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Raysut Cement CoOG (MUS:RCCI) Gross Margin % : 17.36% (As of Jun. 2024)


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What is Raysut Cement CoOG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Raysut Cement CoOG's Gross Profit for the three months ended in Jun. 2024 was ر.ع2.69 Mil. Raysut Cement CoOG's Revenue for the three months ended in Jun. 2024 was ر.ع15.50 Mil. Therefore, Raysut Cement CoOG's Gross Margin % for the quarter that ended in Jun. 2024 was 17.36%.

Warning Sign:

Raysut Cement Co SAOG gross margin has been in long-term decline. The average rate of decline per year is -15.2%.


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

MUS:RCCI' s Gross Margin % Range Over the Past 10 Years
Min: 2.63   Med: 20.32   Max: 41.81
Current: 11.57


During the past 13 years, the highest Gross Margin % of Raysut Cement CoOG was 41.81%. The lowest was 2.63%. And the median was 20.32%.

MUS:RCCI's Gross Margin % is ranked worse than
84.52% of 394 companies
in the Building Materials industry
Industry Median: 25.725 vs MUS:RCCI: 11.57

Raysut Cement CoOG had a gross margin of 17.36% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Raysut Cement CoOG was -15.20% per year.


Raysut Cement CoOG Gross Margin % Historical Data

The historical data trend for Raysut Cement CoOG'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.

Raysut Cement CoOG Gross Margin % Chart

Raysut Cement CoOG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.68 3.89 5.70 2.63 18.33

Raysut Cement CoOG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 20.23 10.97 - 6.43 17.36

Competitive Comparison of Raysut Cement CoOG's Gross Margin %

For the Building Materials subindustry, Raysut Cement CoOG'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.


Raysut Cement CoOG's Gross Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raysut Cement CoOG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Raysut Cement CoOG's Gross Margin % falls into.


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Raysut Cement CoOG Gross Margin % Calculation

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

Raysut Cement CoOG'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 )
=12 / 65.543
=(Revenue - Cost of Goods Sold) / Revenue
=(65.543 - 53.529) / 65.543
=18.33 %

Raysut Cement CoOG's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2.7 / 15.503
=(Revenue - Cost of Goods Sold) / Revenue
=(15.503 - 12.812) / 15.503
=17.36 %

* 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.


Raysut Cement CoOG  (MUS:RCCI) 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

Raysut Cement CoOG had a gross margin of 17.36% for the quarter that ended in Jun. 2024 => 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.


Raysut Cement CoOG Gross Margin % Related Terms

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Raysut Cement CoOG Business Description

Traded in Other Exchanges
N/A
Address
Raysut Industrial Area, P.O.Box 1020, Salalah, OMN, 211
Raysut Cement Co SAOG is engaged in the production and sale of cement in Oman. Its products include portland cement, sulphur resistant cement, oil well class cement and pozzolana well cement. The company sells its products in domestic and international markets including Oman, Yemen, Somalia, Mauritius, Qatar, Iraq, Tanzania and Sudan.

Raysut Cement CoOG Headlines

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