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Nevis Brands (Nevis Brands) Gross Margin % : 63.83% (As of Feb. 2024)


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What is Nevis Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nevis Brands's Gross Profit for the three months ended in Feb. 2024 was $0.18 Mil. Nevis Brands's Revenue for the three months ended in Feb. 2024 was $0.28 Mil. Therefore, Nevis Brands's Gross Margin % for the quarter that ended in Feb. 2024 was 63.83%.


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

PSCBF' s Gross Margin % Range Over the Past 10 Years
Min: 58.57   Med: 58.57   Max: 60.31
Current: 60.31


During the past 13 years, the highest Gross Margin % of Nevis Brands was 60.31%. The lowest was 58.57%. And the median was 58.57%.

PSCBF's Gross Margin % is ranked better than
91.67% of 108 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 36.875 vs PSCBF: 60.31

Nevis Brands had a gross margin of 63.83% for the quarter that ended in Feb. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nevis Brands was 0.00% per year.


Nevis Brands Gross Margin % Historical Data

The historical data trend for Nevis Brands'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.

Nevis Brands Gross Margin % Chart

Nevis Brands Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 58.57

Nevis Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 47.32 66.09 63.83

Competitive Comparison of Nevis Brands's Gross Margin %

For the Beverages - Non-Alcoholic subindustry, Nevis Brands'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.


Nevis Brands's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry

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

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



Nevis Brands Gross Margin % Calculation

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

Nevis Brands's Gross Margin for the fiscal year that ended in Nov. 2023 is calculated as

Gross Margin % (A: Nov. 2023 )=Gross Profit (A: Nov. 2023 ) / Revenue (A: Nov. 2023 )
=0.3 / 0.49
=(Revenue - Cost of Goods Sold) / Revenue
=(0.49 - 0.203) / 0.49
=58.57 %

Nevis Brands's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0.2 / 0.282
=(Revenue - Cost of Goods Sold) / Revenue
=(0.282 - 0.102) / 0.282
=63.83 %

* 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.


Nevis Brands  (OTCPK:PSCBF) 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

Nevis Brands had a gross margin of 63.83% for the quarter that ended in Feb. 2024 => 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.


Nevis Brands Gross Margin % Related Terms

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


Nevis Brands (Nevis Brands) Business Description

Traded in Other Exchanges
Address
4000 Mason Road, Suite 304, Seattle, WA, USA, 98195
Nevis Brands Inc innovates and develops cannabis beverages and related products. Its brands comprise Major, Happy Apple, Pearl, Utopia, Atomic Apple, Vertus, Velvet Swing, and Velvet Kiss.