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Botswana Diamonds (LSE:BOD) Gross Margin % : 16.67% (As of Dec. 2023)


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What is Botswana Diamonds Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Botswana Diamonds's Gross Profit for the six months ended in Dec. 2023 was £0.00 Mil. Botswana Diamonds's Revenue for the six months ended in Dec. 2023 was £0.02 Mil. Therefore, Botswana Diamonds's Gross Margin % for the quarter that ended in Dec. 2023 was 16.67%.


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

LSE:BOD' s Gross Margin % Range Over the Past 10 Years
Min: 35.9   Med: 66.67   Max: 66.67
Current: 35.9


During the past 13 years, the highest Gross Margin % of Botswana Diamonds was 66.67%. The lowest was 35.90%. And the median was 66.67%.

LSE:BOD's Gross Margin % is ranked better than
69.86% of 690 companies
in the Metals & Mining industry
Industry Median: 20.41 vs LSE:BOD: 35.90

Botswana Diamonds had a gross margin of 16.67% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Botswana Diamonds was 0.00% per year.


Botswana Diamonds Gross Margin % Historical Data

The historical data trend for Botswana Diamonds'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.

Botswana Diamonds Gross Margin % Chart

Botswana Diamonds Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 66.67

Botswana Diamonds Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - 66.67 16.67

Competitive Comparison of Botswana Diamonds's Gross Margin %

For the Other Precious Metals & Mining subindustry, Botswana Diamonds'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.


Botswana Diamonds's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Botswana Diamonds's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Botswana Diamonds's Gross Margin % falls into.



Botswana Diamonds Gross Margin % Calculation

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

Botswana Diamonds's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=0 / 0.015
=(Revenue - Cost of Goods Sold) / Revenue
=(0.015 - 0.005) / 0.015
=66.67 %

Botswana Diamonds'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 )
=0 / 0.024
=(Revenue - Cost of Goods Sold) / Revenue
=(0.024 - 0.02) / 0.024
=16.67 %

* 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.


Botswana Diamonds  (LSE:BOD) 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

Botswana Diamonds had a gross margin of 16.67% 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.


Botswana Diamonds Gross Margin % Related Terms

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


Botswana Diamonds Business Description

Traded in Other Exchanges
Address
162 Clontarf Road, Dublin, IRL, 3
Botswana Diamonds PLC is a diamond exploration and development company that has exploration projects in Cameroon and Mozambique. It operates in two of the kimberlite clusters, Orapa where the mines are, and in Gope in the Kalahari Desert, which is an emerging diamond province. The Company is organised into three segments include Botswana, Zimbabwe and South Africa. The company's operations include Botswana Sunland Minerals, Botswana Maibwe, South Africa Vutomi, and others.

Botswana Diamonds Headlines

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