Sucro (TSXV:SUG) Gross Margin % : 0.00% (As of Dec. 2023)

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What is Sucro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sucro's Gross Profit for the three months ended in Dec. 2023 was C$666.6 Mil. Sucro's Revenue for the three months ended in Dec. 2023 was C$666.6 Mil. Therefore, Sucro's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.

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

TSXV:SUG' s Gross Margin % Range Over the Past 10 Years
Min: 14.15 Med: 15.04 Max: 77.5
Current: 77.5

During the past 3 years, the highest Gross Margin % of Sucro was 77.50%. The lowest was 14.15%. And the median was 15.04%.

TSXV:SUG's Gross Margin % is ranked better than
96.85% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.09 vs TSXV:SUG: 77.50

Sucro had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

Sucro Gross Margin % Historical Data

The historical data trend for Sucro'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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Sucro Gross Margin % Chart

Sucro Annual Data

Trend

Dec21

Dec22

Dec23

Gross Margin %

15.04

16.49

14.15

Sucro Quarterly Data
	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial			15.15	-	29.12	-	-

Competitive Comparison of Sucro's Gross Margin %

For the Confectioners subindustry, Sucro'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.

Sucro's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sucro's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sucro's Gross Margin % falls into.

Sucro Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Sucro'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 )
	=	94.3	/	666.552
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(666.552 - 572.258)	/	666.552
	=	14.15 %

Sucro'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 )
	=	666.6	/	666.552
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(666.552 - 0)	/	666.552
	=	N/A %

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.

Sucro (TSXV:SUG) 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

Sucro had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable 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.

Sucro Gross Margin % Related Terms

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Sucro (TSXV:SUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sucro Ltd (TSXV:SUG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Ponce de Leon Blvd, Suite 1204, Coral Gables, FL, USA, 33134

Website

https://www.sucro.us

Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services primarily to the Trade segment.

Sucro (TSXV:SUG) Headlines

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