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Investore Property (NZSE:IPL) Gross Margin % : 86.06% (As of Mar. 2024)


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What is Investore Property Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Investore Property's Gross Profit for the six months ended in Mar. 2024 was NZ$31.43 Mil. Investore Property's Revenue for the six months ended in Mar. 2024 was NZ$36.53 Mil. Therefore, Investore Property's Gross Margin % for the quarter that ended in Mar. 2024 was 86.06%.


The historical rank and industry rank for Investore Property's Gross Margin % or its related term are showing as below:

NZSE:IPL' s Gross Margin % Range Over the Past 10 Years
Min: 78.82   Med: 79.93   Max: 85.66
Current: 80.64


During the past 7 years, the highest Gross Margin % of Investore Property was 85.66%. The lowest was 78.82%. And the median was 79.93%.

NZSE:IPL's Gross Margin % is ranked better than
72.77% of 628 companies
in the REITs industry
Industry Median: 68.93 vs NZSE:IPL: 80.64

Investore Property had a gross margin of 86.06% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Investore Property was -1.00% per year.


Investore Property Gross Margin % Historical Data

The historical data trend for Investore Property'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.

Investore Property Gross Margin % Chart

Investore Property Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial 80.79 78.82 78.98 80.55 81.13

Investore Property Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 81.31 75.91 85.24 76.17 86.06

Competitive Comparison of Investore Property's Gross Margin %

For the REIT - Retail subindustry, Investore Property'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.


Investore Property's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Investore Property's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Investore Property's Gross Margin % falls into.



Investore Property Gross Margin % Calculation

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

Investore Property's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=59.1 / 72.823
=(Revenue - Cost of Goods Sold) / Revenue
=(72.823 - 13.741) / 72.823
=81.13 %

Investore Property'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 )
=31.4 / 36.525
=(Revenue - Cost of Goods Sold) / Revenue
=(36.525 - 5.092) / 36.525
=86.06 %

* 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.


Investore Property  (NZSE:IPL) 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

Investore Property had a gross margin of 86.06% 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.


Investore Property Gross Margin % Related Terms

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Investore Property (NZSE:IPL) Business Description

Traded in Other Exchanges
N/A
Address
34 Shortland Street, Level 12, Auckland, NZL, 1010
Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.

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