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British American Tobacco Bangladesh Co (DHA:BATBC) Gross Margin % : 42.71% (As of Dec. 2023)


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What is British American Tobacco Bangladesh Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. British American Tobacco Bangladesh Co's Gross Profit for the three months ended in Dec. 2023 was BDT10,141 Mil. British American Tobacco Bangladesh Co's Revenue for the three months ended in Dec. 2023 was BDT23,742 Mil. Therefore, British American Tobacco Bangladesh Co's Gross Margin % for the quarter that ended in Dec. 2023 was 42.71%.


The historical rank and industry rank for British American Tobacco Bangladesh Co's Gross Margin % or its related term are showing as below:

DHA:BATBC' s Gross Margin % Range Over the Past 10 Years
Min: 45.4   Med: 48.55   Max: 53.53
Current: 48.55


During the past 9 years, the highest Gross Margin % of British American Tobacco Bangladesh Co was 53.53%. The lowest was 45.40%. And the median was 48.55%.

DHA:BATBC's Gross Margin % is ranked better than
76.47% of 51 companies
in the Tobacco Products industry
Industry Median: 32.22 vs DHA:BATBC: 48.55

British American Tobacco Bangladesh Co had a gross margin of 42.71% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for British American Tobacco Bangladesh Co was 0.60% per year.


British American Tobacco Bangladesh Co Gross Margin % Historical Data

The historical data trend for British American Tobacco Bangladesh Co'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.

British American Tobacco Bangladesh Co Gross Margin % Chart

British American Tobacco Bangladesh Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 47.25 48.93 53.53 52.52 48.55

British American Tobacco Bangladesh Co Quarterly Data
Mar19 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 46.65 51.12 50.41 50.20 42.71

Competitive Comparison of British American Tobacco Bangladesh Co's Gross Margin %

For the Tobacco subindustry, British American Tobacco Bangladesh Co'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.


British American Tobacco Bangladesh Co's Gross Margin % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, British American Tobacco Bangladesh Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where British American Tobacco Bangladesh Co's Gross Margin % falls into.



British American Tobacco Bangladesh Co Gross Margin % Calculation

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

British American Tobacco Bangladesh Co'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 )
=44502.7 / 91667.983
=(Revenue - Cost of Goods Sold) / Revenue
=(91667.983 - 47165.324) / 91667.983
=48.55 %

British American Tobacco Bangladesh Co'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 )
=10141.2 / 23741.928
=(Revenue - Cost of Goods Sold) / Revenue
=(23741.928 - 13600.684) / 23741.928
=42.71 %

* 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.


British American Tobacco Bangladesh Co  (DHA:BATBC) 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

British American Tobacco Bangladesh Co had a gross margin of 42.71% 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.


British American Tobacco Bangladesh Co Gross Margin % Related Terms

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British American Tobacco Bangladesh Co (DHA:BATBC) Business Description

Traded in Other Exchanges
N/A
Address
New DOHS Road, Mohakhali, Dhaka, BGD, 1206
British American Tobacco Bangladesh Co Ltd is engaged in the manufacturing and marketing of cigarettes in Bangladesh. It manufactures and markets brands including Benson and Hedges, John Player Gold Leaf, Capstan, Star, Derby, Pilot and Hollywood.

British American Tobacco Bangladesh Co (DHA:BATBC) Headlines

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