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Riverview Rubber Estates Bhd (XKLS:2542) Gross Margin % : 44.03% (As of Dec. 2023)


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What is Riverview Rubber Estates Bhd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Riverview Rubber Estates Bhd's Gross Profit for the three months ended in Dec. 2023 was RM3.60 Mil. Riverview Rubber Estates Bhd's Revenue for the three months ended in Dec. 2023 was RM8.17 Mil. Therefore, Riverview Rubber Estates Bhd's Gross Margin % for the quarter that ended in Dec. 2023 was 44.03%.


The historical rank and industry rank for Riverview Rubber Estates Bhd's Gross Margin % or its related term are showing as below:

XKLS:2542' s Gross Margin % Range Over the Past 10 Years
Min: 38.96   Med: 54.87   Max: 66.29
Current: 44.51


During the past 13 years, the highest Gross Margin % of Riverview Rubber Estates Bhd was 66.29%. The lowest was 38.96%. And the median was 54.87%.

XKLS:2542's Gross Margin % is ranked better than
80.94% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs XKLS:2542: 44.51

Riverview Rubber Estates Bhd had a gross margin of 44.03% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Riverview Rubber Estates Bhd was 3.90% per year.


Riverview Rubber Estates Bhd Gross Margin % Historical Data

The historical data trend for Riverview Rubber Estates Bhd'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.

Riverview Rubber Estates Bhd Gross Margin % Chart

Riverview Rubber Estates Bhd 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 38.96 53.10 62.85 55.15 44.51

Riverview Rubber Estates Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 46.48 43.81 41.12 48.50 44.03

Competitive Comparison of Riverview Rubber Estates Bhd's Gross Margin %

For the Farm Products subindustry, Riverview Rubber Estates Bhd'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.


Riverview Rubber Estates Bhd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riverview Rubber Estates Bhd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Riverview Rubber Estates Bhd's Gross Margin % falls into.



Riverview Rubber Estates Bhd Gross Margin % Calculation

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

Riverview Rubber Estates Bhd'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 )
=15.3 / 34.427
=(Revenue - Cost of Goods Sold) / Revenue
=(34.427 - 19.103) / 34.427
=44.51 %

Riverview Rubber Estates Bhd'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 )
=3.6 / 8.169
=(Revenue - Cost of Goods Sold) / Revenue
=(8.169 - 4.572) / 8.169
=44.03 %

* 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.


Riverview Rubber Estates Bhd  (XKLS:2542) 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

Riverview Rubber Estates Bhd had a gross margin of 44.03% for the quarter that ended in Dec. 2023 => 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.


Riverview Rubber Estates Bhd Gross Margin % Related Terms

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Riverview Rubber Estates Bhd (XKLS:2542) Business Description

Traded in Other Exchanges
N/A
Address
Riverview Estate, Tanjung Tualang, MYS, 31800
Riverview Rubber Estates Bhd operates in the agricultural sector in Malaysia. It is engaged in the cultivation of oil palm, and sale of fresh fruit bunches of oil palm and other oil palm produce. The company operates through two segments, Plantations segment, which carries on the business of oil palm cultivation on its plantations in Peninsular Malaysia; and Other , which consist of an investment holding real estate company that develops and rents out its properties. The company majorly derives revenue from the Plantations segment. Geographically, the group operates in Malaysia and Australia.

Riverview Rubber Estates Bhd (XKLS:2542) Headlines

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