BCI Minerals (BCI Minerals) Gross Margin % : 47.95% (As of Dec. 2023)

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What is BCI Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BCI Minerals's Gross Profit for the six months ended in Dec. 2023 was $14.17 Mil. BCI Minerals's Revenue for the six months ended in Dec. 2023 was $29.55 Mil. Therefore, BCI Minerals's Gross Margin % for the quarter that ended in Dec. 2023 was 47.95%.

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

BIRNF' s Gross Margin % Range Over the Past 10 Years
Min: 9.97 Med: 29.64 Max: 52.56
Current: 52.56

During the past 13 years, the highest Gross Margin % of BCI Minerals was 52.56%. The lowest was 9.97%. And the median was 29.64%.

BIRNF's Gross Margin % is ranked better than
95.54% of 583 companies
in the Steel industry
Industry Median: 12.97 vs BIRNF: 52.56

BCI Minerals had a gross margin of 47.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for BCI Minerals was 23.50% per year.

BCI Minerals Gross Margin % Historical Data

The historical data trend for BCI Minerals'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.

BCI Minerals Gross Margin % Chart

BCI Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Gross Margin %

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23.07

30.02

50.92

40.66

49.73

BCI Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial															40.00	41.43	31.11	57.33	47.95

Competitive Comparison of BCI Minerals's Gross Margin %

For the Steel subindustry, BCI Minerals'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.

BCI Minerals's Gross Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BCI Minerals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BCI Minerals's Gross Margin % falls into.

BCI Minerals Gross Margin % Calculation

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

BCI Minerals'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 )
	=	20.1	/	40.375
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(40.375 - 20.296)	/	40.375
	=	49.73 %

BCI Minerals'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 )
	=	14.2	/	29.549
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(29.549 - 15.381)	/	29.549
	=	47.95 %

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.

BCI Minerals (OTCPK:BIRNF) 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

BCI Minerals had a gross margin of 47.95% 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.

BCI Minerals Gross Margin % Related Terms

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BCI Minerals (BCI Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BCI Minerals Ltd (OTCPK:BIRNF) » Definitions » Gross Margin %

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BCI:Australia

Address

1 Altona Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.bciminerals.com.au

BCI Minerals Ltd is an Australia-based resources company, managing a diversified portfolio of mineral interests. Its assets include Buckland, Mardie Salt, Carnegie Potash, and other exploration projects including Marble bar, Black Hills, and Maitland. The company earns potential iron ore royalties over third party projects located in the Pilbara. It holds an interest in Mardie Salt & Potash Project, Carnegie Potash Project, and Iron Valley Iron Ore Mine. The firm has three reportable segments being; Iron Valley, Mardie, and Other (Corporate and other assets). Sales revenue comprises iron ore sales in Australia.