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Great Western Minerals Group (Great Western Minerals Group) Gross Margin % : 19.77% (As of Sep. 2014)


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What is Great Western Minerals Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Great Western Minerals Group's Gross Profit for the three months ended in Sep. 2014 was $1.10 Mil. Great Western Minerals Group's Revenue for the three months ended in Sep. 2014 was $5.56 Mil. Therefore, Great Western Minerals Group's Gross Margin % for the quarter that ended in Sep. 2014 was 19.77%.


The historical rank and industry rank for Great Western Minerals Group's Gross Margin % or its related term are showing as below:


GWMGF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.17
* Ranked among companies with meaningful Gross Margin % only.

Great Western Minerals Group had a gross margin of 19.77% for the quarter that ended in Sep. 2014 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great Western Minerals Group was 0.00% per year.


Great Western Minerals Group Gross Margin % Historical Data

The historical data trend for Great Western Minerals Group'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.

Great Western Minerals Group Gross Margin % Chart

Great Western Minerals Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.30 29.66 35.17 27.11 25.56

Great Western Minerals Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 26.90 21.31 17.59 19.91 19.77

Competitive Comparison of Great Western Minerals Group's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Great Western Minerals Group'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.


Great Western Minerals Group's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Great Western Minerals Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Great Western Minerals Group's Gross Margin % falls into.



Great Western Minerals Group Gross Margin % Calculation

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

Great Western Minerals Group's Gross Margin for the fiscal year that ended in Dec. 2013 is calculated as

Gross Margin % (A: Dec. 2013 )=Gross Profit (A: Dec. 2013 ) / Revenue (A: Dec. 2013 )
=4.2 / 16.341
=(Revenue - Cost of Goods Sold) / Revenue
=(16.341 - 12.165) / 16.341
=25.56 %

Great Western Minerals Group's Gross Margin for the quarter that ended in Sep. 2014 is calculated as


Gross Margin % (Q: Sep. 2014 )=Gross Profit (Q: Sep. 2014 ) / Revenue (Q: Sep. 2014 )
=1.1 / 5.555
=(Revenue - Cost of Goods Sold) / Revenue
=(5.555 - 4.457) / 5.555
=19.77 %

* 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.


Great Western Minerals Group  (OTCPK:GWMGF) 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

Great Western Minerals Group had a gross margin of 19.77% for the quarter that ended in Sep. 2014 => 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.


Great Western Minerals Group Gross Margin % Related Terms

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Great Western Minerals Group (Great Western Minerals Group) Business Description

Traded in Other Exchanges
N/A
Address
Unit 201B, 2121 Airport Drive, Saskatoon, SK, CAN, S7L 6W5
Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.

Great Western Minerals Group (Great Western Minerals Group) Headlines

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