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PT AirAsia Indonesia Tbk (ISX:CMPP) Gross Margin % : -24.90% (As of Dec. 2023)


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What is PT AirAsia Indonesia Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT AirAsia Indonesia Tbk's Gross Profit for the three months ended in Dec. 2023 was Rp-421,190 Mil. PT AirAsia Indonesia Tbk's Revenue for the three months ended in Dec. 2023 was Rp1,691,464 Mil. Therefore, PT AirAsia Indonesia Tbk's Gross Margin % for the quarter that ended in Dec. 2023 was -24.90%.


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

ISX:CMPP' s Gross Margin % Range Over the Past 10 Years
Min: -233.37   Med: -3.77   Max: 17.43
Current: -9.05


During the past 12 years, the highest Gross Margin % of PT AirAsia Indonesia Tbk was 17.43%. The lowest was -233.37%. And the median was -3.77%.

ISX:CMPP's Gross Margin % is ranked worse than
97.67% of 943 companies
in the Transportation industry
Industry Median: 20.18 vs ISX:CMPP: -9.05

PT AirAsia Indonesia Tbk had a gross margin of -24.90% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT AirAsia Indonesia Tbk was 0.00% per year.


PT AirAsia Indonesia Tbk Gross Margin % Historical Data

The historical data trend for PT AirAsia Indonesia 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 AirAsia Indonesia Tbk Gross Margin % Chart

PT AirAsia Indonesia 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 9.36 -121.10 -233.37 -8.67 -9.05

PT AirAsia Indonesia Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.19 -9.45 -5.60 2.39 -24.90

Competitive Comparison of PT AirAsia Indonesia Tbk's Gross Margin %

For the Airlines subindustry, PT AirAsia Indonesia 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 AirAsia Indonesia Tbk's Gross Margin % Distribution in the Transportation Industry

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

* The bar in red indicates where PT AirAsia Indonesia Tbk's Gross Margin % falls into.



PT AirAsia Indonesia Tbk Gross Margin % Calculation

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

PT AirAsia Indonesia 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 )
=-599628.7 / 6625320.826
=(Revenue - Cost of Goods Sold) / Revenue
=(6625320.826 - 7224949.574) / 6625320.826
=-9.05 %

PT AirAsia Indonesia Tbk's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-421190.2 / 1691463.825
=(Revenue - Cost of Goods Sold) / Revenue
=(1691463.825 - 2112653.99) / 1691463.825
=-24.90 %

* 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 AirAsia Indonesia Tbk  (ISX:CMPP) 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 AirAsia Indonesia Tbk had a gross margin of -24.90% for the quarter that ended in Dec. 2023 => 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.


PT AirAsia Indonesia Tbk Gross Margin % Related Terms

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PT AirAsia Indonesia Tbk (ISX:CMPP) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Marsekal Suryadharma No. 1, Selapajang Jaya, Neglasari, Tangerang Banten, IDN, 15127
PT AirAsia Indonesia Tbk is an Indonesia-based company that engages in the provision of air transportation services. The company offers ticket booking, flight schedules, online airline status checking, and other related services. It operates through the following segments: Flight Operations; Ancillary and others. The Flight Operations segment generates maximum revenue for the company.

PT AirAsia Indonesia Tbk (ISX:CMPP) Headlines

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