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Wilmar International (Wilmar International) Gross Margin % : 7.05% (As of Dec. 2023)


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What is Wilmar International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wilmar International's Gross Profit for the six months ended in Dec. 2023 was $2,442 Mil. Wilmar International's Revenue for the six months ended in Dec. 2023 was $34,617 Mil. Therefore, Wilmar International's Gross Margin % for the quarter that ended in Dec. 2023 was 7.05%.

Warning Sign:

Wilmar International Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.6%.


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

WLMIY' s Gross Margin % Range Over the Past 10 Years
Min: 7.85   Med: 9.74   Max: 11.09
Current: 7.86


During the past 13 years, the highest Gross Margin % of Wilmar International was 11.09%. The lowest was 7.85%. And the median was 9.74%.

WLMIY's Gross Margin % is ranked worse than
87.73% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs WLMIY: 7.86

Wilmar International had a gross margin of 7.05% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wilmar International was -4.60% per year.


Wilmar International Gross Margin % Historical Data

The historical data trend for Wilmar International'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.

Wilmar International Gross Margin % Chart

Wilmar International 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 10.56 11.09 10.96 8.92 7.85

Wilmar International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.70 10.21 7.67 8.70 7.05

Competitive Comparison of Wilmar International's Gross Margin %

For the Packaged Foods subindustry, Wilmar International'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.


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

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

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



Wilmar International Gross Margin % Calculation

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

Wilmar International'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 )
=5273.1 / 67155.262
=(Revenue - Cost of Goods Sold) / Revenue
=(67155.262 - 61882.127) / 67155.262
=7.85 %

Wilmar International'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 )
=2441.8 / 34617.226
=(Revenue - Cost of Goods Sold) / Revenue
=(34617.226 - 32175.433) / 34617.226
=7.05 %

* 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.


Wilmar International  (OTCPK:WLMIY) 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

Wilmar International had a gross margin of 7.05% 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.


Wilmar International Gross Margin % Related Terms

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


Wilmar International (Wilmar International) Business Description

Traded in Other Exchanges
Address
28 Biopolis Road, Wilmar International, Singapore, SGP, 138568
Wilmar International Ltd is a processor of palm and lauric oils and a producer of consumer pack edible oils. Its operating segment includes Food Products; Feed and Industrial Products; Plantation and Sugar Milling and others. The company generates maximum revenue from the Feed and Industrial Products segment. Its Feed and Industrial Products segment comprises the processing, merchandising, and distribution of products, which includes animal feeds, non-edible palm and lauric products, agricultural commodities, oleochemicals, gas oil, and biodiesel. Geographically, it derives a majority of revenue from the People's Republic of China.

Wilmar International (Wilmar International) Headlines

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