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Vivara Participacoes (BSP:VIVA3) Gross Margin % : 69.96% (As of Dec. 2023)


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What is Vivara Participacoes Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Vivara Participacoes's Gross Profit for the three months ended in Dec. 2023 was R$544 Mil. Vivara Participacoes's Revenue for the three months ended in Dec. 2023 was R$778 Mil. Therefore, Vivara Participacoes's Gross Margin % for the quarter that ended in Dec. 2023 was 69.96%.


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

BSP:VIVA3' s Gross Margin % Range Over the Past 10 Years
Min: 66.43   Med: 68.69   Max: 71.2
Current: 69.33


During the past 8 years, the highest Gross Margin % of Vivara Participacoes was 71.20%. The lowest was 66.43%. And the median was 68.69%.

BSP:VIVA3's Gross Margin % is ranked better than
93.79% of 1095 companies
in the Retail - Cyclical industry
Industry Median: 36.61 vs BSP:VIVA3: 69.33

Vivara Participacoes had a gross margin of 69.96% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Vivara Participacoes was -0.60% per year.


Vivara Participacoes Gross Margin % Historical Data

The historical data trend for Vivara Participacoes'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.

Vivara Participacoes Gross Margin % Chart

Vivara Participacoes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial 71.20 68.49 67.61 68.89 69.32

Vivara Participacoes Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 70.82 69.60 69.67 67.58 69.96

Competitive Comparison of Vivara Participacoes's Gross Margin %

For the Luxury Goods subindustry, Vivara Participacoes'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.


Vivara Participacoes's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vivara Participacoes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Vivara Participacoes's Gross Margin % falls into.



Vivara Participacoes Gross Margin % Calculation

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

Vivara Participacoes'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 )
=1516.1 / 2186.975
=(Revenue - Cost of Goods Sold) / Revenue
=(2186.975 - 670.864) / 2186.975
=69.32 %

Vivara Participacoes'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 )
=544.4 / 778.128
=(Revenue - Cost of Goods Sold) / Revenue
=(778.128 - 233.742) / 778.128
=69.96 %

* 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.


Vivara Participacoes  (BSP:VIVA3) 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

Vivara Participacoes had a gross margin of 69.96% 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.


Vivara Participacoes Gross Margin % Related Terms

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


Vivara Participacoes (BSP:VIVA3) Business Description

Traded in Other Exchanges
N/A
Address
105, Arquiteto Olavo Redig de Campos Street, 15 floor Brooklin Paulista, Sao Paulo, SP, BRA, 04709-00
Vivara Participacoes SA is a Brazil-based company engaged in operating jewelry chain in Brazil. Its brands Vivara, Life by Vivara, Vivara Watches, Vivara Accessories e Vivara Fragrances are available at multiple sales points across the country. The firm operates business through stores, online sales and others. Substantial revenue is earned from the sales of Jewelry items.

Vivara Participacoes (BSP:VIVA3) Headlines

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