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Bri-Chem (Bri-Chem) Gross Margin %

: 15.94% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Bri-Chem's Gross Profit for the three months ended in Dec. 2023 was $3.18 Mil. Bri-Chem's Revenue for the three months ended in Dec. 2023 was $19.96 Mil. Therefore, Bri-Chem's Gross Margin % for the quarter that ended in Dec. 2023 was 15.94%.


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

BRYFF' s Gross Margin % Range Over the Past 10 Years
Min: 13.54   Med: 17.7   Max: 20.27
Current: 17.66


During the past 13 years, the highest Gross Margin % of Bri-Chem was 20.27%. The lowest was 13.54%. And the median was 17.70%.

BRYFF's Gross Margin % is ranked worse than
63.42% of 924 companies
in the Oil & Gas industry
Industry Median: 27.905 vs BRYFF: 17.66

Bri-Chem had a gross margin of 15.94% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bri-Chem was 5.60% per year.


Bri-Chem Gross Margin % Historical Data

The historical data trend for Bri-Chem'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.

Bri-Chem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.89 16.24 20.27 20.18 17.66

Bri-Chem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 21.07 16.70 19.93 18.24 15.94

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Bri-Chem'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.


Bri-Chem Gross Margin % Distribution

For the Oil & Gas industry and Energy sector, Bri-Chem's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bri-Chem's Gross Margin % falls into.



Bri-Chem Gross Margin % Calculation

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

Bri-Chem'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 )
=14 / 79.036
=(Revenue - Cost of Goods Sold) / Revenue
=(79.036 - 65.075) / 79.036
=17.66 %

Bri-Chem'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 )
=3.2 / 19.958
=(Revenue - Cost of Goods Sold) / Revenue
=(19.958 - 16.777) / 19.958
=15.94 %

* 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.


Bri-Chem  (OTCPK:BRYFF) 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

Bri-Chem had a gross margin of 15.94% 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.


Bri-Chem Gross Margin % Related Terms

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


Bri-Chem (Bri-Chem) Business Description

Traded in Other Exchanges
Address
27075 Acheson Road, Acheson, AB, CAN, T7X 6B1
Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. The Other segment represents insignificant segments and all remaining costs not directly attributable to an operating segment, such as corporate overhead. A majority of its revenue is derived from the distribution of fluids in the United States of America.

Bri-Chem (Bri-Chem) Headlines

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Bri-Chem Announces 2018 Second Quarter Financial Results

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Bri-Chem Announces 2019 Second Quarter Financial Results

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Bri-Chem Announces 2019 First Quarter Financial Results Conference Call

By GlobeNewswire GlobeNewswire 05-10-2019