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Mowi ASA (Mowi ASA) Gross Margin % : 55.92% (As of Dec. 2023)


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What is Mowi ASA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mowi ASA's Gross Profit for the three months ended in Dec. 2023 was $853 Mil. Mowi ASA's Revenue for the three months ended in Dec. 2023 was $1,526 Mil. Therefore, Mowi ASA's Gross Margin % for the quarter that ended in Dec. 2023 was 55.92%.


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

MNHVF' s Gross Margin % Range Over the Past 10 Years
Min: 43.1   Med: 50.49   Max: 65.74
Current: 50.65


During the past 13 years, the highest Gross Margin % of Mowi ASA was 65.74%. The lowest was 43.10%. And the median was 50.49%.

MNHVF's Gross Margin % is ranked better than
86.24% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs MNHVF: 50.65

Mowi ASA had a gross margin of 55.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mowi ASA was 0.40% per year.


Mowi ASA Gross Margin % Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Gross Margin % Chart

Mowi ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.20 43.30 50.27 55.79 50.70

Mowi ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 52.48 56.36 43.88 46.46 55.92

Competitive Comparison of Mowi ASA's Gross Margin %

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

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



Mowi ASA Gross Margin % Calculation

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

Mowi ASA's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3029 / 5974.155
=(Revenue - Cost of Goods Sold) / Revenue
=(5974.155 - 2945.147) / 5974.155
=50.70 %

Mowi ASA's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=853.1 / 1525.627
=(Revenue - Cost of Goods Sold) / Revenue
=(1525.627 - 672.519) / 1525.627
=55.92 %

* 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.


Mowi ASA  (OTCPK:MNHVF) 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

Mowi ASA had a gross margin of 55.92% for the quarter that ended in Dec. 2023 => 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.


Mowi ASA Gross Margin % Related Terms

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


Mowi ASA (Mowi ASA) Business Description

Address
Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

Mowi ASA (Mowi ASA) Headlines

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