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Available Finance (BOM:531310) Gross Margin % : 77.88% (As of Dec. 2023)


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What is Available Finance Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Available Finance's Gross Profit for the three months ended in Dec. 2023 was ₹1.07 Mil. Available Finance's Revenue for the three months ended in Dec. 2023 was ₹1.38 Mil. Therefore, Available Finance's Gross Margin % for the quarter that ended in Dec. 2023 was 77.88%.


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

BOM:531310' s Gross Margin % Range Over the Past 10 Years
Min: 16.72   Med: 76.22   Max: 97.2
Current: 84.77


During the past 13 years, the highest Gross Margin % of Available Finance was 97.20%. The lowest was 16.72%. And the median was 76.22%.

BOM:531310's Gross Margin % is ranked better than
84.68% of 359 companies
in the Credit Services industry
Industry Median: 54.12 vs BOM:531310: 84.77

Available Finance had a gross margin of 77.88% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Available Finance was 1.20% per year.


Available Finance Gross Margin % Historical Data

The historical data trend for Available Finance'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.

Available Finance Gross Margin % Chart

Available Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.86 97.20 93.61 91.90 77.58

Available Finance 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 87.50 95.28 82.50 85.79 77.88

Competitive Comparison of Available Finance's Gross Margin %

For the Credit Services subindustry, Available Finance'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.


Available Finance's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Available Finance's Gross Margin % distribution charts can be found below:

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



Available Finance Gross Margin % Calculation

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

Available Finance's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=4.6 / 5.897
=(Revenue - Cost of Goods Sold) / Revenue
=(5.897 - 1.322) / 5.897
=77.58 %

Available Finance'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 )
=1.1 / 1.379
=(Revenue - Cost of Goods Sold) / Revenue
=(1.379 - 0.305) / 1.379
=77.88 %

* 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.


Available Finance  (BOM:531310) 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

Available Finance had a gross margin of 77.88% for the quarter that ended in Dec. 2023 => 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.


Available Finance Gross Margin % Related Terms

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Available Finance (BOM:531310) Business Description

Traded in Other Exchanges
N/A
Address
5, Yeshwant Colony, Agarwal House, Indore, MP, IND, 452003
Available Finance Ltd is a non-banking financial company. It offers finance and investment services. Its core business activities include providing loans and advances. Its objective is to provide money with or without security to individuals and bodies corporate. The company also acquires, hold, sell, buy, and deal in any shares, stocks, debentures, bonds, mortgages, obligations, and other securities. It generates revenue in the form of interest on loans.

Available Finance (BOM:531310) Headlines

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