Clas Ohlson AB (LTS:0GQE) Gross Margin % : 38.38% (As of Jan. 2024)

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What is Clas Ohlson AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Clas Ohlson AB's Gross Profit for the three months ended in Jan. 2024 was kr1,310 Mil. Clas Ohlson AB's Revenue for the three months ended in Jan. 2024 was kr3,412 Mil. Therefore, Clas Ohlson AB's Gross Margin % for the quarter that ended in Jan. 2024 was 38.38%.

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

LTS:0GQE' s Gross Margin % Range Over the Past 10 Years
Min: 37.49 Med: 40.78 Max: 42.95
Current: 39.13

During the past 13 years, the highest Gross Margin % of Clas Ohlson AB was 42.95%. The lowest was 37.49%. And the median was 40.78%.

LTS:0GQE's Gross Margin % is ranked better than
54.84% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.57 vs LTS:0GQE: 39.13

Clas Ohlson AB had a gross margin of 38.38% for the quarter that ended in Jan. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Clas Ohlson AB was -0.60% per year.

Clas Ohlson AB Gross Margin % Historical Data

The historical data trend for Clas Ohlson AB'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.

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Clas Ohlson AB Gross Margin % Chart

Clas Ohlson AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Gross Margin %

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39.84

39.85

40.51

41.04

37.49

Clas Ohlson AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial															38.20	38.77	38.16	41.28	38.38

Competitive Comparison of Clas Ohlson AB's Gross Margin %

For the Specialty Retail subindustry, Clas Ohlson AB'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.

Clas Ohlson AB's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Clas Ohlson AB's Gross Margin % falls into.

Clas Ohlson AB Gross Margin % Calculation

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

Clas Ohlson AB's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )	=	Gross Profit (A: Apr. 2023 )	/	Revenue (A: Apr. 2023 )
	=	3383.6	/	9024.3
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9024.3 - 5640.7)	/	9024.3
	=	37.49 %

Clas Ohlson AB's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )	=	Gross Profit (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	1309.6	/	3411.9
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3411.9 - 2102.3)	/	3411.9
	=	38.38 %

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.

Clas Ohlson AB (LTS:0GQE) 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

Clas Ohlson AB had a gross margin of 38.38% for the quarter that ended in Jan. 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.

Clas Ohlson AB Gross Margin % Related Terms

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Clas Ohlson AB (LTS:0GQE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Clas Ohlson AB (LTS:0GQE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

CLAS B:Sweden CLASBs:UK OHCB:Germany

Address

Municipality of Leksand, Insjon, SWE, 793 85

Website

https://www.clasohlson.se

Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB (LTS:0GQE) Headlines

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