Top Shelf International Holdings (ASX:TSI) Gross Margin % : 29.38% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Top Shelf International Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Top Shelf International Holdings's Gross Profit for the six months ended in Dec. 2023 was A$4.47 Mil. Top Shelf International Holdings's Revenue for the six months ended in Dec. 2023 was A$15.23 Mil. Therefore, Top Shelf International Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 29.38%.

The historical rank and industry rank for Top Shelf International Holdings's Gross Margin % or its related term are showing as below:

ASX:TSI' s Gross Margin % Range Over the Past 10 Years
Min: 14.23 Med: 24.21 Max: 54.87
Current: 14.23

During the past 4 years, the highest Gross Margin % of Top Shelf International Holdings was 54.87%. The lowest was 14.23%. And the median was 24.21%.

ASX:TSI's Gross Margin % is ranked worse than
93.27% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 38.895 vs ASX:TSI: 14.23

Top Shelf International Holdings had a gross margin of 29.38% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Top Shelf International Holdings was 0.00% per year.

Top Shelf International Holdings Gross Margin % Historical Data

The historical data trend for Top Shelf International 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.

Top Shelf International Holdings Gross Margin % Chart

Top Shelf International Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Gross Margin %

54.87

24.21

22.07

Top Shelf International Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial			47.74	4.84	44.62	-3.73	29.38

Competitive Comparison of Top Shelf International Holdings's Gross Margin %

For the Beverages - Brewers subindustry, Top Shelf International 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.

Top Shelf International Holdings's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf International Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Top Shelf International Holdings's Gross Margin % falls into.

Top Shelf International Holdings Gross Margin % Calculation

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

Top Shelf International Holdings'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 )
	=	6.1	/	27.547
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(27.547 - 21.467)	/	27.547
	=	22.07 %

Top Shelf International Holdings'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 )
	=	4.5	/	15.226
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(15.226 - 10.753)	/	15.226
	=	29.38 %

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.

Top Shelf International Holdings (ASX:TSI) 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

Top Shelf International Holdings had a gross margin of 29.38% 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.

Top Shelf International Holdings Gross Margin % Related Terms

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

Top Shelf International Holdings (ASX:TSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Top Shelf International Holdings Ltd (ASX:TSI) » Definitions » Gross Margin %

Traded in Other Exchanges

N/A

Address

16-18 National Boulevard, Campbellfield, VIC, AUS, 3061

Website

https://www.topshelfgroup.com.au

Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.