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Jewett-Cameron Trading Co (Jewett-Cameron Trading Co) Gross Margin % : 25.09% (As of Feb. 2024)


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What is Jewett-Cameron Trading Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jewett-Cameron Trading Co's Gross Profit for the three months ended in Feb. 2024 was $2.07 Mil. Jewett-Cameron Trading Co's Revenue for the three months ended in Feb. 2024 was $8.23 Mil. Therefore, Jewett-Cameron Trading Co's Gross Margin % for the quarter that ended in Feb. 2024 was 25.09%.


The historical rank and industry rank for Jewett-Cameron Trading Co's Gross Margin % or its related term are showing as below:

JCTCF' s Gross Margin % Range Over the Past 10 Years
Min: 19.79   Med: 21.93   Max: 27.75
Current: 22.26


During the past 13 years, the highest Gross Margin % of Jewett-Cameron Trading Co was 27.75%. The lowest was 19.79%. And the median was 21.93%.

JCTCF's Gross Margin % is ranked better than
56.18% of 283 companies
in the Forest Products industry
Industry Median: 19.84 vs JCTCF: 22.26

Jewett-Cameron Trading Co had a gross margin of 25.09% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Jewett-Cameron Trading Co was 0.30% per year.


Jewett-Cameron Trading Co Gross Margin % Historical Data

The historical data trend for Jewett-Cameron Trading Co'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.

Jewett-Cameron Trading Co Gross Margin % Chart

Jewett-Cameron Trading Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.92 27.75 24.60 21.93 22.56

Jewett-Cameron Trading Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 23.59 23.29 20.88 19.95 25.09

Competitive Comparison of Jewett-Cameron Trading Co's Gross Margin %

For the Lumber & Wood Production subindustry, Jewett-Cameron Trading Co'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.


Jewett-Cameron Trading Co's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Jewett-Cameron Trading Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jewett-Cameron Trading Co's Gross Margin % falls into.



Jewett-Cameron Trading Co Gross Margin % Calculation

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

Jewett-Cameron Trading Co's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=12.2 / 54.289
=(Revenue - Cost of Goods Sold) / Revenue
=(54.289 - 42.042) / 54.289
=22.56 %

Jewett-Cameron Trading Co's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=2.1 / 8.229
=(Revenue - Cost of Goods Sold) / Revenue
=(8.229 - 6.164) / 8.229
=25.09 %

* 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.


Jewett-Cameron Trading Co  (NAS:JCTCF) 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

Jewett-Cameron Trading Co had a gross margin of 25.09% for the quarter that ended in Feb. 2024 => 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.


Jewett-Cameron Trading Co Gross Margin % Related Terms

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


Jewett-Cameron Trading Co (Jewett-Cameron Trading Co) Business Description

Traded in Other Exchanges
N/A
Address
32275 North West Hillcrest, P.O. Box 1010, North Plains, OR, USA, 97133
Jewett-Cameron Trading Co Ltd through its subsidiaries engages in the wholesale distribution of a variety of specialty wood products. Its operating segments include, The Industrial wood products segment is engaged in the processing and distribution of industrial wood products. The Pet Fencing and Other segment, which is the key revenue driver, operates as a wholesaler of wood products and a manufacturer and distributor of specialty metal products. The Seed processing and sales segment processes and distributes agricultural seed and Corporate and administrative. The company predominantly operates in United States and also has its presence in Canada, Latin America, Europe and Asia and other regions.
Executives
Chad Michael Summers director, officer: Chief Executive Officer 2615 COEUR D'ALENE DR, WEST LINN OR 97065
Van Domelen Mitchell David officer: CFO and Corporate Secretary 17492 NW COUNTRY DRIVE, PORTLAND OR 97223
Michael Charles Nasser 10 percent owner, officer: Corporate Secretary 3150 S.W. 72ND, PORTLAND OR 97225
Oregon Community Foundation 10 percent owner 1221 SW YAMHILL #100, PORTLAND OR 97205
Donald Boone Irrev Trust 10 percent owner C/O RIVERVIEW TRUST COMPANY, 900 WASHINGTON ST, SUITE 900, VANCOUVER WA 98660
Donald M Boone director, 10 percent owner, officer: President/CEO/Treasurer PO BOX 1010, N PLAINS OR 97133
Chris Joseph Karlin director 1822 PROSPECT AVE, HOOD RIVER OR 97031
Sarah Kathleen Johnson director 810 NE 22ND AVE, PORTLAND OR 97232
Geoffrey Gaddy Guilfoy director 1260 NW NAITO PARKWAY #704, PORTLAND OR 97209
Charles E. Hopewell director, officer: President and CEO P.O. BOX 1010, NORTH PLAINS OR 97133
Frank Gerald Magdlen director 13620 SE MAPLE LANE, MILWAUKIE OR 97222
Ted A Sharp director 428 CRYSTAL SPRINGS LN, KEIZER OR 97303
Ralph Elton Lodewick director 5945 NW SEWELL RD, HILLSBORO OR 97124
Murray George Smith officer: Chief Financial Officer 11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Thomas Robert Rice officer: Chief Financial Officer P.O. BOX 1010, NORTH PLAINS OR 97133

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