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Associated Commercial Co (XMAU:ACC) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Associated Commercial Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Associated Commercial Co's Gross Profit for the three months ended in Dec. 2023 was MUR109.3 Mil. Associated Commercial Co's Revenue for the three months ended in Dec. 2023 was MUR109.3 Mil. Therefore, Associated Commercial Co's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


XMAU:ACC's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.77
* Ranked among companies with meaningful Gross Margin % only.

Associated Commercial Co had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Associated Commercial Co was 0.00% per year.


Associated Commercial Co Gross Margin % Historical Data

The historical data trend for Associated Commercial 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.

Associated Commercial Co Gross Margin % Chart

Associated Commercial Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Margin %
- - - -

Associated Commercial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 - - - - -

Competitive Comparison of Associated Commercial Co's Gross Margin %

For the Auto Parts subindustry, Associated Commercial 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.


Associated Commercial Co's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Associated Commercial Co's Gross Margin % distribution charts can be found below:

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



Associated Commercial Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Associated Commercial Co's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=485.6 / 485.602
=(Revenue - Cost of Goods Sold) / Revenue
=(485.602 - 0) / 485.602
=N/A %

Associated Commercial 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 )
=109.3 / 109.338
=(Revenue - Cost of Goods Sold) / Revenue
=(109.338 - 0) / 109.338
=N/A %

* 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.


Associated Commercial Co  (XMAU:ACC) 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

Associated Commercial Co had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable 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.


Associated Commercial Co Gross Margin % Related Terms

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Associated Commercial Co (XMAU:ACC) Business Description

Traded in Other Exchanges
N/A
Address
C/o United Bus Service Ltd., Les Cassis, Port Louis, MUS
Associated Commercial Co Ltd is a dealer of motor vehicles, spare parts, new tyres and accessories. The principal activity of the company is the import and distribution tyres, tubes, flaps and spare parts for commercial vehicles. The company's reportable segments are Vehicles, Batteries and Lubricants, Spare Parts and Tyres. The company generates majority of its revenue from Tyres segment.

Associated Commercial Co (XMAU:ACC) Headlines

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