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T.A.C. Consumer PCL (BKK:TACC) Gross Margin % : 33.14% (As of Dec. 2023)


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What is T.A.C. Consumer PCL Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. T.A.C. Consumer PCL's Gross Profit for the three months ended in Dec. 2023 was ฿153 Mil. T.A.C. Consumer PCL's Revenue for the three months ended in Dec. 2023 was ฿460 Mil. Therefore, T.A.C. Consumer PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 33.14%.


The historical rank and industry rank for T.A.C. Consumer PCL's Gross Margin % or its related term are showing as below:

BKK:TACC' s Gross Margin % Range Over the Past 10 Years
Min: 28.44   Med: 30.69   Max: 38.02
Current: 32.71


During the past 10 years, the highest Gross Margin % of T.A.C. Consumer PCL was 38.02%. The lowest was 28.44%. And the median was 30.69%.

BKK:TACC's Gross Margin % is ranked worse than
64.81% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 36.875 vs BKK:TACC: 32.71

T.A.C. Consumer PCL had a gross margin of 33.14% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for T.A.C. Consumer PCL was 3.40% per year.


T.A.C. Consumer PCL Gross Margin % Historical Data

The historical data trend for T.A.C. Consumer 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.

T.A.C. Consumer PCL Gross Margin % Chart

T.A.C. Consumer PCL 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 30.71 33.87 38.02 35.20 32.71

T.A.C. Consumer PCL 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 30.80 31.61 32.67 33.27 33.14

Competitive Comparison of T.A.C. Consumer PCL's Gross Margin %

For the Beverages - Non-Alcoholic subindustry, T.A.C. Consumer 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.


T.A.C. Consumer PCL's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, T.A.C. Consumer PCL's Gross Margin % distribution charts can be found below:

* The bar in red indicates where T.A.C. Consumer PCL's Gross Margin % falls into.



T.A.C. Consumer PCL Gross Margin % Calculation

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

T.A.C. Consumer 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 )
=560.6 / 1713.657
=(Revenue - Cost of Goods Sold) / Revenue
=(1713.657 - 1153.068) / 1713.657
=32.71 %

T.A.C. Consumer PCL'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 )
=152.6 / 460.328
=(Revenue - Cost of Goods Sold) / Revenue
=(460.328 - 307.76) / 460.328
=33.14 %

* 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.


T.A.C. Consumer PCL  (BKK:TACC) 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

T.A.C. Consumer PCL had a gross margin of 33.14% 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.


T.A.C. Consumer PCL Gross Margin % Related Terms

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T.A.C. Consumer PCL (BKK:TACC) Business Description

Traded in Other Exchanges
N/A
Address
9/231-233 Ramkhamhaeng Road, 23rd Floor, UM Tower, Suan Luang Subdistrict, Suan Luang District, Bangkok, THA, 10250
T.A.C. Consumer PCL is engaged in manufacturing and distributing beverages. Its brands include Zenya, Na-Arun, Jay The Rabbit and many others. The company is engaged in two operating segments, which are the manufacture and distribution of beverage and the sales of license of cartoon characters. Its operations are carried on only in geographical area of Thailand.

T.A.C. Consumer PCL (BKK:TACC) Headlines

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