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Boubyan Petrochemical Co KSC (KUW:BPCC) Gross Margin % : 37.88% (As of Oct. 2024)


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What is Boubyan Petrochemical Co KSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Boubyan Petrochemical Co KSC's Gross Profit for the three months ended in Oct. 2024 was KWD8.58 Mil. Boubyan Petrochemical Co KSC's Revenue for the three months ended in Oct. 2024 was KWD22.64 Mil. Therefore, Boubyan Petrochemical Co KSC's Gross Margin % for the quarter that ended in Oct. 2024 was 37.88%.


The historical rank and industry rank for Boubyan Petrochemical Co KSC's Gross Margin % or its related term are showing as below:

KUW:BPCC' s Gross Margin % Range Over the Past 10 Years
Min: 12.75   Med: 30.72   Max: 37.74
Current: 37.74


During the past 13 years, the highest Gross Margin % of Boubyan Petrochemical Co KSC was 37.74%. The lowest was 12.75%. And the median was 30.72%.

KUW:BPCC's Gross Margin % is ranked better than
81.26% of 1505 companies
in the Chemicals industry
Industry Median: 22.05 vs KUW:BPCC: 37.74

Boubyan Petrochemical Co KSC had a gross margin of 37.88% for the quarter that ended in Oct. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Boubyan Petrochemical Co KSC was 4.40% per year.


Boubyan Petrochemical Co KSC Gross Margin % Historical Data

The historical data trend for Boubyan Petrochemical Co KSC'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.

Boubyan Petrochemical Co KSC Gross Margin % Chart

Boubyan Petrochemical Co KSC Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.98 33.59 32.89 36.81 37.17

Boubyan Petrochemical Co KSC Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 35.78 36.98 37.60 38.44 37.88

Competitive Comparison of Boubyan Petrochemical Co KSC's Gross Margin %

For the Chemicals subindustry, Boubyan Petrochemical Co KSC'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.


Boubyan Petrochemical Co KSC's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Boubyan Petrochemical Co KSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Boubyan Petrochemical Co KSC's Gross Margin % falls into.



Boubyan Petrochemical Co KSC Gross Margin % Calculation

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

Boubyan Petrochemical Co KSC's Gross Margin for the fiscal year that ended in Apr. 2024 is calculated as

Gross Margin % (A: Apr. 2024 )=Gross Profit (A: Apr. 2024 ) / Revenue (A: Apr. 2024 )
=30.8 / 82.985
=(Revenue - Cost of Goods Sold) / Revenue
=(82.985 - 52.143) / 82.985
=37.17 %

Boubyan Petrochemical Co KSC's Gross Margin for the quarter that ended in Oct. 2024 is calculated as


Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=8.6 / 22.64
=(Revenue - Cost of Goods Sold) / Revenue
=(22.64 - 14.064) / 22.64
=37.88 %

* 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.


Boubyan Petrochemical Co KSC  (KUW:BPCC) 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

Boubyan Petrochemical Co KSC had a gross margin of 37.88% for the quarter that ended in Oct. 2024 => Competition eroding margins


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.


Boubyan Petrochemical Co KSC Gross Margin % Related Terms

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Boubyan Petrochemical Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Al Shuhada Street, KIPCO Tower, Office Number 2, 33rd Floor, P.O. Box 2383, Safat, Sharq, Kuwait, KWT, 13024
Boubyan Petrochemical Co KSC is engaged in manufacturing petrochemical material and its derivatives and also sells, purchases, supplies, distributes, exports and stores such materials. The company's operating segment includes Energy, manufacturing and petrochemical sector and Services and education, and Others. It generates maximum revenue from the Energy, manufacturing and petrochemical sector segment.

Boubyan Petrochemical Co KSC Headlines

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