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Dogus Otomotiv Servis Ve Tic AS (Dogus Otomotiv Servis Ve Tic AS) Gross Margin % : 22.79% (As of Sep. 2023)


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What is Dogus Otomotiv Servis Ve Tic AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dogus Otomotiv Servis Ve Tic AS's Gross Profit for the three months ended in Sep. 2023 was $304 Mil. Dogus Otomotiv Servis Ve Tic AS's Revenue for the three months ended in Sep. 2023 was $1,335 Mil. Therefore, Dogus Otomotiv Servis Ve Tic AS's Gross Margin % for the quarter that ended in Sep. 2023 was 22.79%.


The historical rank and industry rank for Dogus Otomotiv Servis Ve Tic AS's Gross Margin % or its related term are showing as below:

DOMVF' s Gross Margin % Range Over the Past 10 Years
Min: 9.67   Med: 11.76   Max: 23.44
Current: 23.44


During the past 13 years, the highest Gross Margin % of Dogus Otomotiv Servis Ve Tic AS was 23.44%. The lowest was 9.67%. And the median was 11.76%.

DOMVF's Gross Margin % is ranked better than
63.22% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs DOMVF: 23.44

Dogus Otomotiv Servis Ve Tic AS had a gross margin of 22.79% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dogus Otomotiv Servis Ve Tic AS was 14.30% per year.


Dogus Otomotiv Servis Ve Tic AS Gross Margin % Historical Data

The historical data trend for Dogus Otomotiv Servis Ve Tic AS'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.

Dogus Otomotiv Servis Ve Tic AS Gross Margin % Chart

Dogus Otomotiv Servis Ve Tic AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.17 12.90 13.10 14.49 22.50

Dogus Otomotiv Servis Ve Tic AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 23.61 23.30 23.36 24.43 22.79

Competitive Comparison of Dogus Otomotiv Servis Ve Tic AS's Gross Margin %

For the Auto & Truck Dealerships subindustry, Dogus Otomotiv Servis Ve Tic AS'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.


Dogus Otomotiv Servis Ve Tic AS's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dogus Otomotiv Servis Ve Tic AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dogus Otomotiv Servis Ve Tic AS's Gross Margin % falls into.



Dogus Otomotiv Servis Ve Tic AS Gross Margin % Calculation

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

Dogus Otomotiv Servis Ve Tic AS's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=564.2 / 2507.398
=(Revenue - Cost of Goods Sold) / Revenue
=(2507.398 - 1943.217) / 2507.398
=22.50 %

Dogus Otomotiv Servis Ve Tic AS's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=304.3 / 1335.408
=(Revenue - Cost of Goods Sold) / Revenue
=(1335.408 - 1031.114) / 1335.408
=22.79 %

* 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.


Dogus Otomotiv Servis Ve Tic AS  (OTCPK:DOMVF) 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

Dogus Otomotiv Servis Ve Tic AS had a gross margin of 22.79% for the quarter that ended in Sep. 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.


Dogus Otomotiv Servis Ve Tic AS Gross Margin % Related Terms

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Dogus Otomotiv Servis Ve Tic AS (Dogus Otomotiv Servis Ve Tic AS) Business Description

Traded in Other Exchanges
Address
Maslak Mahallesi, Ahi Evran Caddesi, Dogus Center Maslak, Number 4, IC Kapi Number 13, Sariyer, Istanbul, TUR
Dogus Otomotiv Servis Ve Tic AS is a Turkey-based distributor of Volkswagen AG and its activities include importing, marketing and selling automobiles and spare parts of Volkswagen Group brands. The company also operates in the used car market across Turkey throughout its dealer network.

Dogus Otomotiv Servis Ve Tic AS (Dogus Otomotiv Servis Ve Tic AS) Headlines

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