GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT IMC Pelita Logistik Tbk (ISX:PSSI) » Definitions » Gross Margin %

PT IMC Pelita Logistik Tbk (ISX:PSSI) Gross Margin % : 18.00% (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is PT IMC Pelita Logistik Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT IMC Pelita Logistik Tbk's Gross Profit for the three months ended in Sep. 2024 was Rp54,434 Mil. PT IMC Pelita Logistik Tbk's Revenue for the three months ended in Sep. 2024 was Rp302,446 Mil. Therefore, PT IMC Pelita Logistik Tbk's Gross Margin % for the quarter that ended in Sep. 2024 was 18.00%.


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

ISX:PSSI' s Gross Margin % Range Over the Past 10 Years
Min: -18.92   Med: 25.47   Max: 36.84
Current: 28.98


During the past 8 years, the highest Gross Margin % of PT IMC Pelita Logistik Tbk was 36.84%. The lowest was -18.92%. And the median was 25.47%.

ISX:PSSI's Gross Margin % is ranked better than
69.13% of 946 companies
in the Transportation industry
Industry Median: 19.835 vs ISX:PSSI: 28.98

PT IMC Pelita Logistik Tbk had a gross margin of 18.00% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT IMC Pelita Logistik Tbk was 10.40% per year.


PT IMC Pelita Logistik Tbk Gross Margin % Historical Data

The historical data trend for PT IMC Pelita Logistik 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 IMC Pelita Logistik Tbk Gross Margin % Chart

PT IMC Pelita Logistik Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 25.33 18.25 32.10 36.33 36.84

PT IMC Pelita Logistik Tbk 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 36.43 31.02 32.44 33.37 18.00

Competitive Comparison of PT IMC Pelita Logistik Tbk's Gross Margin %

For the Marine Shipping subindustry, PT IMC Pelita Logistik 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 IMC Pelita Logistik Tbk's Gross Margin % Distribution in the Transportation Industry

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

* The bar in red indicates where PT IMC Pelita Logistik Tbk's Gross Margin % falls into.



PT IMC Pelita Logistik Tbk Gross Margin % Calculation

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

PT IMC Pelita Logistik 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 )
=581475.8 / 1578458.925
=(Revenue - Cost of Goods Sold) / Revenue
=(1578458.925 - 996983.09) / 1578458.925
=36.84 %

PT IMC Pelita Logistik Tbk'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 )
=54433.9 / 302446.364
=(Revenue - Cost of Goods Sold) / Revenue
=(302446.364 - 248012.493) / 302446.364
=18.00 %

* 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 IMC Pelita Logistik Tbk  (ISX:PSSI) 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 IMC Pelita Logistik Tbk had a gross margin of 18.00% for the quarter that ended in Sep. 2024 => 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 IMC Pelita Logistik Tbk Gross Margin % Related Terms

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


PT IMC Pelita Logistik Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 5-6, Astra Tower 23rd Floor, Jakarta, IDN, 10220
PT IMC Pelita Logistik Tbk provides logistics and sea transportation solutions to coal mining companies in Indonesia. The company has three segments: Time charter of tugboats and barges, Floating loading facilities, and Motor vessels. The company generates the majority of its revenue from the Floating loading facilities segment.

PT IMC Pelita Logistik Tbk Headlines

No Headlines