	46.231
	=	17.38 %

Livestock Transport & Trading Co'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 )
	=	2.5	/	12.32
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(12.32 - 9.786)	/	12.32
	=	20.57 %

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.

Livestock Transport & Trading Co (KUW:CATTL) 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

Livestock Transport & Trading Co had a gross margin of 20.57% 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.

Livestock Transport & Trading Co Gross Margin % Related Terms

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Livestock Transport & Trading Co (KUW:CATTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Livestock Transport & Trading Co (KUW:CATTL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sulaibiya Agricultural Area, Block 12, P.O. Box 23727, Kuwait, KWT, 13098

Website

https://www.almawashi.com.kw

Livestock Transport & Trading Co is engaged in livestock import & export business. It operates in three segments: Commercial, which includes purchasing, transporting, ranching, and selling the live and slaughtered sheep and all skins, intestines, and fertilizers, and also purchasing and selling fodder and chilled & frozen meat in wholesale and retail; Food processing segment includes meat processing and its classification in all products and selling it in wholesale; and Investments segment include investment portfolios managed by specialized companies and deposits. It generates the majority of its revenue from the Commercial segment. Its geographical segments are Kuwait, UAE, Australia, and South Africa, of which Kuwait accounts for most of its revenue.

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