Gross Margin % is calculated as gross profit divided by its revenue. DSG Global's Gross Profit for the
three
months ended in Jun. 2023 was $0.62 Mil. DSG Global's Revenue for the
three
months ended in Jun. 2023 was $1.02 Mil. Therefore, DSG Global's Gross Margin % for the quarter that ended in Jun. 2023 was 61.12%.
Warning Sign:
DSG Global Inc gross margin has been in long-term decline. The average rate of decline per year is -8.2%.
The historical rank and industry rank for DSG Global's Gross Margin % or its related term are showing as below:
DSGT'
s Gross Margin % Range Over the Past 10 Years
Min: 32.24 Med: 50.74 Max: 85.01
Current: 58.95
During the past 13 years, the highestGross Margin % of DSG Global was 85.01%. The lowest was 32.24%. And the median was 50.74%.
DSGT's Gross Margin % is not ranked
in the Hardware industry.
Industry Median: 24.37
vs DSGT: 58.95
DSG Global had a gross margin of 61.12% for the quarter that ended in Jun. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for DSG Global was -8.20% per year.
DSG Global Gross Margin % Historical Data
The historical data trend for DSG Global'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.
Competitive Comparison of DSG Global's Gross Margin %
For the Scientific & Technical Instruments subindustry, DSG Global'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.
DSG Global's Gross Margin % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, DSG Global's Gross Margin % distribution charts can be found below:
* The bar in red indicates where DSG Global's Gross Margin % falls into.
* 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.
DSG Global (OTCPK:DSGT) 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
DSG Global had a gross margin of 61.12% for the quarter that ended in Jun. 2023 => Durable 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.
DSG Global Gross Margin % Related Terms
Thank you for viewing the detailed overview of DSG Global's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
DSG Global Inc is a technology company that provides designing, manufacturing, and marketing of fleet management solutions for the golf industry, commercial, government, and military applications. The principal activities are the sale and rental of GPS tracking devices and interfaces for golf vehicles and support activities. Its products developed by the company can be sold and installed in golf facilities and also for commercial applications. The products include TAG Golf which can be used to monitor the pace of play, security, geo-fencing, TAG Turf which is used for fleet management and security capabilities. Other products include DSG TAG, ECO TAG, TAG Text, TAG Touch, TAG commercial, and TAG military.
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