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Italian Wine Brands SpA (MIL:IWB) Gross Margin % : 15.49% (As of Dec. 2023)


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What is Italian Wine Brands SpA Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Italian Wine Brands SpA's Gross Profit for the six months ended in Dec. 2023 was €36.0 Mil. Italian Wine Brands SpA's Revenue for the six months ended in Dec. 2023 was €232.3 Mil. Therefore, Italian Wine Brands SpA's Gross Margin % for the quarter that ended in Dec. 2023 was 15.49%.


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

MIL:IWB' s Gross Margin % Range Over the Past 10 Years
Min: 12.3   Med: 14.88   Max: 18.61
Current: 14.88


During the past 9 years, the highest Gross Margin % of Italian Wine Brands SpA was 18.61%. The lowest was 12.30%. And the median was 14.88%.

MIL:IWB's Gross Margin % is ranked worse than
91.83% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 39.865 vs MIL:IWB: 14.88

Italian Wine Brands SpA had a gross margin of 15.49% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Italian Wine Brands SpA was -0.80% per year.


Italian Wine Brands SpA Gross Margin % Historical Data

The historical data trend for Italian Wine Brands 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.

* Premium members only.

Italian Wine Brands SpA Gross Margin % Chart

Italian Wine Brands SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 15.01 15.72 14.25 12.30 14.88

Italian Wine Brands SpA Semi-Annual Data
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 13.72 12.43 12.19 14.15 15.49

Competitive Comparison of Italian Wine Brands SpA's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Italian Wine Brands 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.


Italian Wine Brands SpA's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Italian Wine Brands SpA's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Italian Wine Brands SpA's Gross Margin % falls into.



Italian Wine Brands SpA Gross Margin % Calculation

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

Italian Wine Brands 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 )
=63.9 / 429.127
=(Revenue - Cost of Goods Sold) / Revenue
=(429.127 - 365.274) / 429.127
=14.88 %

Italian Wine Brands 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 )
=36 / 232.349
=(Revenue - Cost of Goods Sold) / Revenue
=(232.349 - 196.347) / 232.349
=15.49 %

* 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.


Italian Wine Brands SpA  (MIL:IWB) 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

Italian Wine Brands SpA had a gross margin of 15.49% 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.


Italian Wine Brands SpA Gross Margin % Related Terms

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


Italian Wine Brands SpA (MIL:IWB) Business Description

Traded in Other Exchanges
Address
Viale Abruzzi 94, Milan, ITA, 20131
Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.

Italian Wine Brands SpA (MIL:IWB) Headlines

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