GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dallah Healthcare Co (SAU:4004) » Definitions » Gross Margin %

Dallah Healthcare Co (SAU:4004) Gross Margin % : 37.42% (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Dallah Healthcare Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dallah Healthcare Co's Gross Profit for the three months ended in Mar. 2024 was ﷼293 Mil. Dallah Healthcare Co's Revenue for the three months ended in Mar. 2024 was ﷼784 Mil. Therefore, Dallah Healthcare Co's Gross Margin % for the quarter that ended in Mar. 2024 was 37.42%.


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

SAU:4004' s Gross Margin % Range Over the Past 10 Years
Min: 34.12   Med: 36.8   Max: 46.07
Current: 36.72


During the past 13 years, the highest Gross Margin % of Dallah Healthcare Co was 46.07%. The lowest was 34.12%. And the median was 36.80%.

SAU:4004's Gross Margin % is ranked worse than
57.14% of 616 companies
in the Healthcare Providers & Services industry
Industry Median: 41.535 vs SAU:4004: 36.72

Dallah Healthcare Co had a gross margin of 37.42% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dallah Healthcare Co was 0.10% per year.


Dallah Healthcare Co Gross Margin % Historical Data

The historical data trend for Dallah Healthcare 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.

Dallah Healthcare Co Gross Margin % Chart

Dallah Healthcare 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 35.77 34.12 36.12 35.98 36.65

Dallah Healthcare Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.23 35.06 37.46 36.72 37.42

Competitive Comparison of Dallah Healthcare Co's Gross Margin %

For the Medical Care Facilities subindustry, Dallah Healthcare 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.


Dallah Healthcare Co's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dallah Healthcare Co's Gross Margin % distribution charts can be found below:

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



Dallah Healthcare Co Gross Margin % Calculation

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

Dallah Healthcare 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 )
=1078.7 / 2942.898
=(Revenue - Cost of Goods Sold) / Revenue
=(2942.898 - 1864.224) / 2942.898
=36.65 %

Dallah Healthcare Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=293.4 / 784.056
=(Revenue - Cost of Goods Sold) / Revenue
=(784.056 - 490.694) / 784.056
=37.42 %

* 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.


Dallah Healthcare Co  (SAU:4004) 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

Dallah Healthcare Co had a gross margin of 37.42% for the quarter that ended in Mar. 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.


Dallah Healthcare Co Gross Margin % Related Terms

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


Dallah Healthcare Co (SAU:4004) Business Description

Traded in Other Exchanges
N/A
Address
1157 King Fahad Road, Nakheel building, 2nd Floor, Riyadh, SAU, 12381
Dallah Healthcare Co provides and operates healthcare programs and utilities in the Kingdom of Saudi Arabia. The objectives of the company include operating, managing and maintaining the healthcare entities, wholesale medicines and retail of medical and surgical equipment, prosthetics and devices for the disabled, hospital equipment and manufacturing medicines, pharmaceuticals, herbals, health, cosmetics, detergents, disinfectants and the packaging in the Kingdom of Saudi Arabia. The reportable segments of the company are Medical Service/Medicine and Pharmaceutical products. The majority of the company's revenue is earned from the Medical service segment.

Dallah Healthcare Co (SAU:4004) Headlines

No Headlines