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Al Ansari Financial Services (DFM:ALANSARI) Gross Margin % : 67.12% (As of Mar. 2024)


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What is Al Ansari Financial Services Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Al Ansari Financial Services's Gross Profit for the three months ended in Mar. 2024 was د.إ184 Mil. Al Ansari Financial Services's Revenue for the three months ended in Mar. 2024 was د.إ275 Mil. Therefore, Al Ansari Financial Services's Gross Margin % for the quarter that ended in Mar. 2024 was 67.12%.


The historical rank and industry rank for Al Ansari Financial Services's Gross Margin % or its related term are showing as below:

DFM:ALANSARI' s Gross Margin % Range Over the Past 10 Years
Min: 63.21   Med: 71.02   Max: 74.13
Current: 63.21


During the past 5 years, the highest Gross Margin % of Al Ansari Financial Services was 74.13%. The lowest was 63.21%. And the median was 71.02%.

DFM:ALANSARI's Gross Margin % is ranked better than
65.89% of 604 companies
in the Capital Markets industry
Industry Median: 47.545 vs DFM:ALANSARI: 63.21

Al Ansari Financial Services had a gross margin of 67.12% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Al Ansari Financial Services was 0.00% per year.


Al Ansari Financial Services Gross Margin % Historical Data

The historical data trend for Al Ansari Financial Services'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.

Al Ansari Financial Services Gross Margin % Chart

Al Ansari Financial Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
68.29 71.02 72.88 74.13 69.40

Al Ansari Financial Services Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 71.66 61.36 60.10 64.49 67.12

Competitive Comparison of Al Ansari Financial Services's Gross Margin %

For the Capital Markets subindustry, Al Ansari Financial Services'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.


Al Ansari Financial Services's Gross Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Al Ansari Financial Services's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Al Ansari Financial Services's Gross Margin % falls into.



Al Ansari Financial Services Gross Margin % Calculation

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

Al Ansari Financial Services'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 )
=793 / 1142.616
=(Revenue - Cost of Goods Sold) / Revenue
=(1142.616 - 349.628) / 1142.616
=69.40 %

Al Ansari Financial Services's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=184.4 / 274.726
=(Revenue - Cost of Goods Sold) / Revenue
=(274.726 - 90.319) / 274.726
=67.12 %

* 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.


Al Ansari Financial Services  (DFM:ALANSARI) 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

Al Ansari Financial Services had a gross margin of 67.12% for the quarter that ended in Mar. 2024 => 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.


Al Ansari Financial Services Gross Margin % Related Terms

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


Al Ansari Financial Services (DFM:ALANSARI) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE
Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

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