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Corporacion Interamericana de EntretenimientoB de CV (Corporacion Interamericana de EntretenimientoB de CV) Gross Margin % : 26.11% (As of Mar. 2024)


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What is Corporacion Interamericana de EntretenimientoB de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Corporacion Interamericana de EntretenimientoB de CV's Gross Profit for the three months ended in Mar. 2024 was $7.3 Mil. Corporacion Interamericana de EntretenimientoB de CV's Revenue for the three months ended in Mar. 2024 was $28.0 Mil. Therefore, Corporacion Interamericana de EntretenimientoB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 26.11%.


The historical rank and industry rank for Corporacion Interamericana de EntretenimientoB de CV's Gross Margin % or its related term are showing as below:

CIEZF' s Gross Margin % Range Over the Past 10 Years
Min: -5.16   Med: 20.25   Max: 28.55
Current: 21.55


During the past 13 years, the highest Gross Margin % of Corporacion Interamericana de EntretenimientoB de CV was 28.55%. The lowest was -5.16%. And the median was 20.25%.

CIEZF's Gross Margin % is ranked worse than
77.09% of 956 companies
in the Media - Diversified industry
Industry Median: 38.44 vs CIEZF: 21.55

Corporacion Interamericana de EntretenimientoB de CV had a gross margin of 26.11% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Corporacion Interamericana de EntretenimientoB de CV was 0.00% per year.


Corporacion Interamericana de EntretenimientoB de CV Gross Margin % Historical Data

The historical data trend for Corporacion Interamericana de EntretenimientoB de CV'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.

Corporacion Interamericana de EntretenimientoB de CV Gross Margin % Chart

Corporacion Interamericana de EntretenimientoB de CV 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 22.83 -5.16 28.55 24.31 22.06

Corporacion Interamericana de EntretenimientoB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.99 26.11 23.35 20.53 26.11

Competitive Comparison of Corporacion Interamericana de EntretenimientoB de CV's Gross Margin %

For the Entertainment subindustry, Corporacion Interamericana de EntretenimientoB de CV'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.


Corporacion Interamericana de EntretenimientoB de CV's Gross Margin % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Corporacion Interamericana de EntretenimientoB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Corporacion Interamericana de EntretenimientoB de CV's Gross Margin % falls into.



Corporacion Interamericana de EntretenimientoB de CV Gross Margin % Calculation

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

Corporacion Interamericana de EntretenimientoB de CV'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 )
=63.7 / 288.683
=(Revenue - Cost of Goods Sold) / Revenue
=(288.683 - 225.001) / 288.683
=22.06 %

Corporacion Interamericana de EntretenimientoB de CV'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 )
=7.3 / 27.958
=(Revenue - Cost of Goods Sold) / Revenue
=(27.958 - 20.657) / 27.958
=26.11 %

* 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.


Corporacion Interamericana de EntretenimientoB de CV  (OTCPK:CIEZF) 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

Corporacion Interamericana de EntretenimientoB de CV had a gross margin of 26.11% 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.


Corporacion Interamericana de EntretenimientoB de CV Gross Margin % Related Terms

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Corporacion Interamericana de EntretenimientoB de CV (Corporacion Interamericana de EntretenimientoB de CV) Business Description

Traded in Other Exchanges
Address
Av. Industria Militar S/N, Residencial Militar, Mexico DF, MEX, 11600
Corporacion Interamericana de Entretenimiento SAB de CV is a Mexico-based company engaged in the business of providing entertainment services in Latin America and worldwide. It offers a wide Range of entertainment options to a variety of audiences and budgets in large- and medium-sized cities. Its services include concerts, theatrical productions, sporting events, family events and cultural events, among others. In addition, it operates an amusement park in Colombia.

Corporacion Interamericana de EntretenimientoB de CV (Corporacion Interamericana de EntretenimientoB de CV) Headlines

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