Bellini Nautica SpA (MIL:BELL) Gross Margin % : -3.71% (As of Dec. 2023)

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What is Bellini Nautica SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bellini Nautica SpA's Gross Profit for the six months ended in Dec. 2023 was €-0.22 Mil. Bellini Nautica SpA's Revenue for the six months ended in Dec. 2023 was €5.93 Mil. Therefore, Bellini Nautica SpA's Gross Margin % for the quarter that ended in Dec. 2023 was -3.71%.

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

MIL:BELL' s Gross Margin % Range Over the Past 10 Years
Min: 19.06 Med: 25.09 Max: 27.77
Current: 19.06

During the past 4 years, the highest Gross Margin % of Bellini Nautica SpA was 27.77%. The lowest was 19.06%. And the median was 25.09%.

MIL:BELL's Gross Margin % is ranked worse than
52.95% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 19.8 vs MIL:BELL: 19.06

Bellini Nautica SpA had a gross margin of -3.71% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bellini Nautica SpA was 0.00% per year.

Bellini Nautica SpA Gross Margin % Historical Data

The historical data trend for Bellini Nautica SpA'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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Bellini Nautica SpA Gross Margin % Chart

Bellini Nautica SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

26.67

27.77

23.50

19.06

Bellini Nautica SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			-	49.38	10.45	42.20	-3.71

Competitive Comparison of Bellini Nautica SpA's Gross Margin %

For the Recreational Vehicles subindustry, Bellini Nautica SpA'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.

Bellini Nautica SpA's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bellini Nautica SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bellini Nautica SpA's Gross Margin % falls into.

Bellini Nautica SpA Gross Margin % Calculation

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

Bellini Nautica SpA's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	2.2	/	11.762
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11.762 - 9.52)	/	11.762
	=	19.06 %

Bellini Nautica SpA'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 )
	=	-0.2	/	5.928
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(5.928 - 6.148)	/	5.928
	=	-3.71 %

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.

Bellini Nautica SpA (MIL:BELL) 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

Bellini Nautica SpA had a gross margin of -3.71% 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.

Bellini Nautica SpA Gross Margin % Related Terms

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Bellini Nautica SpA (MIL:BELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bellini Nautica SpA (MIL:BELL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

F2F:Germany

Address

Via Carlo Lanza 28, Clusane d'Iseo, Via Carlo Lanza 28,, ITA, 25049

Website

https://www.bellininautica.it

Bellini Nautica SpA offers recreational vehicles. It engages in the sale of new Cranchi yachts and used Riva speed boats, dinghies, and motor boats. It restores collectable Riva boats and sells accessories such as Garmin, Fusion, Navigon, Navionics, and Raymarine nautical apparel.

Bellini Nautica SpA (MIL:BELL) Headlines

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