GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) » Definitions » Gross Margin %

PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) Gross Margin % : 61.03% (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is PT Adira Dinamika Multi Finance Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Adira Dinamika Multi Finance Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp1,219,931 Mil. PT Adira Dinamika Multi Finance Tbk's Revenue for the three months ended in Mar. 2024 was Rp1,998,907 Mil. Therefore, PT Adira Dinamika Multi Finance Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 61.03%.


The historical rank and industry rank for PT Adira Dinamika Multi Finance Tbk's Gross Margin % or its related term are showing as below:

ISX:ADMF' s Gross Margin % Range Over the Past 10 Years
Min: 32.84   Med: 54.23   Max: 58.45
Current: 58.45


During the past 13 years, the highest Gross Margin % of PT Adira Dinamika Multi Finance Tbk was 58.45%. The lowest was 32.84%. And the median was 54.23%.

ISX:ADMF's Gross Margin % is ranked better than
54.32% of 359 companies
in the Credit Services industry
Industry Median: 54.12 vs ISX:ADMF: 58.45

PT Adira Dinamika Multi Finance Tbk had a gross margin of 61.03% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Adira Dinamika Multi Finance Tbk was -0.20% per year.


PT Adira Dinamika Multi Finance Tbk Gross Margin % Historical Data

The historical data trend for PT Adira Dinamika Multi Finance Tbk'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.

PT Adira Dinamika Multi Finance Tbk Gross Margin % Chart

PT Adira Dinamika Multi Finance Tbk 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 57.74 53.57 54.88 56.54 57.49

PT Adira Dinamika Multi Finance Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 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 57.23 57.26 59.84 55.60 61.03

Competitive Comparison of PT Adira Dinamika Multi Finance Tbk's Gross Margin %

For the Credit Services subindustry, PT Adira Dinamika Multi Finance Tbk'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.


PT Adira Dinamika Multi Finance Tbk's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PT Adira Dinamika Multi Finance Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Adira Dinamika Multi Finance Tbk's Gross Margin % falls into.



PT Adira Dinamika Multi Finance Tbk Gross Margin % Calculation

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

PT Adira Dinamika Multi Finance Tbk'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 )
=4384661 / 7627043
=(Revenue - Cost of Goods Sold) / Revenue
=(7627043 - 3242382) / 7627043
=57.49 %

PT Adira Dinamika Multi Finance Tbk'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 )
=1219931 / 1998907
=(Revenue - Cost of Goods Sold) / Revenue
=(1998907 - 778976) / 1998907
=61.03 %

* 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.


PT Adira Dinamika Multi Finance Tbk  (ISX:ADMF) 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

PT Adira Dinamika Multi Finance Tbk had a gross margin of 61.03% 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.


PT Adira Dinamika Multi Finance Tbk Gross Margin % Related Terms

Thank you for viewing the detailed overview of PT Adira Dinamika Multi Finance Tbk's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 25, 53rd - 61st Floor, Millenium Centennial Center, Karet Setiabudi, Jakarta Selatan, IDN, 12920
PT Adira Dinamika Multi Finance Tbk is an Indonesian finance company. The revenue for the company is derived from consumer financing for used or new cars or motorcycles, electronic goods, furniture, and others. Besides conventional consumer financing, the company also offers Islamic consumer financing, finance leasing, and operating leasing for automobiles. The company's geographical business segment into areas consisting of Jabodetabekser, West Java, Central Java, East Java, Sumatera, Kalimantan, Sulawesi, Bali & Nusa Tenggara.

PT Adira Dinamika Multi Finance Tbk (ISX:ADMF) Headlines

No Headlines