GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Intrum AB (OTCPK:INJJF) » Definitions » Gross Margin %

INJJF (Intrum AB) Gross Margin % : 41.81% (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Intrum AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Intrum AB's Gross Profit for the three months ended in Sep. 2024 was $170 Mil. Intrum AB's Revenue for the three months ended in Sep. 2024 was $408 Mil. Therefore, Intrum AB's Gross Margin % for the quarter that ended in Sep. 2024 was 41.81%.


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

INJJF' s Gross Margin % Range Over the Past 10 Years
Min: 38.65   Med: 45.17   Max: 47.71
Current: 44.24


During the past 13 years, the highest Gross Margin % of Intrum AB was 47.71%. The lowest was 38.65%. And the median was 45.17%.

INJJF's Gross Margin % is ranked worse than
63.04% of 368 companies
in the Credit Services industry
Industry Median: 55.15 vs INJJF: 44.24

Intrum AB had a gross margin of 41.81% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Intrum AB was 1.50% per year.


Intrum AB Gross Margin % Historical Data

The historical data trend for Intrum AB'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.

Intrum AB Gross Margin % Chart

Intrum AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.65 43.61 46.29 44.89 45.36

Intrum AB 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 46.11 42.52 45.94 46.73 41.81

Competitive Comparison of Intrum AB's Gross Margin %

For the Credit Services subindustry, Intrum AB'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.


Intrum AB's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Intrum AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Intrum AB's Gross Margin % falls into.



Intrum AB Gross Margin % Calculation

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

Intrum AB'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 )
=782 / 1723.99
=(Revenue - Cost of Goods Sold) / Revenue
=(1723.99 - 942.033) / 1723.99
=45.36 %

Intrum AB'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 )
=170.5 / 407.762
=(Revenue - Cost of Goods Sold) / Revenue
=(407.762 - 237.266) / 407.762
=41.81 %

* 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.


Intrum AB  (OTCPK:INJJF) 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

Intrum AB had a gross margin of 41.81% for the quarter that ended in Sep. 2024 => Durable 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.


Intrum AB Gross Margin % Related Terms

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


Intrum AB Business Description

Address
Sicklastraket 4, Nacka, Stockholm, SWE, 131 54
Intrum AB is a provider of credit management and related financial services. The company operates in three segments: credit management services, which provide services such as credit optimization and payment collection to ensure that customers pay companies; portfolio investments, which purchases overdue debts; and strategic markets, which focus on growing business in Greece, Italy, and Spain. The majority of revenue comes from the Portfolio Investments segment, specifically within the banking and credit card industries. Intrum AB operates throughout Europe, with some business in Brazil.

Intrum AB Headlines