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RECM and Calibre (JSE:RACP) Gross Margin % : 0.00% (As of Sep. 2023)


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What is RECM and Calibre Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RECM and Calibre's Gross Profit for the six months ended in Sep. 2023 was R1.51 Mil. RECM and Calibre's Revenue for the six months ended in Sep. 2023 was R1.51 Mil. Therefore, RECM and Calibre's Gross Margin % for the quarter that ended in Sep. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for RECM and Calibre's Gross Margin % or its related term are showing as below:


JSE:RACP's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 51.345
* Ranked among companies with meaningful Gross Margin % only.

RECM and Calibre had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RECM and Calibre was 0.00% per year.


RECM and Calibre Gross Margin % Historical Data

The historical data trend for RECM and Calibre'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.

RECM and Calibre Gross Margin % Chart

RECM and Calibre Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
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RECM and Calibre Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of RECM and Calibre's Gross Margin %

For the Asset Management subindustry, RECM and Calibre'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.


RECM and Calibre's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RECM and Calibre's Gross Margin % distribution charts can be found below:

* The bar in red indicates where RECM and Calibre's Gross Margin % falls into.



RECM and Calibre Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

RECM and Calibre's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=22.2 / 22.199
=(Revenue - Cost of Goods Sold) / Revenue
=(22.199 - 0) / 22.199
=N/A %

RECM and Calibre's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1.5 / 1.511
=(Revenue - Cost of Goods Sold) / Revenue
=(1.511 - 0) / 1.511
=N/A %

* 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.


RECM and Calibre  (JSE:RACP) 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

RECM and Calibre had a gross margin of N/A% for the quarter that ended in Sep. 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.


RECM and Calibre Gross Margin % Related Terms

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RECM and Calibre (JSE:RACP) Business Description

Traded in Other Exchanges
N/A
Address
50 Bree Street, 1st Floor, The Barracks, Cape Town, WC, ZAF, 8001
RECM and Calibre Ltd is a closed-end investment company making long-term investments. Its investment objective is to make long-term investments for generating high real returns from capital appreciation, and investment income. It operates principally in South Africa. The company's revenue source is from dividends and interests.

RECM and Calibre (JSE:RACP) Headlines

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