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Rogers Sugar (TSX:RSI) Gross Margin % : 15.46% (As of Dec. 2023)


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What is Rogers Sugar Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rogers Sugar's Gross Profit for the three months ended in Dec. 2023 was C$45 Mil. Rogers Sugar's Revenue for the three months ended in Dec. 2023 was C$289 Mil. Therefore, Rogers Sugar's Gross Margin % for the quarter that ended in Dec. 2023 was 15.46%.

Warning Sign:

Rogers Sugar Inc gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


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

TSX:RSI' s Gross Margin % Range Over the Past 10 Years
Min: 11.33   Med: 15.22   Max: 22.72
Current: 14.95


During the past 13 years, the highest Gross Margin % of Rogers Sugar was 22.72%. The lowest was 11.33%. And the median was 15.22%.

TSX:RSI's Gross Margin % is ranked worse than
72.8% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs TSX:RSI: 14.95

Rogers Sugar had a gross margin of 15.46% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Rogers Sugar was -2.40% per year.


Rogers Sugar Gross Margin % Historical Data

The historical data trend for Rogers Sugar'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.

Rogers Sugar Gross Margin % Chart

Rogers Sugar Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.43 14.66 15.63 13.00 15.00

Rogers Sugar 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 15.76 15.26 15.89 13.37 15.46

Competitive Comparison of Rogers Sugar's Gross Margin %

For the Confectioners subindustry, Rogers Sugar'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.


Rogers Sugar's Gross Margin % Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Rogers Sugar's Gross Margin % falls into.



Rogers Sugar Gross Margin % Calculation

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

Rogers Sugar's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=165.7 / 1104.713
=(Revenue - Cost of Goods Sold) / Revenue
=(1104.713 - 938.987) / 1104.713
=15.00 %

Rogers Sugar'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 )
=44.6 / 288.699
=(Revenue - Cost of Goods Sold) / Revenue
=(288.699 - 244.055) / 288.699
=15.46 %

* 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.


Rogers Sugar  (TSX:RSI) 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

Rogers Sugar had a gross margin of 15.46% 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.


Rogers Sugar Gross Margin % Related Terms

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


Rogers Sugar (TSX:RSI) Business Description

Traded in Other Exchanges
Address
123 Rogers Street, Vancouver, BC, CAN, V6B 3V2
Rogers Sugar Inc is a Canada-based sugar-producing company. The company along with its subsidiaries is principally engaged in refining, packaging, and marketing sugar products. The products offered by the company include Brown sugar, Yellow sugar, Icing sugar and other related sugar products. It operates in the following reportable segments: Sugar and Maple products, of which the majority of the revenue comes from sugar products. Its geographical segments include Canada, which is the key revenue generator; the United States; Europe; and others.