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BMMI BSC (BAH:BMMI) Gross Margin % : 27.83% (As of Dec. 2023)


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What is BMMI BSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BMMI BSC's Gross Profit for the three months ended in Dec. 2023 was BHD7.5 Mil. BMMI BSC's Revenue for the three months ended in Dec. 2023 was BHD27.0 Mil. Therefore, BMMI BSC's Gross Margin % for the quarter that ended in Dec. 2023 was 27.83%.

Warning Sign:

BMMI BSC gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


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

BAH:BMMI' s Gross Margin % Range Over the Past 10 Years
Min: 21.72   Med: 27.33   Max: 29.68
Current: 26.45


During the past 13 years, the highest Gross Margin % of BMMI BSC was 29.68%. The lowest was 21.72%. And the median was 27.33%.

BAH:BMMI's Gross Margin % is ranked better than
62.26% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs BAH:BMMI: 26.45

BMMI BSC had a gross margin of 27.83% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BMMI BSC was -3.20% per year.


BMMI BSC Gross Margin % Historical Data

The historical data trend for BMMI BSC'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.

BMMI BSC Gross Margin % Chart

BMMI BSC 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 29.68 21.72 23.98 23.24 26.45

BMMI BSC 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 22.68 24.35 26.77 27.09 27.83

Competitive Comparison of BMMI BSC's Gross Margin %

For the Grocery Stores subindustry, BMMI BSC'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.


BMMI BSC's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, BMMI BSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BMMI BSC's Gross Margin % falls into.



BMMI BSC Gross Margin % Calculation

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

BMMI BSC'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 )
=29.6 / 111.744
=(Revenue - Cost of Goods Sold) / Revenue
=(111.744 - 82.193) / 111.744
=26.45 %

BMMI BSC'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 )
=7.5 / 26.965
=(Revenue - Cost of Goods Sold) / Revenue
=(26.965 - 19.46) / 26.965
=27.83 %

* 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.


BMMI BSC  (BAH:BMMI) 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

BMMI BSC had a gross margin of 27.83% for the quarter that ended in Dec. 2023 => 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.


BMMI BSC Gross Margin % Related Terms

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


BMMI BSC (BAH:BMMI) Business Description

Traded in Other Exchanges
N/A
Address
Road 2831, Block 343, Building 68, Mina Salman, Manama, BHR
BMMI BSC is engaged in the wholesale and retail of food, beverages, and other consumable items, logistics and shipping services. It also own 5 star hotel in the kingdom of Bahrain. The group's operation are conducted in the Kingdom of Bahrain, Qatar, United Arab Emirates, Saudi Arabia, Iraq, America, Ghana, and many others country.

BMMI BSC (BAH:BMMI) Headlines

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