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i-Tail PCL (BKK:ITC) Gross Margin % : 25.67% (As of Mar. 2024)


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What is i-Tail PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. i-Tail PCL's Gross Profit for the three months ended in Mar. 2024 was ฿1,034 Mil. i-Tail PCL's Revenue for the three months ended in Mar. 2024 was ฿4,029 Mil. Therefore, i-Tail PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 25.67%.


The historical rank and industry rank for i-Tail PCL's Gross Margin % or its related term are showing as below:

BKK:ITC' s Gross Margin % Range Over the Past 10 Years
Min: 14.98   Med: 21.1   Max: 24.08
Current: 21.52


During the past 4 years, the highest Gross Margin % of i-Tail PCL was 24.08%. The lowest was 14.98%. And the median was 21.10%.

BKK:ITC's Gross Margin % is ranked worse than
59.02% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.365 vs BKK:ITC: 21.52

i-Tail PCL had a gross margin of 25.67% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for i-Tail PCL was 0.00% per year.


i-Tail PCL Gross Margin % Historical Data

The historical data trend for i-Tail PCL'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.

i-Tail PCL Gross Margin % Chart

i-Tail PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
22.69 14.98 24.08 19.50

i-Tail PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.42 18.44 19.21 22.04 25.67

Competitive Comparison of i-Tail PCL's Gross Margin %

For the Packaged Foods subindustry, i-Tail PCL'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.


i-Tail PCL's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, i-Tail PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where i-Tail PCL's Gross Margin % falls into.



i-Tail PCL Gross Margin % Calculation

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

i-Tail PCL'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 )
=3037.6 / 15576.934
=(Revenue - Cost of Goods Sold) / Revenue
=(15576.934 - 12539.356) / 15576.934
=19.50 %

i-Tail PCL's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1034.3 / 4028.568
=(Revenue - Cost of Goods Sold) / Revenue
=(4028.568 - 2994.267) / 4028.568
=25.67 %

* 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.


i-Tail PCL  (BKK:ITC) 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

i-Tail PCL had a gross margin of 25.67% for the quarter that ended in Mar. 2024 => 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.


i-Tail PCL Gross Margin % Related Terms

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


i-Tail PCL (BKK:ITC) Business Description

Traded in Other Exchanges
N/A
Address
Phaholyothin Road, 979/92-94, 29th Floor, S.M. Tower, Phayathai Sub-district, Phayathai District, Bangkok, THA, 10400
i-Tail Corp PCL is a manufacturer and distributor of pet food and other pet care related businesses. The Group has three reportable segments: Pet food, Ambient seafood and value-added, and Others. The majority of the revenue is generated from the Pet food segment.

i-Tail PCL (BKK:ITC) Headlines

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