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Naba Alsaha Medical Services Co (SAU:9546) Gross Margin % : 39.93% (As of Dec. 2023)


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What is Naba Alsaha Medical Services Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Naba Alsaha Medical Services Co's Gross Profit for the six months ended in Dec. 2023 was ﷼40.1 Mil. Naba Alsaha Medical Services Co's Revenue for the six months ended in Dec. 2023 was ﷼100.5 Mil. Therefore, Naba Alsaha Medical Services Co's Gross Margin % for the quarter that ended in Dec. 2023 was 39.93%.


The historical rank and industry rank for Naba Alsaha Medical Services Co's Gross Margin % or its related term are showing as below:

SAU:9546' s Gross Margin % Range Over the Past 10 Years
Min: 39.75   Med: 39.82   Max: 40.45
Current: 40.45


During the past 3 years, the highest Gross Margin % of Naba Alsaha Medical Services Co was 40.45%. The lowest was 39.75%. And the median was 39.82%.

SAU:9546's Gross Margin % is ranked worse than
51.62% of 616 companies
in the Healthcare Providers & Services industry
Industry Median: 41.535 vs SAU:9546: 40.45

Naba Alsaha Medical Services Co had a gross margin of 39.93% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Naba Alsaha Medical Services Co was 0.00% per year.


Naba Alsaha Medical Services Co Gross Margin % Historical Data

The historical data trend for Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co Gross Margin % Chart

Naba Alsaha Medical Services Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
39.75 39.82 40.45

Naba Alsaha Medical Services Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % - 43.46 36.39 41.10 39.93

Competitive Comparison of Naba Alsaha Medical Services Co's Gross Margin %

For the Medical Care Facilities subindustry, Naba Alsaha Medical Services 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.


Naba Alsaha Medical Services Co's Gross Margin % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Naba Alsaha Medical Services Co's Gross Margin % falls into.



Naba Alsaha Medical Services Co Gross Margin % Calculation

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

Naba Alsaha Medical Services 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 )
=73.8 / 182.352
=(Revenue - Cost of Goods Sold) / Revenue
=(182.352 - 108.583) / 182.352
=40.45 %

Naba Alsaha Medical Services Co'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 )
=40.1 / 100.512
=(Revenue - Cost of Goods Sold) / Revenue
=(100.512 - 60.377) / 100.512
=39.93 %

* 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.


Naba Alsaha Medical Services Co  (SAU:9546) 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

Naba Alsaha Medical Services Co had a gross margin of 39.93% for the quarter that ended in Dec. 2023 => 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.


Naba Alsaha Medical Services Co Gross Margin % Related Terms

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Naba Alsaha Medical Services Co (SAU:9546) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Bin Hadhlana Street, Al-Khuzama District, Al Khobar, SAU, 31911
Naba Alsaha Medical Services Co engages in the operation and management of AlZahra Hospital, Manarat Al-Haramain Pharmacy, and the Company's branch for medical services in Al-Khobar. The hospital provides medical services in outpatient and inpatient facilities, surgery, emergency, and intensive care. The pharmacy provides services to AlZahra General Hospital OPD patients and to patients who have medical prescriptions from other hospitals. The branch was established to provide maintenance and housekeeping services to AlZahra General Hospital as well as maintenance services to the hospital housing.

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