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Uracle Co (XKRX:088340) Gross Margin % : 26.69% (As of Dec. 2023)


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What is Uracle Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Uracle Co's Gross Profit for the six months ended in Dec. 2023 was ₩12,210 Mil. Uracle Co's Revenue for the six months ended in Dec. 2023 was ₩45,746 Mil. Therefore, Uracle Co's Gross Margin % for the quarter that ended in Dec. 2023 was 26.69%.


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

XKRX:088340' s Gross Margin % Range Over the Past 10 Years
Min: 21.33   Med: 24.43   Max: 32.73
Current: 26.69


During the past 10 years, the highest Gross Margin % of Uracle Co was 32.73%. The lowest was 21.33%. And the median was 24.43%.

XKRX:088340's Gross Margin % is ranked worse than
69.86% of 2618 companies
in the Software industry
Industry Median: 41.435 vs XKRX:088340: 26.69

Uracle Co had a gross margin of 26.69% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Uracle Co was 2.40% per year.


Uracle Co Gross Margin % Historical Data

The historical data trend for Uracle 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.

Uracle Co Gross Margin % Chart

Uracle 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 25.47 21.33 23.20 23.39 26.69

Uracle Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.47 21.33 23.20 23.39 26.69

Competitive Comparison of Uracle Co's Gross Margin %

For the Software - Application subindustry, Uracle 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.


Uracle Co's Gross Margin % Distribution in the Software Industry

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

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



Uracle Co Gross Margin % Calculation

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

Uracle 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 )
=12209.9 / 45745.957
=(Revenue - Cost of Goods Sold) / Revenue
=(45745.957 - 33536.036) / 45745.957
=26.69 %

Uracle Co'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 )
=12209.9 / 45745.957
=(Revenue - Cost of Goods Sold) / Revenue
=(45745.957 - 33536.036) / 45745.957
=26.69 %

* 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.


Uracle Co  (XKRX:088340) 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

Uracle Co had a gross margin of 26.69% for the quarter that ended in Dec. 2023 => 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.


Uracle Co Gross Margin % Related Terms

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


Uracle Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
33, Bongeunsa-ro 108-gil, Gangnam-gu, Seoul, KOR
Uracle Co Ltd provides a cross-platform development framework for the development of mobile and web applications.

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