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Impala Platinum Holdings (Impala Platinum Holdings) Gross Margin % : 7.91% (As of Dec. 2023)


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What is Impala Platinum Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Impala Platinum Holdings's Gross Profit for the six months ended in Dec. 2023 was $184 Mil. Impala Platinum Holdings's Revenue for the six months ended in Dec. 2023 was $2,331 Mil. Therefore, Impala Platinum Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 7.91%.


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

IMPUY' s Gross Margin % Range Over the Past 10 Years
Min: -1.44   Med: 12.62   Max: 41.25
Current: 9.3


During the past 13 years, the highest Gross Margin % of Impala Platinum Holdings was 41.25%. The lowest was -1.44%. And the median was 12.62%.

IMPUY's Gross Margin % is ranked worse than
72.24% of 706 companies
in the Metals & Mining industry
Industry Median: 19.45 vs IMPUY: 9.30

Impala Platinum Holdings had a gross margin of 7.91% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Impala Platinum Holdings was 42.50% per year.


Impala Platinum Holdings Gross Margin % Historical Data

The historical data trend for Impala Platinum Holdings'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.

Impala Platinum Holdings Gross Margin % Chart

Impala Platinum Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.06 33.32 41.25 34.89 20.96

Impala Platinum Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 32.26 37.22 29.75 10.54 7.91

Competitive Comparison of Impala Platinum Holdings's Gross Margin %

For the Other Precious Metals & Mining subindustry, Impala Platinum Holdings'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.


Impala Platinum Holdings's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Impala Platinum Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Impala Platinum Holdings's Gross Margin % falls into.



Impala Platinum Holdings Gross Margin % Calculation

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

Impala Platinum Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1191.7 / 5686.59
=(Revenue - Cost of Goods Sold) / Revenue
=(5686.59 - 4494.9) / 5686.59
=20.96 %

Impala Platinum Holdings'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 )
=184.4 / 2330.568
=(Revenue - Cost of Goods Sold) / Revenue
=(2330.568 - 2146.216) / 2330.568
=7.91 %

* 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.


Impala Platinum Holdings  (OTCPK:IMPUY) 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

Impala Platinum Holdings had a gross margin of 7.91% 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.


Impala Platinum Holdings Gross Margin % Related Terms

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


Impala Platinum Holdings (Impala Platinum Holdings) Business Description

Traded in Other Exchanges
Address
2 Fricker Road, Illovo, Johannesburg, GT, ZAF, 2196
Impala Platinum Holdings Ltd is one of the world's largest producers of platinum and associated platinum group metals, including palladium and rhodium. The company is structured with five main operations located in Impala, Zimplats, Marula, Mimosa, and Two Rivers. Impala is the group's main operational unit and is situated on the Impala lease area on the western limb of Bushveld, east of Johannesburg in South Africa, and is one of the largest platinum-group-metal-bearing ore bodies in the world. The Impala operation comprises a 10-shaft mining complex and concentrating and smelting plants.

Impala Platinum Holdings (Impala Platinum Holdings) Headlines

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