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Excelsior Medical Co (TPE:4104) Gross Margin % : 21.35% (As of Sep. 2024)


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What is Excelsior Medical Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Excelsior Medical Co's Gross Profit for the three months ended in Sep. 2024 was NT$440 Mil. Excelsior Medical Co's Revenue for the three months ended in Sep. 2024 was NT$2,059 Mil. Therefore, Excelsior Medical Co's Gross Margin % for the quarter that ended in Sep. 2024 was 21.35%.


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

TPE:4104' s Gross Margin % Range Over the Past 10 Years
Min: 18.9   Med: 19.83   Max: 21.07
Current: 20.34


During the past 13 years, the highest Gross Margin % of Excelsior Medical Co was 21.07%. The lowest was 18.90%. And the median was 19.83%.

TPE:4104's Gross Margin % is ranked better than
54.21% of 107 companies
in the Medical Distribution industry
Industry Median: 17.42 vs TPE:4104: 20.34

Excelsior Medical Co had a gross margin of 21.35% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Excelsior Medical Co was 2.00% per year.


Excelsior Medical Co Gross Margin % Historical Data

The historical data trend for Excelsior Medical 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.

Excelsior Medical Co Gross Margin % Chart

Excelsior Medical 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 19.18 19.57 20.90 21.07 20.28

Excelsior Medical Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.92 20.44 20.07 19.54 21.35

Competitive Comparison of Excelsior Medical Co's Gross Margin %

For the Medical Distribution subindustry, Excelsior Medical 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.


Excelsior Medical Co's Gross Margin % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Excelsior Medical Co's Gross Margin % distribution charts can be found below:

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



Excelsior Medical Co Gross Margin % Calculation

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

Excelsior Medical 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 )
=1669.7 / 8233.404
=(Revenue - Cost of Goods Sold) / Revenue
=(8233.404 - 6563.688) / 8233.404
=20.28 %

Excelsior Medical Co'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 )
=439.6 / 2059.156
=(Revenue - Cost of Goods Sold) / Revenue
=(2059.156 - 1619.592) / 2059.156
=21.35 %

* 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.


Excelsior Medical Co  (TPE:4104) 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

Excelsior Medical Co had a gross margin of 21.35% 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.


Excelsior Medical Co Gross Margin % Related Terms

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Excelsior Medical Co Business Description

Traded in Other Exchanges
N/A
Address
No. 880, Zhongzheng Road, 17th Floor, Zhonghe District, New Taipei City, TWN, 235
Excelsior Medical Co Ltd is engaged in the sale of medical supplies and medicines, home medical devices, and medical equipment with brand names of local and foreign manufacturers. The company's reportable segments include Excelsior, Dynamic, Arich, and Others. It generates maximum revenue from the Excelsior segment. Geographically, it derives key revenue from Taiwan and also has a presence in Hong Kong, Philippines, Malaysia, and Indonesia.

Excelsior Medical Co Headlines

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