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Bikurey Hasade (Holdings) (XTAE:BKRY) Gross Margin % : 23.22% (As of Sep. 2024)


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What is Bikurey Hasade (Holdings) Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bikurey Hasade (Holdings)'s Gross Profit for the three months ended in Sep. 2024 was ₪142 Mil. Bikurey Hasade (Holdings)'s Revenue for the three months ended in Sep. 2024 was ₪612 Mil. Therefore, Bikurey Hasade (Holdings)'s Gross Margin % for the quarter that ended in Sep. 2024 was 23.22%.


The historical rank and industry rank for Bikurey Hasade (Holdings)'s Gross Margin % or its related term are showing as below:

XTAE:BKRY' s Gross Margin % Range Over the Past 10 Years
Min: 24.36   Med: 25.08   Max: 26.44
Current: 24.36


During the past 5 years, the highest Gross Margin % of Bikurey Hasade (Holdings) was 26.44%. The lowest was 24.36%. And the median was 25.08%.

XTAE:BKRY's Gross Margin % is ranked better than
55.84% of 308 companies
in the Retail - Defensive industry
Industry Median: 23.15 vs XTAE:BKRY: 24.36

Bikurey Hasade (Holdings) had a gross margin of 23.22% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bikurey Hasade (Holdings) was 0.00% per year.


Bikurey Hasade (Holdings) Gross Margin % Historical Data

The historical data trend for Bikurey Hasade (Holdings)'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.

Bikurey Hasade (Holdings) Gross Margin % Chart

Bikurey Hasade (Holdings) Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
26.44 24.52 24.92 25.08 25.53

Bikurey Hasade (Holdings) 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 24.91 25.32 23.48 25.69 23.22

Competitive Comparison of Bikurey Hasade (Holdings)'s Gross Margin %

For the Food Distribution subindustry, Bikurey Hasade (Holdings)'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.


Bikurey Hasade (Holdings)'s Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bikurey Hasade (Holdings)'s Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bikurey Hasade (Holdings)'s Gross Margin % falls into.



Bikurey Hasade (Holdings) Gross Margin % Calculation

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

Bikurey Hasade (Holdings)'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 )
=453.7 / 1777.272
=(Revenue - Cost of Goods Sold) / Revenue
=(1777.272 - 1323.541) / 1777.272
=25.53 %

Bikurey Hasade (Holdings)'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 )
=142.2 / 612.173
=(Revenue - Cost of Goods Sold) / Revenue
=(612.173 - 470.022) / 612.173
=23.22 %

* 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.


Bikurey Hasade (Holdings)  (XTAE:BKRY) 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

Bikurey Hasade (Holdings) had a gross margin of 23.22% for the quarter that ended in Sep. 2024 => 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.


Bikurey Hasade (Holdings) Gross Margin % Related Terms

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Bikurey Hasade (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Leon Schreiber 1, Kiryat Malachi, ISR, 8310902
Bikurey Hasade (Holdings) Ltd is engaged in growing, marketing, and distributing fresh vegetables and fruits. The products offered by the company include Fresh fruits and vegetables, Dried Fruit, and Organic produce among others.

Bikurey Hasade (Holdings) Headlines

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