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YourWay Cannabis Brands (YourWay Cannabis Brands) Gross Margin % : 24.05% (As of Sep. 2021)


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What is YourWay Cannabis Brands Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. YourWay Cannabis Brands's Gross Profit for the three months ended in Sep. 2021 was $3.48 Mil. YourWay Cannabis Brands's Revenue for the three months ended in Sep. 2021 was $14.49 Mil. Therefore, YourWay Cannabis Brands's Gross Margin % for the quarter that ended in Sep. 2021 was 24.05%.


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


YOURF's Gross Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 47
* Ranked among companies with meaningful Gross Margin % only.

YourWay Cannabis Brands had a gross margin of 24.05% for the quarter that ended in Sep. 2021 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for YourWay Cannabis Brands was 0.00% per year.


YourWay Cannabis Brands Gross Margin % Historical Data

The historical data trend for YourWay Cannabis Brands'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.

YourWay Cannabis Brands Gross Margin % Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Gross Margin %
-16.30 10.24

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Gross Margin % Get a 7-Day Free Trial Premium Member Only 14.62 4.43 15.59 24.60 24.05

Competitive Comparison of YourWay Cannabis Brands's Gross Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis Brands'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.


YourWay Cannabis Brands's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, YourWay Cannabis Brands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where YourWay Cannabis Brands's Gross Margin % falls into.



YourWay Cannabis Brands Gross Margin % Calculation

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

YourWay Cannabis Brands's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=3.1 / 30.576
=(Revenue - Cost of Goods Sold) / Revenue
=(30.576 - 27.446) / 30.576
=10.24 %

YourWay Cannabis Brands's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=3.5 / 14.489
=(Revenue - Cost of Goods Sold) / Revenue
=(14.489 - 11.005) / 14.489
=24.05 %

* 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.


YourWay Cannabis Brands  (OTCPK:YOURF) 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

YourWay Cannabis Brands had a gross margin of 24.05% for the quarter that ended in Sep. 2021 => 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.


YourWay Cannabis Brands Gross Margin % Related Terms

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YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Traded in Other Exchanges
N/A
Address
885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.

YourWay Cannabis Brands (YourWay Cannabis Brands) Headlines