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Healthier Choices Management (Healthier Choices Management) Gross Margin % : 36.02% (As of Dec. 2023)


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What is Healthier Choices Management Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Healthier Choices Management's Gross Profit for the three months ended in Dec. 2023 was $5.71 Mil. Healthier Choices Management's Revenue for the three months ended in Dec. 2023 was $15.85 Mil. Therefore, Healthier Choices Management's Gross Margin % for the quarter that ended in Dec. 2023 was 36.02%.

Warning Sign:

Healthier Choices Management Corp gross margin has been in long-term decline. The average rate of decline per year is -5.9%.


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

HCMC' s Gross Margin % Range Over the Past 10 Years
Min: 5.12   Med: 42.2   Max: 58.63
Current: 36.54


During the past 13 years, the highest Gross Margin % of Healthier Choices Management was 58.63%. The lowest was 5.12%. And the median was 42.20%.

HCMC's Gross Margin % is ranked better than
82.64% of 311 companies
in the Retail - Defensive industry
Industry Median: 22.82 vs HCMC: 36.54

Healthier Choices Management had a gross margin of 36.02% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Healthier Choices Management was -5.90% per year.


Healthier Choices Management Gross Margin % Historical Data

The historical data trend for Healthier Choices Management'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.

Healthier Choices Management Gross Margin % Chart

Healthier Choices Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.90 41.50 39.74 34.93 36.54

Healthier Choices Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.93 36.24 37.44 36.54 36.02

Competitive Comparison of Healthier Choices Management's Gross Margin %

For the Grocery Stores subindustry, Healthier Choices Management'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.


Healthier Choices Management's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Healthier Choices Management's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Healthier Choices Management's Gross Margin % falls into.



Healthier Choices Management Gross Margin % Calculation

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

Healthier Choices Management'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 )
=20.3 / 55.69
=(Revenue - Cost of Goods Sold) / Revenue
=(55.69 - 35.342) / 55.69
=36.54 %

Healthier Choices Management'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 )
=5.7 / 15.851
=(Revenue - Cost of Goods Sold) / Revenue
=(15.851 - 10.142) / 15.851
=36.02 %

* 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.


Healthier Choices Management  (OTCPK:HCMC) 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

Healthier Choices Management had a gross margin of 36.02% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Healthier Choices Management Gross Margin % Related Terms

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


Healthier Choices Management (Healthier Choices Management) Business Description

Traded in Other Exchanges
N/A
Address
3800 North 28th Way, Hollywood, FL, USA, 33020
Healthier Choices Management Corp is a United States-based holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. It offers Ada's Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins, and supplements, Paradise Health & Nutrition's three stores offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat, and seafood, Mother Earth's Storehouse, is a two-store organic and health food and vitamin chain, and Greens Natural Foods offers organic produce and all-natural, non-GMO groceries & bulk foods. The operating segments of the company are Grocery and Vapor. Grocery segments account for the majority of its revenue.
Executives
Clifford J. Friedman director 5018 NW102 DRIVE, CORAL SPRINGS FL 33076
Anthony Panariello director 3214 SW 53RD COURT, HOLLYWOOD FL 33321
John Ollet officer: Chief Financial Officer 3800 NORTH 28TH WAY, HOLLYWOOD FL 33020
Christopher Santi officer: President and COO 3001 GRIFFIN RD, DANIA BEACH FL 33312
Jeffrey Elliot Holman officer: Chief Executive Officer 3341 N.E. 165TH STREET, NORTH MIAMI BEACH FL 33160
Gina Hicks officer: Chief Financial Officer 3001 GRIFFIN ROAD, DANIA BEACH FL 33312
Nik Raman director 171 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
William C Conway director 3001 GRIFFIN ROAD, DANIA BEACH FL 33312
Daniel Maclachlan director 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
James Joseph Martin officer: Chief Financial Officer 4400 BISCAYNE BLVD, SUITE # 670, MIAMI FL 33157
Gregory Brauser director, officer: President 4400 BISCAYNE BLVD #850, MIAMI FL 33137
Robert Swayman director 5022 NW 102 DRIVE, CORAL SPRINGS FL 33076
Angela Courtin director 3101 COLBY AVENEUE, LOS ANGELES CA 90066
Frank E Jaumot director 190 SE 19TH AVENUE, POMPANO BEACH FL 33060
Barrett Robert J Iii director 2075 REGENTS BLVD, WEST PALM BEACH FL 33409