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Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Gross Margin %

: 23.20% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Ulker Biskuvinayi AS's Gross Profit for the three months ended in Dec. 2023 was $190 Mil. Ulker Biskuvinayi AS's Revenue for the three months ended in Dec. 2023 was $819 Mil. Therefore, Ulker Biskuvinayi AS's Gross Margin % for the quarter that ended in Dec. 2023 was 23.20%.


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

UELKY' s Gross Margin % Range Over the Past 10 Years
Min: 21.02   Med: 26.07   Max: 30.23
Current: 28.97


During the past 13 years, the highest Gross Margin % of Ulker Biskuvinayi AS was 30.23%. The lowest was 21.02%. And the median was 26.07%.

UELKY's Gross Margin % is ranked better than
59.46% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 24.995 vs UELKY: 28.97

Ulker Biskuvinayi AS had a gross margin of 23.20% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ulker Biskuvinayi AS was -0.70% per year.


Ulker Biskuvinayi AS Gross Margin % Historical Data

The historical data trend for Ulker Biskuvinayi AS'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.

Ulker Biskuvinayi AS 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 27.41 30.23 28.81 21.79 28.97

Ulker Biskuvinayi AS 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 17.56 34.33 31.51 33.74 23.20

Competitive Comparison

For the Confectioners subindustry, Ulker Biskuvinayi AS'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.


Ulker Biskuvinayi AS Gross Margin % Distribution

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

* The bar in red indicates where Ulker Biskuvinayi AS's Gross Margin % falls into.



Ulker Biskuvinayi AS Gross Margin % Calculation

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

Ulker Biskuvinayi AS'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 )
=556.3 / 1920.211
=(Revenue - Cost of Goods Sold) / Revenue
=(1920.211 - 1363.897) / 1920.211
=28.97 %

Ulker Biskuvinayi AS'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 )
=189.9 / 818.62
=(Revenue - Cost of Goods Sold) / Revenue
=(818.62 - 628.704) / 818.62
=23.20 %

* 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.


Ulker Biskuvinayi AS  (OTCPK:UELKY) 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

Ulker Biskuvinayi AS had a gross margin of 23.20% 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.


Ulker Biskuvinayi AS Gross Margin % Related Terms

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


Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Business Description

Traded in Other Exchanges
Address
Davutpa?a Cad No 10, Topkap?, Istanbul, TUR, 366
Ulker Biskuvi Sanayi AS manufactures biscuits, crackers, chocolate, and cake in its half a dozen production facilities in Turkey. Its major brands include Ulker, Alpella, Halk, Kat Tat, and Karsa. The company also has a financial stake in the Godiva brand. Biscuit sales and chocolate sales each account for more than 40% of the company's total revenue. Substantially all of the remaining revenue is from cake sales. Nearly 90% of the company's total revenue comes from sales in Turkey. The company is a subsidiary of Yildiz Holding.

Ulker Biskuvinayi AS (Ulker Biskuvinayi AS) Headlines

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