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Dardanel Onentas Gidanayi AS (IST:DARDL) Gross Margin % : 24.02% (As of Dec. 2022)


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What is Dardanel Onentas Gidanayi AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dardanel Onentas Gidanayi AS's Gross Profit for the six months ended in Dec. 2022 was ₺690 Mil. Dardanel Onentas Gidanayi AS's Revenue for the six months ended in Dec. 2022 was ₺2,873 Mil. Therefore, Dardanel Onentas Gidanayi AS's Gross Margin % for the quarter that ended in Dec. 2022 was 24.02%.

Warning Sign:

Dardanel Onentas Gida Sanayi AS gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


The historical rank and industry rank for Dardanel Onentas Gidanayi AS's Gross Margin % or its related term are showing as below:

IST:DARDL' s Gross Margin % Range Over the Past 10 Years
Min: 24.02   Med: 30.89   Max: 38.55
Current: 24.02


During the past 13 years, the highest Gross Margin % of Dardanel Onentas Gidanayi AS was 38.55%. The lowest was 24.02%. And the median was 30.89%.

IST:DARDL's Gross Margin % is ranked worse than
53.4% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.35 vs IST:DARDL: 24.02

Dardanel Onentas Gidanayi AS had a gross margin of 24.02% for the quarter that ended in Dec. 2022 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dardanel Onentas Gidanayi AS was -1.90% per year.


Dardanel Onentas Gidanayi AS Gross Margin % Historical Data

The historical data trend for Dardanel Onentas Gidanayi AS'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.

Dardanel Onentas Gidanayi AS Gross Margin % Chart

Dardanel Onentas Gidanayi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.75 31.03 29.07 27.19 24.02

Dardanel Onentas Gidanayi AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 30.75 31.03 29.07 27.19 24.02

Competitive Comparison of Dardanel Onentas Gidanayi AS's Gross Margin %

For the Packaged Foods subindustry, Dardanel Onentas Gidanayi AS'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.


Dardanel Onentas Gidanayi AS's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dardanel Onentas Gidanayi AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dardanel Onentas Gidanayi AS's Gross Margin % falls into.



Dardanel Onentas Gidanayi AS Gross Margin % Calculation

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

Dardanel Onentas Gidanayi AS's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=690 / 2873.144
=(Revenue - Cost of Goods Sold) / Revenue
=(2873.144 - 2183.104) / 2873.144
=24.02 %

Dardanel Onentas Gidanayi AS's Gross Margin for the quarter that ended in Dec. 2022 is calculated as


Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=690 / 2873.144
=(Revenue - Cost of Goods Sold) / Revenue
=(2873.144 - 2183.104) / 2873.144
=24.02 %

* 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.


Dardanel Onentas Gidanayi AS  (IST:DARDL) 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

Dardanel Onentas Gidanayi AS had a gross margin of 24.02% for the quarter that ended in Dec. 2022 => 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.


Dardanel Onentas Gidanayi AS Gross Margin % Related Terms

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Dardanel Onentas Gidanayi AS (IST:DARDL) Business Description

Traded in Other Exchanges
N/A
Address
Haydar Aliyev Cad Number 142, Tarabya, Istanbul, TUR
Dardanel Onentas Gida Sanayi AS is a Turkey-based company involved in the manufacturing of canned food. It produces Tuna Fish, Ready to serve Food, Salmon, Chilled Products and Corn among other products.

Dardanel Onentas Gidanayi AS (IST:DARDL) Headlines

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