What is Neptune Wellness Solutions Gross Margin %?
Gross Margin % is calculated as gross profit divided by its revenue. Neptune Wellness Solutions's Gross Profit for the
three
months ended in Dec. 2023 was $1.04 Mil. Neptune Wellness Solutions's Revenue for the
three
months ended in Dec. 2023 was $7.60 Mil. Therefore, Neptune Wellness Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 13.62%.
The historical rank and industry rank for Neptune Wellness Solutions's Gross Margin % or its related term are showing as below:
NEPTF'
s Gross Margin % Range Over the Past 10 Years
Min: -77.33 Med: 4.12 Max: 39.75
Current: -1.94
During the past 13 years, the highestGross Margin % of Neptune Wellness Solutions was 39.75%. The lowest was -77.33%. And the median was 4.12%.
NEPTF's Gross Margin % is ranked worse than 95.46% of 991
companies
in the Drug Manufacturers industry
Industry Median: 46.77
vs NEPTF: -1.94
Neptune Wellness Solutions had a gross margin of 13.62% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Neptune Wellness Solutions was 0.00% per year.
Neptune Wellness Solutions Gross Margin % Historical Data
The historical data trend for Neptune Wellness Solutions'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.
Competitive Comparison of Neptune Wellness Solutions's Gross Margin %
For the Drug Manufacturers - Specialty & Generic subindustry, Neptune Wellness Solutions'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.
Neptune Wellness Solutions's Gross Margin % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Neptune Wellness Solutions's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Neptune Wellness Solutions's Gross Margin % falls into.
* 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.
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
Neptune Wellness Solutions had a gross margin of 13.62% for the quarter that ended in Dec. 2023 => 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.
Neptune Wellness Solutions Gross Margin % Related Terms
Thank you for viewing the detailed overview of Neptune Wellness Solutions's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Neptune Wellness Solutions (Neptune Wellness Solutions) Business Description
Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 27,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NEPTF has been successfully added to your 