Coho Collective Kitchens (TSXV:COHO) Gross Margin % : 78.60% (As of Dec. 2023)

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What is Coho Collective Kitchens Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Coho Collective Kitchens's Gross Profit for the three months ended in Dec. 2023 was C$3.25 Mil. Coho Collective Kitchens's Revenue for the three months ended in Dec. 2023 was C$4.13 Mil. Therefore, Coho Collective Kitchens's Gross Margin % for the quarter that ended in Dec. 2023 was 78.60%.

The historical rank and industry rank for Coho Collective Kitchens's Gross Margin % or its related term are showing as below:

TSXV:COHO' s Gross Margin % Range Over the Past 10 Years
Min: 81.3 Med: 86.52 Max: 86.52
Current: 81.3

During the past 2 years, the highest Gross Margin % of Coho Collective Kitchens was 86.52%. The lowest was 81.30%. And the median was 86.52%.

TSXV:COHO's Gross Margin % is ranked better than
98.54% of 343 companies
in the Restaurants industry
Industry Median: 47.41 vs TSXV:COHO: 81.30

Coho Collective Kitchens had a gross margin of 78.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coho Collective Kitchens was 0.00% per year.

Coho Collective Kitchens Gross Margin % Historical Data

The historical data trend for Coho Collective Kitchens'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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Coho Collective Kitchens Gross Margin % Chart

Coho Collective Kitchens Annual Data

Trend

Mar22

Mar23

Gross Margin %

86.52

Coho Collective Kitchens Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial						88.26	85.35	88.68	82.56	78.60

Competitive Comparison of Coho Collective Kitchens's Gross Margin %

For the Restaurants subindustry, Coho Collective Kitchens'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.

Coho Collective Kitchens's Gross Margin % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Coho Collective Kitchens's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coho Collective Kitchens's Gross Margin % falls into.

Coho Collective Kitchens Gross Margin % Calculation

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

Coho Collective Kitchens's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	2.2	/	2.551
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.551 - 0.344)	/	2.551
	=	86.52 %

Coho Collective Kitchens'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 )
	=	3.2	/	4.13
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4.13 - 0.884)	/	4.13
	=	78.60 %

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.

Coho Collective Kitchens (TSXV:COHO) 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

Coho Collective Kitchens had a gross margin of 78.60% 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.

Coho Collective Kitchens Gross Margin % Related Terms

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Coho Collective Kitchens (TSXV:COHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Coho Collective Kitchens Inc (TSXV:COHO) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1370 E. Georgia Street, Vancouver, BC, CAN, V5L 2A8

Website

https://www.cohocommissary.com

Coho Collective Kitchens Inc engages in the provision of Commercial Commissary Kitchens and the rental of these kitchens to food-based businesses in Canada. The company currently offers its services and sells its products through three main channels, commissary operations, the hospitality food service establishment (Cafe), and the e-commerce food delivery platform, CohoMarket.ca (Coho Market).

Coho Collective Kitchens (TSXV:COHO) Headlines

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