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Del Monte Pacific (PHS:DELM) Gross Margin % : 18.03% (As of Jan. 2024)


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What is Del Monte Pacific Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Del Monte Pacific's Gross Profit for the three months ended in Jan. 2024 was ₱6,776 Mil. Del Monte Pacific's Revenue for the three months ended in Jan. 2024 was ₱37,575 Mil. Therefore, Del Monte Pacific's Gross Margin % for the quarter that ended in Jan. 2024 was 18.03%.


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

PHS:DELM' s Gross Margin % Range Over the Past 10 Years
Min: 9.8   Med: 21.3   Max: 26.59
Current: 19.81


During the past 13 years, the highest Gross Margin % of Del Monte Pacific was 26.59%. The lowest was 9.80%. And the median was 21.30%.

PHS:DELM's Gross Margin % is ranked worse than
62.4% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 25.21 vs PHS:DELM: 19.81

Del Monte Pacific had a gross margin of 18.03% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Del Monte Pacific was 6.60% per year.


Del Monte Pacific Gross Margin % Historical Data

The historical data trend for Del Monte Pacific'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.

Del Monte Pacific Gross Margin % Chart

Del Monte Pacific Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.21 21.24 25.71 26.59 25.07

Del Monte Pacific Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 22.34 20.15 20.96 20.31 18.03

Competitive Comparison of Del Monte Pacific's Gross Margin %

For the Packaged Foods subindustry, Del Monte Pacific'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.


Del Monte Pacific's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Del Monte Pacific's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Del Monte Pacific's Gross Margin % falls into.



Del Monte Pacific Gross Margin % Calculation

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

Del Monte Pacific's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=35269.6 / 140691.576
=(Revenue - Cost of Goods Sold) / Revenue
=(140691.576 - 105421.951) / 140691.576
=25.07 %

Del Monte Pacific's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=6776.3 / 37574.612
=(Revenue - Cost of Goods Sold) / Revenue
=(37574.612 - 30798.35) / 37574.612
=18.03 %

* 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.


Del Monte Pacific  (PHS:DELM) 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

Del Monte Pacific had a gross margin of 18.03% for the quarter that ended in Jan. 2024 => 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.


Del Monte Pacific Gross Margin % Related Terms

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


Del Monte Pacific (PHS:DELM) Business Description

Traded in Other Exchanges
Address
17 Bukit Pasoh Road, Singapore, SGP, 089831
Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

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