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RiceBran Technologies (RiceBran Technologies) Gross Margin % : 1.81% (As of Dec. 2023)


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What is RiceBran Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. RiceBran Technologies's Gross Profit for the three months ended in Dec. 2023 was $0.10 Mil. RiceBran Technologies's Revenue for the three months ended in Dec. 2023 was $5.68 Mil. Therefore, RiceBran Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 1.81%.


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

RIBT' s Gross Margin % Range Over the Past 10 Years
Min: -9.43   Med: 6.28   Max: 28.39
Current: -2.44


During the past 13 years, the highest Gross Margin % of RiceBran Technologies was 28.39%. The lowest was -9.43%. And the median was 6.28%.

RIBT's Gross Margin % is ranked worse than
96.52% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs RIBT: -2.44

RiceBran Technologies had a gross margin of 1.81% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for RiceBran Technologies was 0.00% per year.


RiceBran Technologies Gross Margin % Historical Data

The historical data trend for RiceBran Technologies'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.

RiceBran Technologies Gross Margin % Chart

RiceBran Technologies 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 -3.63 -9.43 1.42 -2.86 -1.81

RiceBran Technologies 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 2.96 -3.04 0.38 -9.88 1.81

Competitive Comparison of RiceBran Technologies's Gross Margin %

For the Packaged Foods subindustry, RiceBran Technologies'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.


RiceBran Technologies's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where RiceBran Technologies's Gross Margin % falls into.



RiceBran Technologies Gross Margin % Calculation

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

RiceBran Technologies'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 )
=-0.4 / 22.649
=(Revenue - Cost of Goods Sold) / Revenue
=(22.649 - 23.06) / 22.649
=-1.81 %

RiceBran Technologies'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 )
=0.1 / 5.679
=(Revenue - Cost of Goods Sold) / Revenue
=(5.679 - 5.576) / 5.679
=1.81 %

* 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.


RiceBran Technologies  (OTCPK:RIBT) 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

RiceBran Technologies had a gross margin of 1.81% 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.


RiceBran Technologies Gross Margin % Related Terms

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


RiceBran Technologies (RiceBran Technologies) Business Description

Traded in Other Exchanges
N/A
Address
25420 Kuykendahl Road, Suite B300, Tomball, TX, USA, 77375
RiceBran Technologies is a specialty ingredient company focused on the development, production, and marketing of products derived from traditional and ancient small grains. The company has proprietary and patented intellectual property that allows to convert rice bran, into a number of highly nutritious food, animal nutrition, and specialty ingredient products. Its existing and target customers are food and animal nutrition manufacturers, wholesalers and retailers, both domestically and internationally.
Executives
Eric Tompkins director, officer: Executive Chairman 25420 KUYKENDAHL ROAD, SUITE B300, TOMBALL TX 77375
William J Keneally officer: Interim CFO 28601 CHAGRIN BLVD., CLEVELAND OH 44122
Continental Grain Co 10 percent owner 767 FIFTH AVENUE, NEW YORK NY 10153
Jean Heggie director 25 ALGONQUIN WOOD PLACE, SAINT LOUIS MO 63122
William Black director 3828 BOUQUET RD, WILDWOOD MO 63069
David I. Chemerow director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N LAKE SHORE DRIVE, CHICAGO IL 60611
Todd T Mitchell officer: Executive Vice President 299 S. MAIN STREET, STE.2370, SALT LAKE CITY UT 84111
Brent David Rosenthal director C/O WR HUFF ASSET MANAGEMENT, 67 PARK PLACE, MORRISTOWN NJ 07960
Ari David Gendason director 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Peter Bradley director 777 E. WISCONSIN AVE., MILWAUKEE WI 53202
David Goldman director 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Beth L Bronner director 2928 RAMCO STREET, SUITE 120, C/O RICEBRAN TECHNOLOGIES, WEST SACRAMENTO CA 95691
Brent Robert Rystrom officer: CFO and EVP 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380
Baruch Halpern director C/O ION NETWORKS INC, 120 CORPORATE BLVD, S PLAINFIELD NJ 07080
Henk Hoogenkamp director 1330 LAKE ROBBINS DRIVE, SUITE 250, THE WOODLANDS TX 77380