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Douzone Bizon Co (XKRX:012510) Gross Margin % : 44.54% (As of Sep. 2024)


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What is Douzone Bizon Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Douzone Bizon Co's Gross Profit for the three months ended in Sep. 2024 was ₩43,219 Mil. Douzone Bizon Co's Revenue for the three months ended in Sep. 2024 was ₩97,036 Mil. Therefore, Douzone Bizon Co's Gross Margin % for the quarter that ended in Sep. 2024 was 44.54%.

Warning Sign:

Douzone Bizon Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -7.2%.


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

XKRX:012510' s Gross Margin % Range Over the Past 10 Years
Min: 39.41   Med: 55.63   Max: 59.38
Current: 44.97


During the past 13 years, the highest Gross Margin % of Douzone Bizon Co was 59.38%. The lowest was 39.41%. And the median was 55.63%.

XKRX:012510's Gross Margin % is ranked better than
54.51% of 2618 companies
in the Software industry
Industry Median: 41.435 vs XKRX:012510: 44.97

Douzone Bizon Co had a gross margin of 44.54% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Douzone Bizon Co was -7.20% per year.


Douzone Bizon Co Gross Margin % Historical Data

The historical data trend for Douzone Bizon 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.

Douzone Bizon Co Gross Margin % Chart

Douzone Bizon 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 56.83 55.25 44.66 39.41 43.21

Douzone Bizon 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 41.86 46.22 44.65 44.42 44.54

Competitive Comparison of Douzone Bizon Co's Gross Margin %

For the Software - Application subindustry, Douzone Bizon 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.


Douzone Bizon Co's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Douzone Bizon Co's Gross Margin % distribution charts can be found below:

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



Douzone Bizon Co Gross Margin % Calculation

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

Douzone Bizon 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 )
=152780.3 / 353562.627
=(Revenue - Cost of Goods Sold) / Revenue
=(353562.627 - 200782.369) / 353562.627
=43.21 %

Douzone Bizon 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 )
=43218.9 / 97036.467
=(Revenue - Cost of Goods Sold) / Revenue
=(97036.467 - 53817.562) / 97036.467
=44.54 %

* 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.


Douzone Bizon Co  (XKRX:012510) 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

Douzone Bizon Co had a gross margin of 44.54% for the quarter that ended in Sep. 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.


Douzone Bizon Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Douzone Bizon Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Douzone Bizon Co Business Description

Traded in Other Exchanges
N/A
Address
Road: 29, Euljiro-ro, Duzon Tower: 87 Euljiro, 1-ga, Chuncheon-si, Gangwon-do, KOR, 200-915
Douzone Bizon Co Ltd is a player in the software industry. Its major product is enterprise resource planning available in variants such as lite ERP, standard ERP, extended ERP and financial ERP, construction-use ERP and security solutions. It also caters to the banking industry with electronic banking software used for billing and taxation purposes.

Douzone Bizon Co Headlines

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