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Viskase (Viskase) Gross Margin % : 21.17% (As of Sep. 2023)


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What is Viskase Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Viskase's Gross Profit for the three months ended in Sep. 2023 was $22.2 Mil. Viskase's Revenue for the three months ended in Sep. 2023 was $104.7 Mil. Therefore, Viskase's Gross Margin % for the quarter that ended in Sep. 2023 was 21.17%.

Warning Sign:

Viskase Companies Inc gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


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

VKSC' s Gross Margin % Range Over the Past 10 Years
Min: 20.13   Med: 24.56   Max: 26.38
Current: 21.17


During the past 13 years, the highest Gross Margin % of Viskase was 26.38%. The lowest was 20.13%. And the median was 24.56%.

VKSC's Gross Margin % is ranked worse than
52.56% of 371 companies
in the Packaging & Containers industry
Industry Median: 21.58 vs VKSC: 21.17

Viskase had a gross margin of 21.17% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Viskase was -2.30% per year.


Viskase Gross Margin % Historical Data

The historical data trend for Viskase'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.

Viskase Gross Margin % Chart

Viskase Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.90 24.65 24.71 24.46 20.13

Viskase Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 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 24.02 21.75 13.94 16.47 21.17

Competitive Comparison of Viskase's Gross Margin %

For the Packaging & Containers subindustry, Viskase'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.


Viskase's Gross Margin % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase's Gross Margin % distribution charts can be found below:

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



Viskase Gross Margin % Calculation

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

Viskase's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Gross Margin % (A: Dec. 2018 )=Gross Profit (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=79.6 / 395.329
=(Revenue - Cost of Goods Sold) / Revenue
=(395.329 - 315.764) / 395.329
=20.13 %

Viskase'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 )
=22.2 / 104.724
=(Revenue - Cost of Goods Sold) / Revenue
=(104.724 - 82.558) / 104.724
=21.17 %

* 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.


Viskase  (OTCPK:VKSC) 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

Viskase had a gross margin of 21.17% 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.


Viskase Gross Margin % Related Terms

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


Viskase (Viskase) Business Description

Traded in Other Exchanges
N/A
Address
333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

From GuruFocus

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By GuruFocus Research 02-15-2024