CLVR (Clever Leaves Holdings) Gross Margin %: -7.46% (As of Dec. 2023)


CLVR Clever Leaves Holdings Inc CLVR
12 GF Score
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What is Clever Leaves Holdings Gross Margin %?

Clever Leaves Holdings CLVR -99.50% 12 Gross Margin % is -7.46% as of Dec. 2023. GuruFocus rates CLVR with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Clever Leaves Holdings's Gross Profit for the three months ended in Dec. 2023 was $-0.35 Mil. Clever Leaves Holdings's Revenue for the three months ended in Dec. 2023 was $4.64 Mil. Therefore, Clever Leaves Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was -7.46%.


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


CLVR's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 48.44
* Ranked among companies with meaningful Gross Margin % only.

Clever Leaves Holdings had a gross margin of -7.46% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Clever Leaves Holdings was 0.00% per year.


Clever Leaves Holdings  (OTCPK:CLVR) 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

Clever Leaves Holdings had a gross margin of -7.46% 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.


Clever Leaves Holdings Gross Margin % Related Terms


Clever Leaves Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Clever Leaves Holdings'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.

Clever Leaves Holdings Gross Margin % Chart

Clever Leaves Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
39.60 61.18 44.29 43.98 37.64

Clever Leaves Holdings Quarterly Data
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 19.17 56.16 54.73 50.84 -7.46

CLVR vs CNNC, CLSH, PRFX: Gross Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Clever Leaves Holdings'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.


Clever Leaves Holdings Gross Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Clever Leaves Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Clever Leaves Holdings's Gross Margin % falls into.


CLVR
12GF Score
Clever Leaves Holdings Inc CLVR
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clever Leaves Holdings Gross Margin % Calculation

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

Clever Leaves Holdings'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 )
=6.6 / 17.417
=(Revenue - Cost of Goods Sold) / Revenue
=(17.417 - 10.861) / 17.417
=37.64 %

Clever Leaves Holdings'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 / 4.638
=(Revenue - Cost of Goods Sold) / Revenue
=(4.638 - 4.984) / 4.638
=-7.46 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -7.46% mean?
Clever Leaves Holdings (CLVR) has a Gross Margin % of -7.46% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Clever Leaves Holdings and its competitors.
Is Clever Leaves Holdings' Gross Margin % too high?
Clever Leaves Holdings' current Gross Margin % is -7.46%. Overall, Clever Leaves Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Clever Leaves Holdings' Gross Margin % compare to CNNC and CLSH?
Clever Leaves Holdings' Gross Margin % of -7.46% can be compared against companies in the Drug Manufacturers industry. The industry median Gross Margin % is 48.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Drug Manufacturers company?
The median Gross Margin % among Drug Manufacturers companies is 48.44, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Clever Leaves Holdings and its competitors. For the Drug Manufacturers industry, the median Gross Margin % is 48.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clever Leaves Holdings's current Gross Margin % is -7.46%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clever Leaves Holdings stock overvalued right now?
Clever Leaves Holdings (CLVR) has a current Gross Margin % of -7.46%. The current Gross Margin % is -7.46%. Clever Leaves Holdings' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Clever Leaves Holdings (CLVR), the current Gross Margin % is -7.46% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clever Leaves Holdings Business Description

Address Bodega 19-B Parque Industrial Tibitoc P.H, Tocancipa, Cundinamarca, Bogota, COL
Clever Leaves Holdings Inc is a producer of pharmaceutical and consumer cannabis brands. The company operates and has investments in Canada, Colombia, Germany, Portugal, and the United States. The company operates in two reportable segments namely, the Cannabinoid segment which is comprised of the company's cultivation, extraction, and commercialization of cannabinoid products; and the Non-Cannabinoid operating segment which generates maximum revenue and is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing nutraceutical and other natural remedies, wellness products, detoxification products, and nutritional and dietary supplements.
12GF Score

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