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Dexus Convenience Retail REIT (ASX:DXC) Gross Margin % : 75.75% (As of Dec. 2023)


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What is Dexus Convenience Retail REIT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dexus Convenience Retail REIT's Gross Profit for the six months ended in Dec. 2023 was A$21.93 Mil. Dexus Convenience Retail REIT's Revenue for the six months ended in Dec. 2023 was A$28.95 Mil. Therefore, Dexus Convenience Retail REIT's Gross Margin % for the quarter that ended in Dec. 2023 was 75.75%.

Warning Sign:

Dexus Convenience Retail REIT gross margin has been in long-term decline. The average rate of decline per year is -3%.


The historical rank and industry rank for Dexus Convenience Retail REIT's Gross Margin % or its related term are showing as below:

ASX:DXC' s Gross Margin % Range Over the Past 10 Years
Min: 77.05   Med: 83.5   Max: 91.45
Current: 77.05


During the past 6 years, the highest Gross Margin % of Dexus Convenience Retail REIT was 91.45%. The lowest was 77.05%. And the median was 83.50%.

ASX:DXC's Gross Margin % is ranked better than
66.08% of 628 companies
in the REITs industry
Industry Median: 68.93 vs ASX:DXC: 77.05

Dexus Convenience Retail REIT had a gross margin of 75.75% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Dexus Convenience Retail REIT was -3.00% per year.


Dexus Convenience Retail REIT Gross Margin % Historical Data

The historical data trend for Dexus Convenience Retail REIT'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.

Dexus Convenience Retail REIT Gross Margin % Chart

Dexus Convenience Retail REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial 84.97 83.96 83.03 77.38 78.43

Dexus Convenience Retail REIT Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.67 78.74 78.49 78.37 75.75

Competitive Comparison of Dexus Convenience Retail REIT's Gross Margin %

For the REIT - Retail subindustry, Dexus Convenience Retail REIT'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.


Dexus Convenience Retail REIT's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dexus Convenience Retail REIT's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dexus Convenience Retail REIT's Gross Margin % falls into.



Dexus Convenience Retail REIT Gross Margin % Calculation

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

Dexus Convenience Retail REIT'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 )
=46.6 / 59.376
=(Revenue - Cost of Goods Sold) / Revenue
=(59.376 - 12.807) / 59.376
=78.43 %

Dexus Convenience Retail REIT'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 )
=21.9 / 28.952
=(Revenue - Cost of Goods Sold) / Revenue
=(28.952 - 7.021) / 28.952
=75.75 %

* 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.


Dexus Convenience Retail REIT  (ASX:DXC) 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

Dexus Convenience Retail REIT had a gross margin of 75.75% 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.


Dexus Convenience Retail REIT Gross Margin % Related Terms

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Dexus Convenience Retail REIT (ASX:DXC) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Sydney, NSW, AUS, 2000
Dexus Convenience Retail REIT is an Australian real estate investment trust. The company owns a portfolio of service stations and convenience retail assets located across Australia. The company derives all income from investments in properties located in Australia. The principal investment objective of the group is to invest in convenience retail properties that provide investors with a high and consistent income distribution that maintains its real value for the life of the group.