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Bedding World Co (ROCO:2938) Gross Margin % : 68.49% (As of Jun. 2024)


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What is Bedding World Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bedding World Co's Gross Profit for the six months ended in Jun. 2024 was NT$286.4 Mil. Bedding World Co's Revenue for the six months ended in Jun. 2024 was NT$418.2 Mil. Therefore, Bedding World Co's Gross Margin % for the quarter that ended in Jun. 2024 was 68.49%.


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

ROCO:2938' s Gross Margin % Range Over the Past 10 Years
Min: 59.06   Med: 63.58   Max: 67.74
Current: 67.74


During the past 11 years, the highest Gross Margin % of Bedding World Co was 67.74%. The lowest was 59.06%. And the median was 63.58%.

ROCO:2938's Gross Margin % is ranked better than
98.32% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.695 vs ROCO:2938: 67.74

Bedding World Co had a gross margin of 68.49% for the quarter that ended in Jun. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bedding World Co was 0.90% per year.


Bedding World Co Gross Margin % Historical Data

The historical data trend for Bedding World Co'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.

Bedding World Co Gross Margin % Chart

Bedding World Co 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 64.81 65.23 63.93 65.51 67.29

Bedding World Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 66.09 64.98 67.56 67.03 68.49

Competitive Comparison of Bedding World Co's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Bedding World Co'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.


Bedding World Co's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bedding World Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bedding World Co's Gross Margin % falls into.



Bedding World Co Gross Margin % Calculation

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

Bedding World Co'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 )
=572.7 / 851.189
=(Revenue - Cost of Goods Sold) / Revenue
=(851.189 - 278.461) / 851.189
=67.29 %

Bedding World Co'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 )
=286.4 / 418.193
=(Revenue - Cost of Goods Sold) / Revenue
=(418.193 - 131.758) / 418.193
=68.49 %

* 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.


Bedding World Co  (ROCO:2938) 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

Bedding World Co had a gross margin of 68.49% for the quarter that ended in Jun. 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.


Bedding World Co Gross Margin % Related Terms

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Bedding World Co Business Description

Traded in Other Exchanges
N/A
Address
Number 88, Sec. 1, Jiuzong Road, Neihu District, Taipei City, TWN
Bedding World Co Ltd is a Taiwan based company mainly engaged in manufacturing of a variety of beds. The company's product offerings include Classic bed, National mattress, Grand Canyon, Statue of Liberty, Harvard and other brands of beds and other related stuff.

Bedding World Co Headlines

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