The historical rank and industry rank for Bizotic Commercial's Gross Margin % or its related term are showing as below:
BOM:543926'
s Gross Margin % Range Over the Past 10 Years
Min: 4.65 Med: 12.15 Max: 20.43
Current: 10.53
During the past 6 years, the highestGross Margin % of Bizotic Commercial was 20.43%. The lowest was 4.65%. And the median was 12.15%.
BOM:543926's Gross Margin % is ranked worse than 82.5% of 1023
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 27.18
vs BOM:543926: 10.53
Bizotic Commercial had a gross margin of 7.09% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Bizotic Commercial was 7.20% per year.
Bizotic Commercial Gross Margin % Historical Data
The historical data trend for Bizotic Commercial'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.
Competitive Comparison of Bizotic Commercial's Gross Margin %
For the Apparel Manufacturing subindustry, Bizotic Commercial'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.
Bizotic Commercial's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bizotic Commercial's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Bizotic Commercial's Gross Margin % falls into.
* 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.
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
Bizotic Commercial had a gross margin of 7.09% for the quarter that ended in Mar. 2024 => 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.
Bizotic Commercial Gross Margin % Related Terms
Thank you for viewing the detailed overview of Bizotic Commercial's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Bizotic Commercial (BOM:543926) Business Description
Bizotic Commercial Ltd manufactures, designs, and markets readymade garments, offering a diverse range of men's Formal Wear, Casual Wear, Party Wear, Fit Wear, Sports Wear, Comfort Wear, Ethnic Wear, and Winter Wear. It serves its customers through the channels of retail stores and e-commerce. its garment manufacturing process includes cutting, stitching, sewing, finishing, inspection, and packing. The company outsources the entire garments manufacturing on a job work basis from third-party contractors from time to time and provides the technical specifications such as designs, pattern, quality, fabric, etc. to them who, based on the specifications, procure the requisite raw materials at their costs and begin the manufacturing process.
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