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Vivaa Tradecom (BOM:544002) Gross Margin % : 1.21% (As of Mar. 2023)


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What is Vivaa Tradecom Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vivaa Tradecom's Gross Profit for the six months ended in Mar. 2023 was ₹6 Mil. Vivaa Tradecom's Revenue for the six months ended in Mar. 2023 was ₹485 Mil. Therefore, Vivaa Tradecom's Gross Margin % for the quarter that ended in Mar. 2023 was 1.21%.


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

BOM:544002' s Gross Margin % Range Over the Past 10 Years
Min: 1.2   Med: 6.42   Max: 17.64
Current: 1.2


During the past 4 years, the highest Gross Margin % of Vivaa Tradecom was 17.64%. The lowest was 1.20%. And the median was 6.42%.

BOM:544002's Gross Margin % is ranked worse than
94.47% of 1030 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 26.235 vs BOM:544002: 1.20

Vivaa Tradecom had a gross margin of 1.21% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vivaa Tradecom was 0.00% per year.


Vivaa Tradecom Gross Margin % Historical Data

The historical data trend for Vivaa Tradecom'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.

Vivaa Tradecom Gross Margin % Chart

Vivaa Tradecom Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Gross Margin %
17.64 7.15 5.68 1.20

Vivaa Tradecom Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Gross Margin % - - - 1.20 1.21

Competitive Comparison of Vivaa Tradecom's Gross Margin %

For the Apparel Manufacturing subindustry, Vivaa Tradecom'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.


Vivaa Tradecom's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vivaa Tradecom's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vivaa Tradecom's Gross Margin % falls into.



Vivaa Tradecom Gross Margin % Calculation

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

Vivaa Tradecom's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=16.1 / 1339.891
=(Revenue - Cost of Goods Sold) / Revenue
=(1339.891 - 1323.783) / 1339.891
=1.20 %

Vivaa Tradecom's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=5.9 / 484.972
=(Revenue - Cost of Goods Sold) / Revenue
=(484.972 - 479.089) / 484.972
=1.21 %

* 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.


Vivaa Tradecom  (BOM:544002) 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

Vivaa Tradecom had a gross margin of 1.21% for the quarter that ended in Mar. 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.


Vivaa Tradecom Gross Margin % Related Terms

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Vivaa Tradecom (BOM:544002) Business Description

Traded in Other Exchanges
N/A
Address
17, Pirana Piplaj Road, Saijpur (Gopalpur), Piplej, Ahmedabad, GJ, IND, 382405
Vivaa Tradecom Ltd is engaged in the trading of clothes and Garments. Its product range of denim jeans for men and women bears the hallmark of its distinctive sourcing and lean manufacturing via engagement with a string of valued and dependable supply chain partners.

Vivaa Tradecom (BOM:544002) Headlines

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