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Swedencare AB (Swedencare AB) Gross Margin % : 56.44% (As of Mar. 2024)


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What is Swedencare AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Swedencare AB's Gross Profit for the three months ended in Mar. 2024 was $32.5 Mil. Swedencare AB's Revenue for the three months ended in Mar. 2024 was $57.5 Mil. Therefore, Swedencare AB's Gross Margin % for the quarter that ended in Mar. 2024 was 56.44%.

Warning Sign:

Swedencare AB gross margin has been in long-term decline. The average rate of decline per year is -6.9%.


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

SWDCF' s Gross Margin % Range Over the Past 10 Years
Min: 50.08   Med: 64.75   Max: 78.5
Current: 55.64


During the past 10 years, the highest Gross Margin % of Swedencare AB was 78.50%. The lowest was 50.08%. And the median was 64.75%.

SWDCF's Gross Margin % is ranked better than
65.52% of 986 companies
in the Drug Manufacturers industry
Industry Median: 46.375 vs SWDCF: 55.64

Swedencare AB had a gross margin of 56.44% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Swedencare AB was -6.90% per year.


Swedencare AB Gross Margin % Historical Data

The historical data trend for Swedencare AB'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.

Swedencare AB Gross Margin % Chart

Swedencare AB 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 73.32 61.27 50.08 55.85 55.20

Swedencare AB 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 54.58 53.15 54.44 58.33 56.44

Competitive Comparison of Swedencare AB's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Swedencare AB'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.


Swedencare AB's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Swedencare AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Swedencare AB's Gross Margin % falls into.



Swedencare AB Gross Margin % Calculation

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

Swedencare AB'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 )
=125.8 / 227.958
=(Revenue - Cost of Goods Sold) / Revenue
=(227.958 - 102.12) / 227.958
=55.20 %

Swedencare AB'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 )
=32.5 / 57.524
=(Revenue - Cost of Goods Sold) / Revenue
=(57.524 - 25.059) / 57.524
=56.44 %

* 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.


Swedencare AB  (OTCPK:SWDCF) 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

Swedencare AB had a gross margin of 56.44% for the quarter that ended in Mar. 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.


Swedencare AB Gross Margin % Related Terms

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Swedencare AB (Swedencare AB) Business Description

Traded in Other Exchanges
Address
Per Albin Hanssons Vag 41, Medeon Science Park, Malmo, SWE, 205 12
Swedencare AB is specialized in pet healthcare and produces partly in own factories, markets and sells premium products on the global market. The company has a wide range of brands and products within most therapy areas, which includes Animal Pharmaceuticals, nutravet, NutriScience, PetMD, Stratford, VetWELL as well as ProDen PlaqueOff for oral health to dogs and cats. The company's products are sold in approximately fifty markets.

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