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Cencosud Shopping (XSGO:CENCOSHOPP) Gross Margin % : 96.34% (As of Dec. 2023)


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What is Cencosud Shopping Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cencosud Shopping's Gross Profit for the three months ended in Dec. 2023 was CLP81,155 Mil. Cencosud Shopping's Revenue for the three months ended in Dec. 2023 was CLP84,239 Mil. Therefore, Cencosud Shopping's Gross Margin % for the quarter that ended in Dec. 2023 was 96.34%.


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

XSGO:CENCOSHOPP' s Gross Margin % Range Over the Past 10 Years
Min: 27.63   Med: 94.71   Max: 97.28
Current: 96.38


During the past 7 years, the highest Gross Margin % of Cencosud Shopping was 97.28%. The lowest was 27.63%. And the median was 94.71%.

XSGO:CENCOSHOPP's Gross Margin % is ranked better than
97.16% of 1655 companies
in the Real Estate industry
Industry Median: 36.78 vs XSGO:CENCOSHOPP: 96.38

Cencosud Shopping had a gross margin of 96.34% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cencosud Shopping was 19.50% per year.


Cencosud Shopping Gross Margin % Historical Data

The historical data trend for Cencosud Shopping'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.

Cencosud Shopping Gross Margin % Chart

Cencosud Shopping Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 97.28 92.94 94.71 96.05 96.38

Cencosud Shopping 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 98.00 96.68 95.51 96.98 96.34

Competitive Comparison of Cencosud Shopping's Gross Margin %

For the Real Estate Services subindustry, Cencosud Shopping'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.


Cencosud Shopping's Gross Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cencosud Shopping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Cencosud Shopping's Gross Margin % falls into.



Cencosud Shopping Gross Margin % Calculation

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

Cencosud Shopping'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 )
=303378.2 / 314784.929
=(Revenue - Cost of Goods Sold) / Revenue
=(314784.929 - 11406.755) / 314784.929
=96.38 %

Cencosud Shopping'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 )
=81155.3 / 84239.447
=(Revenue - Cost of Goods Sold) / Revenue
=(84239.447 - 3084.173) / 84239.447
=96.34 %

* 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.


Cencosud Shopping  (XSGO:CENCOSHOPP) 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

Cencosud Shopping had a gross margin of 96.34% for the quarter that ended in Dec. 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.


Cencosud Shopping Gross Margin % Related Terms

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


Cencosud Shopping (XSGO:CENCOSHOPP) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Kennedy 9001, Piso 6, Las Condes, Santiago, CHL
Cencosud Shopping SA is a Chile based company focused on the development, construction and administration of commercial rental properties, mainly shopping centers and offices.

Cencosud Shopping (XSGO:CENCOSHOPP) Headlines

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