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PT Buana Lintas Lautan Tbk (ISX:BULL) Gross Margin % : 41.08% (As of Mar. 2024)


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What is PT Buana Lintas Lautan Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Buana Lintas Lautan Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp251,450 Mil. PT Buana Lintas Lautan Tbk's Revenue for the three months ended in Mar. 2024 was Rp612,169 Mil. Therefore, PT Buana Lintas Lautan Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 41.08%.

Warning Sign:

PT Buana Lintas Lautan Tbk gross margin has been in long-term decline. The average rate of decline per year is -6.5%.


The historical rank and industry rank for PT Buana Lintas Lautan Tbk's Gross Margin % or its related term are showing as below:

ISX:BULL' s Gross Margin % Range Over the Past 10 Years
Min: 21.53   Med: 40.56   Max: 50.13
Current: 41.02


During the past 13 years, the highest Gross Margin % of PT Buana Lintas Lautan Tbk was 50.13%. The lowest was 21.53%. And the median was 40.56%.

ISX:BULL's Gross Margin % is ranked better than
82.93% of 949 companies
in the Transportation industry
Industry Median: 20.08 vs ISX:BULL: 41.02

PT Buana Lintas Lautan Tbk had a gross margin of 41.08% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Buana Lintas Lautan Tbk was -6.50% per year.


PT Buana Lintas Lautan Tbk Gross Margin % Historical Data

The historical data trend for PT Buana Lintas Lautan Tbk'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.

PT Buana Lintas Lautan Tbk Gross Margin % Chart

PT Buana Lintas Lautan Tbk 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 42.30 50.13 23.16 21.53 43.01

PT Buana Lintas Lautan Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 49.52 49.81 36.75 37.31 41.08

Competitive Comparison of PT Buana Lintas Lautan Tbk's Gross Margin %

For the Marine Shipping subindustry, PT Buana Lintas Lautan Tbk'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.


PT Buana Lintas Lautan Tbk's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Buana Lintas Lautan Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Buana Lintas Lautan Tbk's Gross Margin % falls into.



PT Buana Lintas Lautan Tbk Gross Margin % Calculation

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

PT Buana Lintas Lautan Tbk'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 )
=982677 / 2284865.966
=(Revenue - Cost of Goods Sold) / Revenue
=(2284865.966 - 1302188.917) / 2284865.966
=43.01 %

PT Buana Lintas Lautan Tbk'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 )
=251450.3 / 612169.076
=(Revenue - Cost of Goods Sold) / Revenue
=(612169.076 - 360718.816) / 612169.076
=41.08 %

* 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.


PT Buana Lintas Lautan Tbk  (ISX:BULL) 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

PT Buana Lintas Lautan Tbk had a gross margin of 41.08% for the quarter that ended in Mar. 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.


PT Buana Lintas Lautan Tbk Gross Margin % Related Terms

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


PT Buana Lintas Lautan Tbk (ISX:BULL) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mega Kuningan Timur, Block C-6 Kav. 12A, South Jakarta, Mega Kuningan, Jakarta, IDN, 12950
PT Buana Lintas Lautan Tbk is a shipping company. The company is engaged in providing services such as Chartering and vessel operations, Shipping agency services, Ship management services, and Crew management services. The group's reportable segments are engaged based on the type of vessels chartered in Gas, Oil, FPSO and FSO, Chemical, and Others. Key revenue is generated from the Gas and Oil, FPSO, and FSO segment. The gas tankers segment of the company provides maritime transportation of liquified gas, which includes LPG, propylene, propane, and LNG. Oil and FPSO tankers provide maritime transportation of lubricating oil, crude oil, and petroleum products, floating tanker facility for production, storage, and off-loading of oil.

PT Buana Lintas Lautan Tbk (ISX:BULL) Headlines

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