Cullinan Holdings (JSE:CULP.PFD) Gross Margin % : 71.39% (As of Sep. 2017)

Cullinan Holdings Gross Margin % Chart

Cullinan Holdings Annual Data
	Trend	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17
Gross Margin %		Get a 7-Day Free Trial					71.13	60.47	62.29	61.25	69.48

Cullinan Holdings Semi-Annual Data
	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17
Gross Margin %	Get a 7-Day Free Trial															59.54	63.45	59.45	67.70	71.39

Competitive Comparison of Cullinan Holdings's Gross Margin %

For the Leisure subindustry, Cullinan Holdings'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.

Cullinan Holdings's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cullinan Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cullinan Holdings's Gross Margin % falls into.

Cullinan Holdings Gross Margin % Calculation

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

Cullinan Holdings's Gross Margin for the fiscal year that ended in Sep. 2017 is calculated as

Cullinan Holdings's Gross Margin for the quarter that ended in Sep. 2017 is calculated as

* 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.

Cullinan Holdings  (JSE:CULP.PFD) 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

Cullinan Holdings had a gross margin of 71.39% for the quarter that ended in Sep. 2017 => 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.

Cullinan Holdings Gross Margin % Related Terms

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Cullinan Holdings (JSE:CULP.PFD) Business Description