RECT (Rectitude Holdings) Gross Margin % : 34.74% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Rectitude Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rectitude Holdings's Gross Profit for the six months ended in Sep. 2024 was $5.93 Mil. Rectitude Holdings's Revenue for the six months ended in Sep. 2024 was $17.06 Mil. Therefore, Rectitude Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 34.74%.

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

RECT' s Gross Margin % Range Over the Past 10 Years
Min: 29.33 Med: 32.25 Max: 35.57
Current: 34.48

During the past 3 years, the highest Gross Margin % of Rectitude Holdings was 35.57%. The lowest was 29.33%. And the median was 32.25%.

RECT's Gross Margin % is ranked worse than
54.56% of 1107 companies
in the Retail - Cyclical industry
Industry Median: 36.89 vs RECT: 34.48

Rectitude Holdings had a gross margin of 34.74% for the quarter that ended in Sep. 2024 => Competition eroding margins

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

Rectitude Holdings Gross Margin % Historical Data

The historical data trend for Rectitude Holdings'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.

Rectitude Holdings Gross Margin % Chart

Rectitude Holdings Annual Data

Trend

Mar22

Mar23

Mar24

Gross Margin %

29.33

32.25

35.57

Rectitude Holdings Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Gross Margin %	Get a 7-Day Free Trial			33.01	31.52	36.97	34.20	34.74

Competitive Comparison of Rectitude Holdings's Gross Margin %

For the Specialty Retail subindustry, Rectitude Holdings'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.

Rectitude Holdings's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rectitude Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rectitude Holdings's Gross Margin % falls into.

Save Embed

;

Save Embed

;

Rectitude Holdings Gross Margin % Calculation

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

Rectitude Holdings's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )	=	Gross Profit (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	11	/	30.845
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(30.845 - 19.874)	/	30.845
	=	35.57 %

Rectitude Holdings's Gross Margin for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )	=	Gross Profit (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	5.9	/	17.056
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(17.056 - 11.131)	/	17.056
	=	34.74 %

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.

Rectitude Holdings (NAS:RECT) 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

Rectitude Holdings had a gross margin of 34.74% for the quarter that ended in Sep. 2024 => Competition eroding margins

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.

Rectitude Holdings Gross Margin % Related Terms

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

Rectitude Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rectitude Holdings Ltd (NAS:RECT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35 Tampines Industrial Avenue 5, T5 Tampines, Singapore, SGP, 528627

Website

https://www.rectitude.com.sg

Rectitude Holdings Ltd is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), portable fire extinguishers and traffic products such as rubber speed humps, wheel stops and wheel chocks.