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Audalia Resources (ASX:ACP) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Audalia Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Audalia Resources's Gross Profit for the six months ended in Dec. 2023 was A$0.00 Mil. Audalia Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Audalia Resources's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


ASX:ACP's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 20.41
* Ranked among companies with meaningful Gross Margin % only.

Audalia Resources had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Audalia Resources was 0.00% per year.


Audalia Resources Gross Margin % Historical Data

The historical data trend for Audalia Resources'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.

Audalia Resources Gross Margin % Chart

Audalia Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
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Audalia Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Audalia Resources's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Audalia Resources'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.


Audalia Resources's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Audalia Resources's Gross Margin % distribution charts can be found below:

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



Audalia Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Audalia Resources's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Audalia Resources'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 )
=0 / 0.002
=(Revenue - Cost of Goods Sold) / Revenue
=(0.002 - 0) / 0.002
=N/A %

* 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.


Audalia Resources  (ASX:ACP) 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

Audalia Resources had a gross margin of N/A% 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.


Audalia Resources Gross Margin % Related Terms

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


Audalia Resources Business Description

Traded in Other Exchanges
N/A
Address
1139 Hay Street, Level 1, Office F, West Perth, Perth, WA, AUS, 6005
Audalia Resources Ltd is engaged in mineral exploration and evaluation in Australia. The projects of the company include Medcalf which is a vanadium, titanium, and iron project.