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Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) Gross Margin % : 23.73% (As of Sep. 2023)


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What is Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Profit for the three months ended in Sep. 2023 was ₺307 Mil. Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Revenue for the three months ended in Sep. 2023 was ₺1,295 Mil. Therefore, Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin % for the quarter that ended in Sep. 2023 was 23.73%.


The historical rank and industry rank for Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin % or its related term are showing as below:

IST:KIMMR' s Gross Margin % Range Over the Past 10 Years
Min: 22.91   Med: 25.77   Max: 27.39
Current: 24.19


During the past 5 years, the highest Gross Margin % of Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS was 27.39%. The lowest was 22.91%. And the median was 25.77%.

IST:KIMMR's Gross Margin % is ranked worse than
73.06% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.46 vs IST:KIMMR: 24.19

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS had a gross margin of 23.73% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS was 0.00% per year.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Gross Margin % Historical Data

The historical data trend for Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS'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.

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Gross Margin % Chart

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
27.39 25.77 22.91 26.72 24.51

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 24.75 24.59 24.80 23.90 23.73

Competitive Comparison of Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin %

For the Department Stores subindustry, Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS'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.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin % falls into.



Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Gross Margin % Calculation

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

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=603.8 / 2463.938
=(Revenue - Cost of Goods Sold) / Revenue
=(2463.938 - 1860.115) / 2463.938
=24.51 %

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=307.4 / 1295.388
=(Revenue - Cost of Goods Sold) / Revenue
=(1295.388 - 987.954) / 1295.388
=23.73 %

* 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.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS  (IST:KIMMR) 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

Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS had a gross margin of 23.73% for the quarter that ended in Sep. 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.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS Gross Margin % Related Terms

Thank you for viewing the detailed overview of Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ersan Alisveris Hizmetleri ve Gidanayi Ticaret AS (IST:KIMMR) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Hadimkoy Mah. Metin Oktay Cad. No: 3/1, Arnavutkoy, Istanbul, TUR
Ersan Alisveris Hizmetleri ve Gida Sanayi Ticaret AS is a supermarket chain in Turkey. It has around five stores.

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