GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PZ Cussons Nigeria PLC (NSA:PZ) » Definitions » Gross Margin %

PZ Cussons Nigeria (NSA:PZ) Gross Margin %

: 32.14% (As of Nov. 2023)
View and export this data going back to . Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. PZ Cussons Nigeria's Gross Profit for the six months ended in Nov. 2023 was ₦21,885.40 Mil. PZ Cussons Nigeria's Revenue for the six months ended in Nov. 2023 was ₦68,085.58 Mil. Therefore, PZ Cussons Nigeria's Gross Margin % for the quarter that ended in Nov. 2023 was 32.14%.


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

NSA:PZ' s Gross Margin % Range Over the Past 10 Years
Min: 12.94   Med: 28.44   Max: 2281.77
Current: 2281.77


During the past 13 years, the highest Gross Margin % of PZ Cussons Nigeria was 2281.77%. The lowest was 12.94%. And the median was 28.44%.

NSA:PZ's Gross Margin % is ranked better than
99.89% of 1806 companies
in the Consumer Packaged Goods industry
Industry Median: 24.91 vs NSA:PZ: 2281.77

PZ Cussons Nigeria had a gross margin of 32.14% for the quarter that ended in Nov. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for PZ Cussons Nigeria was 3.00% per year.


PZ Cussons Nigeria Gross Margin % Historical Data

The historical data trend for PZ Cussons Nigeria'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.

PZ Cussons Nigeria Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.01 12.94 39.27 24.42 28.91

PZ Cussons Nigeria Semi-Annual Data
Nov13 May14 Nov14 May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only 38.74 63.39 36.00 47.80 32.14

Competitive Comparison

For the Household & Personal Products subindustry, PZ Cussons Nigeria'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.


PZ Cussons Nigeria Gross Margin % Distribution

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

* The bar in red indicates where PZ Cussons Nigeria's Gross Margin % falls into.



PZ Cussons Nigeria Gross Margin % Calculation

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

PZ Cussons Nigeria's Gross Margin for the fiscal year that ended in May. 2023 is calculated as

Gross Margin % (A: May. 2023 )=Gross Profit (A: May. 2023 ) / Revenue (A: May. 2023 )
=32948.4 / 113964.309
=(Revenue - Cost of Goods Sold) / Revenue
=(113964.309 - 81015.877) / 113964.309
=28.91 %

PZ Cussons Nigeria's Gross Margin for the quarter that ended in Nov. 2023 is calculated as


Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=21885.4 / 68085.578
=(Revenue - Cost of Goods Sold) / Revenue
=(68085.578 - 46200.183) / 68085.578
=32.14 %

* 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.


PZ Cussons Nigeria  (NSA:PZ) 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

PZ Cussons Nigeria had a gross margin of 32.14% for the quarter that ended in Nov. 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.


PZ Cussons Nigeria Gross Margin % Related Terms

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


PZ Cussons Nigeria (NSA:PZ) Business Description

Traded in Other Exchanges
N/A
Address
3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.

PZ Cussons Nigeria (NSA:PZ) Headlines

No Headlines