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Accsys Technologies (Accsys Technologies) Gross Margin % : 28.57% (As of Sep. 2023)


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What is Accsys Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Accsys Technologies's Gross Profit for the six months ended in Sep. 2023 was $21.7 Mil. Accsys Technologies's Revenue for the six months ended in Sep. 2023 was $76.0 Mil. Therefore, Accsys Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was 28.57%.


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

ACSYF' s Gross Margin % Range Over the Past 10 Years
Min: 22.39   Med: 28.17   Max: 34.44
Current: 32.95


During the past 13 years, the highest Gross Margin % of Accsys Technologies was 34.44%. The lowest was 22.39%. And the median was 28.17%.

ACSYF's Gross Margin % is ranked better than
69.72% of 284 companies
in the Forest Products industry
Industry Median: 19.75 vs ACSYF: 32.95

Accsys Technologies had a gross margin of 28.57% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Accsys Technologies was 7.90% per year.


Accsys Technologies Gross Margin % Historical Data

The historical data trend for Accsys Technologies'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.

Accsys Technologies Gross Margin % Chart

Accsys Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.80 32.63 33.15 29.79 34.05

Accsys Technologies Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 30.59 29.09 30.81 35.90 28.57

Competitive Comparison of Accsys Technologies's Gross Margin %

For the Lumber & Wood Production subindustry, Accsys Technologies'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.


Accsys Technologies's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Accsys Technologies's Gross Margin % falls into.



Accsys Technologies Gross Margin % Calculation

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

Accsys Technologies'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 )
=59.1 / 173.467
=(Revenue - Cost of Goods Sold) / Revenue
=(173.467 - 114.403) / 173.467
=34.05 %

Accsys Technologies's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=21.7 / 75.995
=(Revenue - Cost of Goods Sold) / Revenue
=(75.995 - 54.285) / 75.995
=28.57 %

* 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.


Accsys Technologies  (OTCPK:ACSYF) 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

Accsys Technologies had a gross margin of 28.57% for the quarter that ended in Sep. 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.


Accsys Technologies Gross Margin % Related Terms

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


Accsys Technologies (Accsys Technologies) Business Description

Traded in Other Exchanges
Address
3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA
Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.

Accsys Technologies (Accsys Technologies) Headlines

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