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Webuy Global (Webuy Global) Gross Margin % : 11.84% (As of Dec. 2023)


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What is Webuy Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Webuy Global's Gross Profit for the six months ended in Dec. 2023 was $4.41 Mil. Webuy Global's Revenue for the six months ended in Dec. 2023 was $37.29 Mil. Therefore, Webuy Global's Gross Margin % for the quarter that ended in Dec. 2023 was 11.84%.


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

WBUY' s Gross Margin % Range Over the Past 10 Years
Min: 8.34   Med: 8.42   Max: 11.23
Current: 8.34


During the past 3 years, the highest Gross Margin % of Webuy Global was 11.23%. The lowest was 8.34%. And the median was 8.42%.

WBUY's Gross Margin % is ranked worse than
92.88% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs WBUY: 8.34

Webuy Global had a gross margin of 11.84% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Webuy Global Gross Margin % Historical Data

The historical data trend for Webuy Global'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.

Webuy Global Gross Margin % Chart

Webuy Global Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
11.23 8.42 8.34

Webuy Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % - 7.43 8.92 2.99 11.84

Competitive Comparison of Webuy Global's Gross Margin %

For the Internet Retail subindustry, Webuy Global'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.


Webuy Global's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Webuy Global's Gross Margin % distribution charts can be found below:

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



Webuy Global Gross Margin % Calculation

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

Webuy Global'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 )
=5.1 / 61.686
=(Revenue - Cost of Goods Sold) / Revenue
=(61.686 - 56.543) / 61.686
=8.34 %

Webuy Global'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 )
=4.4 / 37.286
=(Revenue - Cost of Goods Sold) / Revenue
=(37.286 - 32.873) / 37.286
=11.84 %

* 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.


Webuy Global  (NAS:WBUY) 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

Webuy Global had a gross margin of 11.84% 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.


Webuy Global Gross Margin % Related Terms

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Webuy Global (Webuy Global) Business Description

Traded in Other Exchanges
N/A
Address
35 Tampines Street 92, Singapore, SGP, 528880
Webuy Global Ltd is an emerging Southeast Asian (SEA) community-oriented e-commerce retailer (Community e-Commerce Retailor) with a focus on grocery and travel. Community e-commerce is a deepened extension form of e-commerce, where social media users with mutual interest and like-minded behavior are connected, forming a community group within a network through an online medium. Its mission is to make social shopping a new lifestyle for consumers and to empower consumers' purchases with an efficient cost-saving purchasing model. The company is also engaged in selling packaged tours to its customer. The majority of revenue is derived from the sales of groceries through its online platform.