AME Company for Medical Supplies (SAU:9527) Gross Margin % : 41.82% (As of Dec. 2023)

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What is AME Company for Medical Supplies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AME Company for Medical Supplies's Gross Profit for the six months ended in Dec. 2023 was ﷼43.1 Mil. AME Company for Medical Supplies's Revenue for the six months ended in Dec. 2023 was ﷼103.0 Mil. Therefore, AME Company for Medical Supplies's Gross Margin % for the quarter that ended in Dec. 2023 was 41.82%.

The historical rank and industry rank for AME Company for Medical Supplies's Gross Margin % or its related term are showing as below:

SAU:9527' s Gross Margin % Range Over the Past 10 Years
Min: 44.22 Med: 45.94 Max: 46.74
Current: 44.22

During the past 3 years, the highest Gross Margin % of AME Company for Medical Supplies was 46.74%. The lowest was 44.22%. And the median was 45.94%.

SAU:9527's Gross Margin % is ranked better than
89.36% of 94 companies
in the Medical Distribution industry
Industry Median: 16.22 vs SAU:9527: 44.22

AME Company for Medical Supplies had a gross margin of 41.82% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AME Company for Medical Supplies was 0.00% per year.

AME Company for Medical Supplies Gross Margin % Historical Data

The historical data trend for AME Company for Medical Supplies'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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AME Company for Medical Supplies Gross Margin % Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

45.94

46.74

44.22

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			46.01	45.09	48.83	46.28	41.82

Competitive Comparison of AME Company for Medical Supplies's Gross Margin %

For the Medical Distribution subindustry, AME Company for Medical Supplies'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.

AME Company for Medical Supplies's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AME Company for Medical Supplies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AME Company for Medical Supplies's Gross Margin % falls into.

AME Company for Medical Supplies Gross Margin % Calculation

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

AME Company for Medical Supplies'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 )
	=	98.8	/	223.318
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(223.318 - 124.565)	/	223.318
	=	44.22 %

AME Company for Medical Supplies's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	43.1	/	102.981
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(102.981 - 59.919)	/	102.981
	=	41.82 %

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.

AME Company for Medical Supplies (SAU:9527) 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

AME Company for Medical Supplies had a gross margin of 41.82% for the quarter that ended in Dec. 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.

AME Company for Medical Supplies Gross Margin % Related Terms

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AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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