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Dimed Distribuidora de Medicamentos (BSP:PNVL3) Gross Margin % : 32.14% (As of Mar. 2024)


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What is Dimed Distribuidora de Medicamentos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dimed Distribuidora de Medicamentos's Gross Profit for the three months ended in Mar. 2024 was R$394 Mil. Dimed Distribuidora de Medicamentos's Revenue for the three months ended in Mar. 2024 was R$1,226 Mil. Therefore, Dimed Distribuidora de Medicamentos's Gross Margin % for the quarter that ended in Mar. 2024 was 32.14%.


The historical rank and industry rank for Dimed Distribuidora de Medicamentos's Gross Margin % or its related term are showing as below:

BSP:PNVL3' s Gross Margin % Range Over the Past 10 Years
Min: 22.23   Med: 29.58   Max: 61.37
Current: 31.28


During the past 13 years, the highest Gross Margin % of Dimed Distribuidora de Medicamentos was 61.37%. The lowest was 22.23%. And the median was 29.58%.

BSP:PNVL3's Gross Margin % is ranked worse than
75.99% of 987 companies
in the Drug Manufacturers industry
Industry Median: 47.33 vs BSP:PNVL3: 31.28

Dimed Distribuidora de Medicamentos had a gross margin of 32.14% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dimed Distribuidora de Medicamentos was 1.20% per year.


Dimed Distribuidora de Medicamentos Gross Margin % Historical Data

The historical data trend for Dimed Distribuidora de Medicamentos'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.

Dimed Distribuidora de Medicamentos Gross Margin % Chart

Dimed Distribuidora de Medicamentos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.69 29.22 30.65 31.14 30.87

Dimed Distribuidora de Medicamentos 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 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 30.54 31.79 30.33 30.84 32.14

Competitive Comparison of Dimed Distribuidora de Medicamentos's Gross Margin %

For the Drug Manufacturers - General subindustry, Dimed Distribuidora de Medicamentos'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.


Dimed Distribuidora de Medicamentos's Gross Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Dimed Distribuidora de Medicamentos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dimed Distribuidora de Medicamentos's Gross Margin % falls into.



Dimed Distribuidora de Medicamentos Gross Margin % Calculation

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

Dimed Distribuidora de Medicamentos's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1377.2 / 4461.017
=(Revenue - Cost of Goods Sold) / Revenue
=(4461.017 - 3083.809) / 4461.017
=30.87 %

Dimed Distribuidora de Medicamentos'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 )
=394 / 1226.103
=(Revenue - Cost of Goods Sold) / Revenue
=(1226.103 - 832.092) / 1226.103
=32.14 %

* 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.


Dimed Distribuidora de Medicamentos  (BSP:PNVL3) 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

Dimed Distribuidora de Medicamentos had a gross margin of 32.14% for the quarter that ended in Mar. 2024 => 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.


Dimed Distribuidora de Medicamentos Gross Margin % Related Terms

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


Dimed Distribuidora de Medicamentos (BSP:PNVL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Industrial Belgraf, 865, Eldorado do Sul, RS, BRA, 92990-000
Dimed SA Distribuidora de Medicamentos is engaged in the sale of medicines, perfumery, personal care and beauty products, cosmetics and dermocosmetics. Its segments are divided into Retail, Wholesale and Corporate. The Retail segment has 556 stores that sell more than 15,000 items among drugs and personal care and beauty products. The Wholesale segment is the distributor of drugs in Brazil. The Corporate segment includes Wholesale and Retail, as well as the subsidiary Lifar. In addition to adding divisions of cosmetics, drugs and food, Lifar is responsible for the production of brands in Brazil, as well as products of its own brand Panvel.

Dimed Distribuidora de Medicamentos (BSP:PNVL3) Headlines

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