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Vina Concha Y Toro (XSGO:CONCHATORO) Gross Margin % : 37.85% (As of Dec. 2023)


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What is Vina Concha Y Toro Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vina Concha Y Toro's Gross Profit for the three months ended in Dec. 2023 was CLP98,178 Mil. Vina Concha Y Toro's Revenue for the three months ended in Dec. 2023 was CLP259,381 Mil. Therefore, Vina Concha Y Toro's Gross Margin % for the quarter that ended in Dec. 2023 was 37.85%.


The historical rank and industry rank for Vina Concha Y Toro's Gross Margin % or its related term are showing as below:

XSGO:CONCHATORO' s Gross Margin % Range Over the Past 10 Years
Min: 32.83   Med: 37.61   Max: 40.03
Current: 36.96


During the past 13 years, the highest Gross Margin % of Vina Concha Y Toro was 40.03%. The lowest was 32.83%. And the median was 37.61%.

XSGO:CONCHATORO's Gross Margin % is ranked worse than
56.52% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 38.78 vs XSGO:CONCHATORO: 36.96

Vina Concha Y Toro had a gross margin of 37.85% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Vina Concha Y Toro was 2.10% per year.


Vina Concha Y Toro Gross Margin % Historical Data

The historical data trend for Vina Concha Y Toro'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.

Vina Concha Y Toro Gross Margin % Chart

Vina Concha Y Toro 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 36.74 40.03 40.03 39.25 36.96

Vina Concha Y Toro 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 38.60 36.64 36.22 36.82 37.85

Competitive Comparison of Vina Concha Y Toro's Gross Margin %

For the Beverages - Wineries & Distilleries subindustry, Vina Concha Y Toro'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.


Vina Concha Y Toro's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vina Concha Y Toro's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vina Concha Y Toro's Gross Margin % falls into.



Vina Concha Y Toro Gross Margin % Calculation

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

Vina Concha Y Toro'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 )
=309430.8 / 837213.197
=(Revenue - Cost of Goods Sold) / Revenue
=(837213.197 - 527782.376) / 837213.197
=36.96 %

Vina Concha Y Toro'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 )
=98178.3 / 259381.258
=(Revenue - Cost of Goods Sold) / Revenue
=(259381.258 - 161202.91) / 259381.258
=37.85 %

* 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.


Vina Concha Y Toro  (XSGO:CONCHATORO) 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

Vina Concha Y Toro had a gross margin of 37.85% 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.


Vina Concha Y Toro Gross Margin % Related Terms

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


Vina Concha Y Toro (XSGO:CONCHATORO) Business Description

Traded in Other Exchanges
N/A
Address
Avda. Nueva Tajamar 481 of 1401, Casilla 213, Postal Box No. 213, Torre Norte, Floor 15, Las Condes, Santiago, CHL
Vina Concha Y Toro SA produces and sells wine. The company sells wine in categories ranging from the lower-end to ultra-premium, with brands such as Don Melchor, Carmin de Peumo, Gravas del Maipo, Amelia, Terrunyo, Casillero del Diablo, Trio, and Late Harvest. Concha y Toro produces most of its wine in Chile, where it owns and operates vineyards in Chile's nine principal wine growing regions. Most of the company's sales are exported, with principal markets including Europe, USA, South America, Asia, Canada, Central America, Africa and Other.

Vina Concha Y Toro (XSGO:CONCHATORO) Headlines

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