Decisive Dividend (TSXV:DE) Gross Margin % : 38.68% (As of Dec. 2023)

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What is Decisive Dividend Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Decisive Dividend's Gross Profit for the three months ended in Dec. 2023 was C$13.8 Mil. Decisive Dividend's Revenue for the three months ended in Dec. 2023 was C$35.7 Mil. Therefore, Decisive Dividend's Gross Margin % for the quarter that ended in Dec. 2023 was 38.68%.

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

TSXV:DE' s Gross Margin % Range Over the Past 10 Years
Min: 33.32 Med: 38.02 Max: 44.52
Current: 39.12

During the past 12 years, the highest Gross Margin % of Decisive Dividend was 44.52%. The lowest was 33.32%. And the median was 38.02%.

TSXV:DE's Gross Margin % is ranked better than
75.21% of 480 companies
in the Conglomerates industry
Industry Median: 25.03 vs TSXV:DE: 39.12

Decisive Dividend had a gross margin of 38.68% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Decisive Dividend was 0.40% per year.

Decisive Dividend Gross Margin % Historical Data

The historical data trend for Decisive Dividend'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.

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Decisive Dividend Gross Margin % Chart

Decisive Dividend Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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37.11

38.02

34.21

33.32

39.12

Decisive Dividend 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															32.45	36.05	37.45	43.41	38.68

Competitive Comparison of Decisive Dividend's Gross Margin %

For the Conglomerates subindustry, Decisive Dividend'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.

Decisive Dividend's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Decisive Dividend's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Decisive Dividend's Gross Margin % falls into.

Decisive Dividend Gross Margin % Calculation

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

Decisive Dividend'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 )
	=	52.8	/	134.881
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(134.881 - 82.118)	/	134.881
	=	39.12 %

Decisive Dividend'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 )
	=	13.8	/	35.668
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(35.668 - 21.871)	/	35.668
	=	38.68 %

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.

Decisive Dividend (TSXV:DE) 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

Decisive Dividend had a gross margin of 38.68% for the quarter that ended in Dec. 2023 => Competition eroding margins

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.

Decisive Dividend Gross Margin % Related Terms

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Decisive Dividend (TSXV:DE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Decisive Dividend Corp (TSXV:DE) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

DEDVF:USA PC9:Germany

Address

No. 260 - 1855 Kirschner Road, Kelown, BC, CAN, V1Y 4N7

Website

https://www.decisivedividend.com

Decisive Dividend Corp is an acquisition-oriented company, focused on opportunities in manufacturing. The corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. It uses a disciplined acquisition strategy to identify already profitable, well-established, high-quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established strong leadership.