GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hayleys Fabric PLC (COL:MGT.N0000) » Definitions » Gross Margin %

Hayleys Fabric (COL:MGT.N0000) Gross Margin % : 19.65% (As of Jun. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Hayleys Fabric Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hayleys Fabric's Gross Profit for the three months ended in Jun. 2024 was රු2,520 Mil. Hayleys Fabric's Revenue for the three months ended in Jun. 2024 was රු12,827 Mil. Therefore, Hayleys Fabric's Gross Margin % for the quarter that ended in Jun. 2024 was 19.65%.


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

COL:MGT.N0000' s Gross Margin % Range Over the Past 10 Years
Min: 10.46   Med: 12.73   Max: 18.83
Current: 18.83


During the past 13 years, the highest Gross Margin % of Hayleys Fabric was 18.83%. The lowest was 10.46%. And the median was 12.73%.

COL:MGT.N0000's Gross Margin % is ranked worse than
62.16% of 1028 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.505 vs COL:MGT.N0000: 18.83

Hayleys Fabric had a gross margin of 19.65% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hayleys Fabric was 6.50% per year.


Hayleys Fabric Gross Margin % Historical Data

The historical data trend for Hayleys Fabric'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.

Hayleys Fabric Gross Margin % Chart

Hayleys Fabric Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 13.67 13.02 12.84 18.78

Hayleys Fabric Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 19.32 17.55 18.41 20.32 19.65

Competitive Comparison of Hayleys Fabric's Gross Margin %

For the Textile Manufacturing subindustry, Hayleys Fabric'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.


Hayleys Fabric's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hayleys Fabric's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hayleys Fabric's Gross Margin % falls into.



Hayleys Fabric Gross Margin % Calculation

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

Hayleys Fabric's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=8894 / 47348.112
=(Revenue - Cost of Goods Sold) / Revenue
=(47348.112 - 38454.128) / 47348.112
=18.78 %

Hayleys Fabric's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2520.2 / 12826.543
=(Revenue - Cost of Goods Sold) / Revenue
=(12826.543 - 10306.392) / 12826.543
=19.65 %

* 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.


Hayleys Fabric  (COL:MGT.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

Hayleys Fabric had a gross margin of 19.65% for the quarter that ended in Jun. 2024 => 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.


Hayleys Fabric Gross Margin % Related Terms

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


Hayleys Fabric Business Description

Traded in Other Exchanges
N/A
Address
Narthupana Estate, Neboda, LKA
Hayleys Fabric PLC is engaged in the manufacturing, distribution, and trading of Fabric materials and related products. In addition, the company also provides services like circular knitting of fabric, fabric dyeing and finishing, fabric printing, brushing, and sueding. Its product portfolio includes products like diversified weft knit, polyester fabrics, nylon fabric, and various other fabric products. The company possesses market recognition under the brand name INNO. The majority of its revenue comes from the Sri Lankan market.

Hayleys Fabric Headlines

No Headlines