Fridays Dog Holdings (Fridays Dog Holdings) Gross Margin % : -180.00% (As of Mar. 2024)

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What is Fridays Dog Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Fridays Dog Holdings's Gross Profit for the three months ended in Mar. 2024 was $-0.02 Mil. Fridays Dog Holdings's Revenue for the three months ended in Mar. 2024 was $0.01 Mil. Therefore, Fridays Dog Holdings's Gross Margin % for the quarter that ended in Mar. 2024 was -180.00%.

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

FDOGF' s Gross Margin % Range Over the Past 10 Years
Min: -7.49 Med: -7.49 Max: 57.72
Current: 57.72

During the past 3 years, the highest Gross Margin % of Fridays Dog Holdings was 57.72%. The lowest was -7.49%. And the median was -7.49%.

FDOGF's Gross Margin % is ranked better than
89.25% of 1805 companies
in the Consumer Packaged Goods industry
Industry Median: 25.35 vs FDOGF: 57.72

Fridays Dog Holdings had a gross margin of -180.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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

Fridays Dog Holdings Gross Margin % Historical Data

The historical data trend for Fridays Dog 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.

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Fridays Dog Holdings Gross Margin % Chart

Fridays Dog Holdings Annual Data

Trend

Jan21

Jan22

Dec23

Gross Margin %

-7.54

Fridays Dog Holdings Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial								-100.00	62.59	10.64	9.92	-180.00

Competitive Comparison of Fridays Dog Holdings's Gross Margin %

For the Household & Personal Products subindustry, Fridays Dog 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.

Fridays Dog Holdings's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fridays Dog Holdings's Gross Margin % distribution charts can be found below:

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

Fridays Dog Holdings Gross Margin % Calculation

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

Fridays Dog 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 )
	=	-0	/	0.199
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.199 - 0.214)	/	0.199
	=	-7.54 %

Fridays Dog Holdings'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 )
	=	-0	/	0.01
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.01 - 0.028)	/	0.01
	=	-180.00 %

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.

Fridays Dog Holdings (OTCPK:FDOGF) 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

Fridays Dog Holdings had a gross margin of -180.00% for the quarter that ended in Mar. 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.

Fridays Dog Holdings Gross Margin % Related Terms

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Fridays Dog Holdings (Fridays Dog Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fridays Dog Holdings Inc (OTCPK:FDOGF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

FRDY:Canada

Address

710 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.investors.fridaysdog.com

Fridays Dog Holdings Inc is a consumer brand company commercializing a science-driven formulation portfolio of pet care products that use natural, non-toxic ingredients and cruelty-free testing. The product portfolio consists of wash and care products, medicated aids, premium calming treats, and grooming tools.