Nutritional Growth Solutions (ASX:NGS) Gross Margin % : 15.19% (As of Dec. 2023)

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What is Nutritional Growth Solutions Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nutritional Growth Solutions's Gross Profit for the six months ended in Dec. 2023 was A$0.33 Mil. Nutritional Growth Solutions's Revenue for the six months ended in Dec. 2023 was A$2.19 Mil. Therefore, Nutritional Growth Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 15.19%.

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

ASX:NGS' s Gross Margin % Range Over the Past 10 Years
Min: 28.21 Med: 46.79 Max: 49.21
Current: 28.21

During the past 4 years, the highest Gross Margin % of Nutritional Growth Solutions was 49.21%. The lowest was 28.21%. And the median was 46.79%.

ASX:NGS's Gross Margin % is ranked better than
57.29% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs ASX:NGS: 28.21

Nutritional Growth Solutions had a gross margin of 15.19% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

Nutritional Growth Solutions Gross Margin % Historical Data

The historical data trend for Nutritional Growth 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.

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Nutritional Growth Solutions Gross Margin % Chart

Nutritional Growth Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

49.21

44.78

48.80

28.22

Nutritional Growth Solutions Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			46.66	41.78	55.04	40.78	15.19

Competitive Comparison of Nutritional Growth Solutions's Gross Margin %

For the Packaged Foods subindustry, Nutritional Growth 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.

Nutritional Growth Solutions's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Nutritional Growth Solutions's Gross Margin % falls into.

Nutritional Growth Solutions Gross Margin % Calculation

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

Nutritional Growth Solutions'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 )
	=	1.3	/	4.458
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4.458 - 3.2)	/	4.458
	=	28.22 %

Nutritional Growth Solutions'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 )
	=	0.3	/	2.186
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2.186 - 1.854)	/	2.186
	=	15.19 %

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.

Nutritional Growth Solutions (ASX:NGS) 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

Nutritional Growth Solutions had a gross margin of 15.19% 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.

Nutritional Growth Solutions Gross Margin % Related Terms

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Nutritional Growth Solutions (ASX:NGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nutritional Growth Solutions Ltd (ASX:NGS) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hanechoshet Street, Yafo, Tel Aviv, ISR, 6971068

Website

https://www.ngsolutions.co

Nutritional Growth Solutions Ltd is engaged in the business of developing produces and selling clinically tested protein supplements for children. It offers protein shakes and other products to improve the height and weight of children. It generates its revenues through the sale of its products directly to customers. its brands include Horlicks, Healthy Heights, Pro Up, and Healthy Height China. Geographically it operates in the United States and the Rest of the World and the majority of its revenue comes from the united states.