Akdital (CAS:AKT) Gross Margin % : 50.85% (As of Jun. 2023)

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What is Akdital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Akdital's Gross Profit for the six months ended in Jun. 2023 was MAD421 Mil. Akdital's Revenue for the six months ended in Jun. 2023 was MAD828 Mil. Therefore, Akdital's Gross Margin % for the quarter that ended in Jun. 2023 was 50.85%.

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

CAS:AKT' s Gross Margin % Range Over the Past 10 Years
Min: 48.76 Med: 54.62 Max: 57.58
Current: 52.36

During the past 4 years, the highest Gross Margin % of Akdital was 57.58%. The lowest was 48.76%. And the median was 54.62%.

CAS:AKT's Gross Margin % is ranked better than
63.88% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.54 vs CAS:AKT: 52.36

Akdital had a gross margin of 50.85% for the quarter that ended in Jun. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Akdital was 0.00% per year.

Akdital Gross Margin % Historical Data

The historical data trend for Akdital'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.

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Akdital Gross Margin % Chart

Akdital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Gross Margin %

57.58

56.63

48.76

52.60

Akdital Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Gross Margin %	Get a 7-Day Free Trial			55.81	43.11	50.14	54.50	50.85

Competitive Comparison of Akdital's Gross Margin %

For the Medical Care Facilities subindustry, Akdital'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.

Akdital's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akdital's Gross Margin % distribution charts can be found below:

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

Akdital Gross Margin % Calculation

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

Akdital's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	544.3	/	1034.778
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1034.778 - 490.447)	/	1034.778
	=	52.60 %

Akdital's Gross Margin for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )	=	Gross Profit (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	420.9	/	827.692
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(827.692 - 406.796)	/	827.692
	=	50.85 %

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.

Akdital (CAS:AKT) 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

Akdital had a gross margin of 50.85% for the quarter that ended in Jun. 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.

Akdital Gross Margin % Related Terms

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Akdital (CAS:AKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Akdital (CAS:AKT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

258 Route de l’Oasis, Casablanca, MAR, 20250

Website

https://www.akdital.ma

Akdital operates private healthcare clinics. The company offers healthcare services such as cardiac surgery, neurosurgery, oncology, radiotherapy, intensive care, and neonatal care, providing patients with comprehensive care according to international standards.