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Life Healthcare Group Holdings (JSE:LHC) Gross Margin % : 0.00% (As of Sep. 2023)


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What is Life Healthcare Group Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Life Healthcare Group Holdings's Gross Profit for the six months ended in Sep. 2023 was R7,351 Mil. Life Healthcare Group Holdings's Revenue for the six months ended in Sep. 2023 was R7,351 Mil. Therefore, Life Healthcare Group Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Life Healthcare Group Holdings's Gross Margin % or its related term are showing as below:

JSE:LHC' s Gross Margin % Range Over the Past 10 Years
Min: 68.24   Med: 70.66   Max: 71.56
Current: 68.84


During the past 13 years, the highest Gross Margin % of Life Healthcare Group Holdings was 71.56%. The lowest was 68.24%. And the median was 70.66%.

JSE:LHC's Gross Margin % is ranked better than
76.85% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs JSE:LHC: 68.84

Life Healthcare Group Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Life Healthcare Group Holdings was -0.60% per year.


Life Healthcare Group Holdings Gross Margin % Historical Data

The historical data trend for Life Healthcare Group Holdings'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.

Life Healthcare Group Holdings Gross Margin % Chart

Life Healthcare Group Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.69 69.35 68.24 69.14 68.84

Life Healthcare Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Life Healthcare Group Holdings's Gross Margin %

For the Medical Care Facilities subindustry, Life Healthcare Group Holdings'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.


Life Healthcare Group Holdings's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Life Healthcare Group Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Life Healthcare Group Holdings's Gross Margin % falls into.



Life Healthcare Group Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Life Healthcare Group Holdings's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=15587 / 22641
=(Revenue - Cost of Goods Sold) / Revenue
=(22641 - 7054) / 22641
=68.84 %

Life Healthcare Group Holdings'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 )
=7351 / 7351
=(Revenue - Cost of Goods Sold) / Revenue
=(7351 - 0) / 7351
=N/A %

* 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.


Life Healthcare Group Holdings  (JSE:LHC) 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

Life Healthcare Group Holdings had a gross margin of N/A% for the quarter that ended in Sep. 2023 => 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.


Life Healthcare Group Holdings Gross Margin % Related Terms

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Life Healthcare Group Holdings (JSE:LHC) Business Description

Traded in Other Exchanges
Address
203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196
Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include hospitals and complementary services, healthcare services, and Radiopharmaceutical products. The hospitals and complementary services segment generates majority of the revenue. Its services include mental healthcare, acute rehabilitation, renal dialysis, and oncology. The smaller growth initiatives segment focuses on clinical quality products, and outpatient business in South Africa.

Life Healthcare Group Holdings (JSE:LHC) Headlines