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Dr Bock Industries AG (WBO:DBI) Gross Margin % : 57.08% (As of Dec. 2018)


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What is Dr Bock Industries AG Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dr Bock Industries AG's Gross Profit for the six months ended in Dec. 2018 was €7.90 Mil. Dr Bock Industries AG's Revenue for the six months ended in Dec. 2018 was €13.84 Mil. Therefore, Dr Bock Industries AG's Gross Margin % for the quarter that ended in Dec. 2018 was 57.08%.


The historical rank and industry rank for Dr Bock Industries AG's Gross Margin % or its related term are showing as below:


WBO:DBI's Gross Margin % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 25.83
* Ranked among companies with meaningful Gross Margin % only.

Dr Bock Industries AG had a gross margin of 57.08% for the quarter that ended in Dec. 2018 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dr Bock Industries AG was 0.00% per year.


Dr Bock Industries AG Gross Margin % Historical Data

The historical data trend for Dr Bock Industries AG'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.

Dr Bock Industries AG Gross Margin % Chart

Dr Bock Industries AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Gross Margin %
- 63.25 64.18 63.60 60.61

Dr Bock Industries AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Gross Margin % Get a 7-Day Free Trial 64.82 63.73 63.45 63.78 57.08

Competitive Comparison of Dr Bock Industries AG's Gross Margin %

For the Apparel Manufacturing subindustry, Dr Bock Industries AG'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.


Dr Bock Industries AG's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dr Bock Industries AG's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dr Bock Industries AG's Gross Margin % falls into.



Dr Bock Industries AG Gross Margin % Calculation

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

Dr Bock Industries AG's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Gross Margin % (A: Dec. 2018 )=Gross Profit (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=17.7 / 29.265
=(Revenue - Cost of Goods Sold) / Revenue
=(29.265 - 11.527) / 29.265
=60.61 %

Dr Bock Industries AG's Gross Margin for the quarter that ended in Dec. 2018 is calculated as


Gross Margin % (Q: Dec. 2018 )=Gross Profit (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=7.9 / 13.841
=(Revenue - Cost of Goods Sold) / Revenue
=(13.841 - 5.94) / 13.841
=57.08 %

* 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.


Dr Bock Industries AG  (WBO:DBI) 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

Dr Bock Industries AG had a gross margin of 57.08% for the quarter that ended in Dec. 2018 => 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.


Dr Bock Industries AG Gross Margin % Related Terms

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Dr Bock Industries AG (WBO:DBI) Business Description

Traded in Other Exchanges
N/A
Address
Welle 23, Auetal-Rolfshagen, DEU, D-31749
Dr Bock Industries AG is engaged in producing men's trousers. It is engaged in spreading and cutting, sewing and assembling, and finishing and final inspection of garments.