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Laugfs Gas (COL:LGL.N0000) Gross Margin % : 16.45% (As of Dec. 2023)


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What is Laugfs Gas Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Laugfs Gas's Gross Profit for the three months ended in Dec. 2023 was රු1,205 Mil. Laugfs Gas's Revenue for the three months ended in Dec. 2023 was රු7,327 Mil. Therefore, Laugfs Gas's Gross Margin % for the quarter that ended in Dec. 2023 was 16.45%.


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

COL:LGL.N0000' s Gross Margin % Range Over the Past 10 Years
Min: -3.93   Med: 15.22   Max: 28.59
Current: 22.19


During the past 13 years, the highest Gross Margin % of Laugfs Gas was 28.59%. The lowest was -3.93%. And the median was 15.22%.

COL:LGL.N0000's Gross Margin % is ranked worse than
62.08% of 501 companies
in the Utilities - Regulated industry
Industry Median: 28.81 vs COL:LGL.N0000: 22.19

Laugfs Gas had a gross margin of 16.45% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Laugfs Gas was 0.00% per year.


Laugfs Gas Gross Margin % Historical Data

The historical data trend for Laugfs Gas'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.

Laugfs Gas Gross Margin % Chart

Laugfs Gas Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.22 10.38 10.51 -3.93 28.58

Laugfs Gas 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 32.68 31.92 12.80 27.03 16.45

Competitive Comparison of Laugfs Gas's Gross Margin %

For the Utilities - Regulated Gas subindustry, Laugfs Gas'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.


Laugfs Gas's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Laugfs Gas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Laugfs Gas's Gross Margin % falls into.



Laugfs Gas Gross Margin % Calculation

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

Laugfs Gas's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=6437.6 / 22526.75
=(Revenue - Cost of Goods Sold) / Revenue
=(22526.75 - 16089.113) / 22526.75
=28.58 %

Laugfs Gas'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 )
=1205 / 7326.755
=(Revenue - Cost of Goods Sold) / Revenue
=(7326.755 - 6121.769) / 7326.755
=16.45 %

* 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.


Laugfs Gas  (COL:LGL.N0000) 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

Laugfs Gas had a gross margin of 16.45% 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.


Laugfs Gas Gross Margin % Related Terms

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


Laugfs Gas (COL:LGL.N0000) Business Description

Traded in Other Exchanges
Address
No. 101, Maya Avenue, Colombo, LKA, 06
Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, and Transportation & Logistics segment. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. Transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

Laugfs Gas (COL:LGL.N0000) Headlines

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