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DIH Holding US (DIH Holding US) Gross Margin % : 62.81% (As of Mar. 2023)


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What is DIH Holding US Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. DIH Holding US's Gross Profit for the six months ended in Mar. 2023 was $34.54 Mil. DIH Holding US's Revenue for the six months ended in Mar. 2023 was $55.00 Mil. Therefore, DIH Holding US's Gross Margin % for the quarter that ended in Mar. 2023 was 62.81%.


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

DHAI' s Gross Margin % Range Over the Past 10 Years
Min: 50.52   Med: 56.67   Max: 62.81
Current: 62.81


During the past 2 years, the highest Gross Margin % of DIH Holding US was 62.81%. The lowest was 50.52%. And the median was 56.67%.

DHAI's Gross Margin % is ranked better than
64.62% of 800 companies
in the Medical Devices & Instruments industry
Industry Median: 53.135 vs DHAI: 62.81

DIH Holding US had a gross margin of 62.81% for the quarter that ended in Mar. 2023 => Durable competitive advantage

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


DIH Holding US Gross Margin % Historical Data

The historical data trend for DIH Holding US'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.

DIH Holding US Gross Margin % Chart

DIH Holding US Annual Data
Trend Mar22 Mar23
Gross Margin %
50.52 62.81

DIH Holding US Semi-Annual Data
Mar22 Mar23
Gross Margin % 50.52 62.81

Competitive Comparison of DIH Holding US's Gross Margin %

For the Medical Devices subindustry, DIH Holding US'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.


DIH Holding US's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DIH Holding US's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DIH Holding US's Gross Margin % falls into.



DIH Holding US Gross Margin % Calculation

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

DIH Holding US's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=34.5 / 54.998
=(Revenue - Cost of Goods Sold) / Revenue
=(54.998 - 20.456) / 54.998
=62.81 %

DIH Holding US's Gross Margin for the quarter that ended in Mar. 2023 is calculated as


Gross Margin % (Q: Mar. 2023 )=Gross Profit (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=34.5 / 54.998
=(Revenue - Cost of Goods Sold) / Revenue
=(54.998 - 20.456) / 54.998
=62.81 %

* 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.


DIH Holding US  (NAS:DHAI) 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

DIH Holding US had a gross margin of 62.81% for the quarter that ended in Mar. 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.


DIH Holding US Gross Margin % Related Terms

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DIH Holding US (DIH Holding US) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
77 Accord Park Drive, Suite D-1, Norwell, MA, USA, 02061
DIH Holding US Inc is a global solution provider in blending innovative robotic and virtual reality (VR) technologies with clinical integration and insights. It is positioning itself as a transformative total smart solutions provider and consolidator in a largely fragmented and manual-labor-driven industry.

DIH Holding US (DIH Holding US) Headlines