Sapphire Fibres (KAR:SFL) Gross Margin % : 15.40% (As of Mar. 2024)

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What is Sapphire Fibres Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sapphire Fibres's Gross Profit for the three months ended in Mar. 2024 was ₨2,048 Mil. Sapphire Fibres's Revenue for the three months ended in Mar. 2024 was ₨13,300 Mil. Therefore, Sapphire Fibres's Gross Margin % for the quarter that ended in Mar. 2024 was 15.40%.

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

KAR:SFL' s Gross Margin % Range Over the Past 10 Years
Min: 13.23 Med: 17.72 Max: 22.95
Current: 13.64

During the past 12 years, the highest Gross Margin % of Sapphire Fibres was 22.95%. The lowest was 13.23%. And the median was 17.72%.

KAR:SFL's Gross Margin % is ranked worse than
76.54% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 26.25 vs KAR:SFL: 13.64

Sapphire Fibres had a gross margin of 15.40% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sapphire Fibres was 1.90% per year.

Sapphire Fibres Gross Margin % Historical Data

The historical data trend for Sapphire Fibres'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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Sapphire Fibres Gross Margin % Chart

Sapphire Fibres Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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19.41

22.95

18.06

19.63

19.07

Sapphire Fibres Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Margin %	Get a 7-Day Free Trial															23.34	15.85	13.37	8.49	15.40

Competitive Comparison of Sapphire Fibres's Gross Margin %

For the Textile Manufacturing subindustry, Sapphire Fibres'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.

Sapphire Fibres's Gross Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sapphire Fibres's Gross Margin % falls into.

Sapphire Fibres Gross Margin % Calculation

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

Sapphire Fibres's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )	=	Gross Profit (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	12484.5	/	65461.81
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(65461.81 - 52977.346)	/	65461.81
	=	19.07 %

Sapphire Fibres's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2048	/	13300.221
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(13300.221 - 11252.209)	/	13300.221
	=	15.40 %

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.

Sapphire Fibres (KAR:SFL) 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

Sapphire Fibres had a gross margin of 15.40% for the quarter that ended in Mar. 2024 => 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.

Sapphire Fibres Gross Margin % Related Terms

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Sapphire Fibres (KAR:SFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sapphire Fibres Ltd (KAR:SFL) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

73-E Main Jail Road, 1st Floor, Tricon Corporate Centre, Gulberg II, Lahore, PB, PAK

Website

https://www.sapphiretextiles.com.pk

Sapphire Fibres Ltd is engaged in the manufacturing and sale of yarn, fabrics, and garments. The company's operating segment includes Spinning; Knitting, processing and garments; Denim and Power.