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Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Gross Margin % : 14.72% (As of Dec. 2023)


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What is Chemtrade Logisticsome Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Chemtrade Logisticsome Fund's Gross Profit for the three months ended in Dec. 2023 was $46 Mil. Chemtrade Logisticsome Fund's Revenue for the three months ended in Dec. 2023 was $315 Mil. Therefore, Chemtrade Logisticsome Fund's Gross Margin % for the quarter that ended in Dec. 2023 was 14.72%.


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

CGIFF' s Gross Margin % Range Over the Past 10 Years
Min: -0.28   Med: 7.04   Max: 22.78
Current: 22.78


During the past 13 years, the highest Gross Margin % of Chemtrade Logisticsome Fund was 22.78%. The lowest was -0.28%. And the median was 7.04%.

CGIFF's Gross Margin % is ranked better than
51.39% of 1510 companies
in the Chemicals industry
Industry Median: 22.32 vs CGIFF: 22.78

Chemtrade Logisticsome Fund had a gross margin of 14.72% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Chemtrade Logisticsome Fund was 0.00% per year.


Chemtrade Logisticsome Fund Gross Margin % Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Gross Margin % Chart

Chemtrade Logisticsome Fund 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 6.35 2.44 -0.28 18.56 22.78

Chemtrade Logisticsome Fund 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 15.02 23.31 25.53 26.61 14.72

Competitive Comparison of Chemtrade Logisticsome Fund's Gross Margin %

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.


Chemtrade Logisticsome Fund's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtrade Logisticsome Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Chemtrade Logisticsome Fund's Gross Margin % falls into.



Chemtrade Logisticsome Fund Gross Margin % Calculation

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

Chemtrade Logisticsome Fund'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 )
=313.5 / 1376.54
=(Revenue - Cost of Goods Sold) / Revenue
=(1376.54 - 1062.999) / 1376.54
=22.78 %

Chemtrade Logisticsome Fund'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 )
=46.3 / 314.562
=(Revenue - Cost of Goods Sold) / Revenue
=(314.562 - 268.246) / 314.562
=14.72 %

* 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.


Chemtrade Logisticsome Fund  (OTCPK:CGIFF) 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

Chemtrade Logisticsome Fund had a gross margin of 14.72% 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.


Chemtrade Logisticsome Fund Gross Margin % Related Terms

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


Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Traded in Other Exchanges
Address
155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.