GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Delivra Health Brands Inc (TSXV:DHB) » Definitions » Gross Margin %

Delivra Health Brands (TSXV:DHB) Gross Margin % : 50.15% (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Delivra Health Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Delivra Health Brands's Gross Profit for the three months ended in Mar. 2024 was C$1.54 Mil. Delivra Health Brands's Revenue for the three months ended in Mar. 2024 was C$3.07 Mil. Therefore, Delivra Health Brands's Gross Margin % for the quarter that ended in Mar. 2024 was 50.15%.

Warning Sign:

Delivra Health Brands Inc gross margin has been in long-term decline. The average rate of decline per year is -10.7%.


The historical rank and industry rank for Delivra Health Brands's Gross Margin % or its related term are showing as below:

TSXV:DHB' s Gross Margin % Range Over the Past 10 Years
Min: -1414.47   Med: 31.99   Max: 127.27
Current: 54.2


During the past 13 years, the highest Gross Margin % of Delivra Health Brands was 127.27%. The lowest was -1414.47%. And the median was 31.99%.

TSXV:DHB's Gross Margin % is ranked better than
63.49% of 986 companies
in the Drug Manufacturers industry
Industry Median: 46.51 vs TSXV:DHB: 54.20

Delivra Health Brands had a gross margin of 50.15% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Delivra Health Brands was -10.70% per year.


Delivra Health Brands Gross Margin % Historical Data

The historical data trend for Delivra Health Brands'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.

Delivra Health Brands Gross Margin % Chart

Delivra Health Brands Annual Data
Trend Dec14 Dec15 Dec16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.70 9.30 24.12 31.99 49.26

Delivra Health Brands 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 40.84 60.21 52.36 53.85 50.15

Competitive Comparison of Delivra Health Brands's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Delivra Health Brands'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.


Delivra Health Brands's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Delivra Health Brands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delivra Health Brands's Gross Margin % falls into.



Delivra Health Brands Gross Margin % Calculation

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

Delivra Health Brands's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=4.8 / 9.791
=(Revenue - Cost of Goods Sold) / Revenue
=(9.791 - 4.968) / 9.791
=49.26 %

Delivra Health Brands'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 )
=1.5 / 3.071
=(Revenue - Cost of Goods Sold) / Revenue
=(3.071 - 1.531) / 3.071
=50.15 %

* 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.


Delivra Health Brands  (TSXV:DHB) 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

Delivra Health Brands had a gross margin of 50.15% for the quarter that ended in Mar. 2024 => 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.


Delivra Health Brands Gross Margin % Related Terms

Thank you for viewing the detailed overview of Delivra Health Brands's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Delivra Health Brands (TSXV:DHB) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Delivra Health Brands Inc helping people take control of health with alternative wellness solutions. Its portfolio features brands like Dream Water and LivRelief that deliver relief from common, everyday issues like chronic pain, anxiety, and sleeplessness. The principal activities of the company are to provide lifestyle and health and wellness products to consumers and patients in regulated markets. The company geographically operates in Canada and United States, out of which it generates maximum revenue from Unites States.

Delivra Health Brands (TSXV:DHB) Headlines

No Headlines