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Alltex Industries (DHA:ALLTEX) Gross Margin % : 34.26% (As of Sep. 2024)


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What is Alltex Industries Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alltex Industries's Gross Profit for the three months ended in Sep. 2024 was BDT26.7 Mil. Alltex Industries's Revenue for the three months ended in Sep. 2024 was BDT78.0 Mil. Therefore, Alltex Industries's Gross Margin % for the quarter that ended in Sep. 2024 was 34.26%.


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

DHA:ALLTEX' s Gross Margin % Range Over the Past 10 Years
Min: -63.2   Med: 14.78   Max: 42.72
Current: 30.74


During the past 13 years, the highest Gross Margin % of Alltex Industries was 42.72%. The lowest was -63.20%. And the median was 14.78%.

DHA:ALLTEX's Gross Margin % is ranked better than
57.99% of 1026 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.67 vs DHA:ALLTEX: 30.74

Alltex Industries had a gross margin of 34.26% for the quarter that ended in Sep. 2024 => Competition eroding margins

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


Alltex Industries Gross Margin % Historical Data

The historical data trend for Alltex Industries'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.

Alltex Industries Gross Margin % Chart

Alltex Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -63.20 -30.79 42.72 40.63 25.34

Alltex Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.16 8.15 39.71 39.01 34.26

Competitive Comparison of Alltex Industries's Gross Margin %

For the Textile Manufacturing subindustry, Alltex Industries'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.


Alltex Industries's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Alltex Industries's Gross Margin % falls into.



Alltex Industries Gross Margin % Calculation

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

Alltex Industries's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=94.5 / 373.061
=(Revenue - Cost of Goods Sold) / Revenue
=(373.061 - 278.516) / 373.061
=25.34 %

Alltex Industries's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=26.7 / 78.04
=(Revenue - Cost of Goods Sold) / Revenue
=(78.04 - 51.306) / 78.04
=34.26 %

* 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.


Alltex Industries  (DHA:ALLTEX) 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

Alltex Industries had a gross margin of 34.26% for the quarter that ended in Sep. 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.


Alltex Industries Gross Margin % Related Terms

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


Alltex Industries Business Description

Traded in Other Exchanges
N/A
Address
Alltex Industrial Park, Ariabo, Barpa, Rupgonj, Narayangonj, BGD
Alltex Industries Ltd engaged in dyeing, finishing, and printing gray fabrics towards making Home Textile products for export. The products of the company include Bed-sheet, Quilt Cover, Pillow Cases, Duvet, Table Cloth, Curtain, Cushion Covers, Shower Curtain, and other home textile products. The company is also in the process of establishing the Footwear business.

Alltex Industries Headlines

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