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Sildarvinnslan HF (OISE:SVN) Gross Margin % : 59.05% (As of Dec. 2023)


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What is Sildarvinnslan HF Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sildarvinnslan HF's Gross Profit for the three months ended in Dec. 2023 was kr7,027 Mil. Sildarvinnslan HF's Revenue for the three months ended in Dec. 2023 was kr11,901 Mil. Therefore, Sildarvinnslan HF's Gross Margin % for the quarter that ended in Dec. 2023 was 59.05%.


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

OISE:SVN' s Gross Margin % Range Over the Past 10 Years
Min: 24.89   Med: 58.06   Max: 62.96
Current: 57.2


During the past 6 years, the highest Gross Margin % of Sildarvinnslan HF was 62.96%. The lowest was 24.89%. And the median was 58.06%.

OISE:SVN's Gross Margin % is ranked better than
89.34% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs OISE:SVN: 57.20

Sildarvinnslan HF had a gross margin of 59.05% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sildarvinnslan HF was 12.60% per year.


Sildarvinnslan HF Gross Margin % Historical Data

The historical data trend for Sildarvinnslan HF'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.

Sildarvinnslan HF Gross Margin % Chart

Sildarvinnslan HF Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 58.69 59.92 62.96 57.43 57.20

Sildarvinnslan HF Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 62.85 54.48 56.97 59.24 59.05

Competitive Comparison of Sildarvinnslan HF's Gross Margin %

For the Farm Products subindustry, Sildarvinnslan HF'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.


Sildarvinnslan HF's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sildarvinnslan HF's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sildarvinnslan HF's Gross Margin % falls into.



Sildarvinnslan HF Gross Margin % Calculation

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

Sildarvinnslan HF'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 )
=31933.1 / 55823.847
=(Revenue - Cost of Goods Sold) / Revenue
=(55823.847 - 23890.745) / 55823.847
=57.20 %

Sildarvinnslan HF'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 )
=7027 / 11900.871
=(Revenue - Cost of Goods Sold) / Revenue
=(11900.871 - 4873.897) / 11900.871
=59.05 %

* 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.


Sildarvinnslan HF  (OISE:SVN) 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

Sildarvinnslan HF had a gross margin of 59.05% for the quarter that ended in Dec. 2023 => Durable 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.


Sildarvinnslan HF Gross Margin % Related Terms

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


Sildarvinnslan HF (OISE:SVN) Business Description

Traded in Other Exchanges
N/A
Address
Hafnarbraut 6, Fjaroabyggo, ISL, 740
Sildarvinnslan HF is the largest and most powerful fishery company. It is the most active in Iceland in the field of fishing and processing of pelagic species and the largest producer of fishmeal and fish oil.

Sildarvinnslan HF (OISE:SVN) Headlines

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