GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Alkim Alkali Kimya AS (IST:ALKIM) » Definitions » Gross Margin %

Alkim Alkali Kimya AS (IST:ALKIM) Gross Margin % : 10.92% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Alkim Alkali Kimya AS Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Alkim Alkali Kimya AS's Gross Profit for the three months ended in Dec. 2023 was ₺184 Mil. Alkim Alkali Kimya AS's Revenue for the three months ended in Dec. 2023 was ₺1,680 Mil. Therefore, Alkim Alkali Kimya AS's Gross Margin % for the quarter that ended in Dec. 2023 was 10.92%.

Warning Sign:

Alkim Alkali Kimya AS gross margin has been in long-term decline. The average rate of decline per year is -6.4%.


The historical rank and industry rank for Alkim Alkali Kimya AS's Gross Margin % or its related term are showing as below:

IST:ALKIM' s Gross Margin % Range Over the Past 10 Years
Min: 19.79   Med: 27.6   Max: 33.95
Current: 19.79


During the past 13 years, the highest Gross Margin % of Alkim Alkali Kimya AS was 33.95%. The lowest was 19.79%. And the median was 27.60%.

IST:ALKIM's Gross Margin % is ranked worse than
50.53% of 283 companies
in the Forest Products industry
Industry Median: 19.84 vs IST:ALKIM: 19.79

Alkim Alkali Kimya AS had a gross margin of 10.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Alkim Alkali Kimya AS was -6.40% per year.


Alkim Alkali Kimya AS Gross Margin % Historical Data

The historical data trend for Alkim Alkali Kimya 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.

Alkim Alkali Kimya AS Gross Margin % Chart

Alkim Alkali Kimya AS 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 29.08 33.95 27.74 25.45 19.79

Alkim Alkali Kimya AS 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 20.78 20.05 22.81 32.74 10.92

Competitive Comparison of Alkim Alkali Kimya AS's Gross Margin %

For the Paper & Paper Products subindustry, Alkim Alkali Kimya 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.


Alkim Alkali Kimya AS's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Alkim Alkali Kimya AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Alkim Alkali Kimya AS's Gross Margin % falls into.



Alkim Alkali Kimya AS Gross Margin % Calculation

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

Alkim Alkali Kimya AS'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 )
=796.6 / 4026.322
=(Revenue - Cost of Goods Sold) / Revenue
=(4026.322 - 3229.702) / 4026.322
=19.79 %

Alkim Alkali Kimya AS'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 )
=183.5 / 1680.008
=(Revenue - Cost of Goods Sold) / Revenue
=(1680.008 - 1496.502) / 1680.008
=10.92 %

* 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.


Alkim Alkali Kimya AS  (IST:ALKIM) 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

Alkim Alkali Kimya AS had a gross margin of 10.92% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


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.


Alkim Alkali Kimya AS Gross Margin % Related Terms

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


Alkim Alkali Kimya AS (IST:ALKIM) Business Description

Traded in Other Exchanges
N/A
Address
Inonu Caddesi No:13, Taksim, Istanbul, TUR, 34437
Alkim Alkali Kimya AS is a Turkey-based company engaged in the paper and chemical business activity. The business segments of the group are Chemical products which involves the production and sales of Sodium Sulphate and derivatives; Paper segment covering production and sales of paper products and Other operations segment. It derives key revenue from the Paper segment.

Alkim Alkali Kimya AS (IST:ALKIM) Headlines

No Headlines