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Cakovecki Mlinovi DD (ZAG:CKML) Gross Margin % : 21.92% (As of Dec. 2023)


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What is Cakovecki Mlinovi DD Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cakovecki Mlinovi DD's Gross Profit for the three months ended in Dec. 2023 was €7.2 Mil. Cakovecki Mlinovi DD's Revenue for the three months ended in Dec. 2023 was €32.6 Mil. Therefore, Cakovecki Mlinovi DD's Gross Margin % for the quarter that ended in Dec. 2023 was 21.92%.


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

ZAG:CKML' s Gross Margin % Range Over the Past 10 Years
Min: 20.95   Med: 22.34   Max: 27.22
Current: 27.22


During the past 13 years, the highest Gross Margin % of Cakovecki Mlinovi DD was 27.22%. The lowest was 20.95%. And the median was 22.34%.

ZAG:CKML's Gross Margin % is ranked better than
54.81% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.19 vs ZAG:CKML: 27.22

Cakovecki Mlinovi DD had a gross margin of 21.92% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Cakovecki Mlinovi DD was 4.00% per year.


Cakovecki Mlinovi DD Gross Margin % Historical Data

The historical data trend for Cakovecki Mlinovi DD'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.

Cakovecki Mlinovi DD Gross Margin % Chart

Cakovecki Mlinovi DD 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 22.12 22.65 21.86 25.91 27.22

Cakovecki Mlinovi DD 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 17.63 26.02 28.51 29.44 21.92

Competitive Comparison of Cakovecki Mlinovi DD's Gross Margin %

For the Packaged Foods subindustry, Cakovecki Mlinovi DD'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.


Cakovecki Mlinovi DD's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cakovecki Mlinovi DD's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cakovecki Mlinovi DD's Gross Margin % falls into.



Cakovecki Mlinovi DD Gross Margin % Calculation

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

Cakovecki Mlinovi DD'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 )
=52.5 / 192.771
=(Revenue - Cost of Goods Sold) / Revenue
=(192.771 - 140.302) / 192.771
=27.22 %

Cakovecki Mlinovi DD'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 )
=7.2 / 32.618
=(Revenue - Cost of Goods Sold) / Revenue
=(32.618 - 25.468) / 32.618
=21.92 %

* 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.


Cakovecki Mlinovi DD  (ZAG:CKML) 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

Cakovecki Mlinovi DD had a gross margin of 21.92% 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.


Cakovecki Mlinovi DD Gross Margin % Related Terms

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


Cakovecki Mlinovi DD (ZAG:CKML) Business Description

Traded in Other Exchanges
N/A
Address
Mlinska 1, Cakovec, HRV, 40000
Cakovecki Mlinovi DD is engaged in production and trade of food products. The company's activity includes milling, bakery, and pumpkin oil production. Some of its products are frozen puff pastry, tea biscuits, steamed white bread, wheat white bread, mini pizza, chocolate croissant, walnut loaf cake, cheese cornbread, and others.

Cakovecki Mlinovi DD (ZAG:CKML) Headlines

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