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PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) Gross Margin % : 17.77% (As of Mar. 2024)


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What is PT Japfa Comfeed Indonesia Tbk Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. PT Japfa Comfeed Indonesia Tbk's Gross Profit for the three months ended in Mar. 2024 was Rp2,474,325 Mil. PT Japfa Comfeed Indonesia Tbk's Revenue for the three months ended in Mar. 2024 was Rp13,925,495 Mil. Therefore, PT Japfa Comfeed Indonesia Tbk's Gross Margin % for the quarter that ended in Mar. 2024 was 17.77%.

Warning Sign:

PT Japfa Comfeed Indonesia Tbk gross margin has been in long-term decline. The average rate of decline per year is -7.8%.


The historical rank and industry rank for PT Japfa Comfeed Indonesia Tbk's Gross Margin % or its related term are showing as below:

ISX:JPFA' s Gross Margin % Range Over the Past 10 Years
Min: 14.01   Med: 17.41   Max: 21.77
Current: 16.31


During the past 13 years, the highest Gross Margin % of PT Japfa Comfeed Indonesia Tbk was 21.77%. The lowest was 14.01%. And the median was 17.41%.

ISX:JPFA's Gross Margin % is ranked worse than
69.8% of 1808 companies
in the Consumer Packaged Goods industry
Industry Median: 25.09 vs ISX:JPFA: 16.31

PT Japfa Comfeed Indonesia Tbk had a gross margin of 17.77% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for PT Japfa Comfeed Indonesia Tbk was -7.80% per year.


PT Japfa Comfeed Indonesia Tbk Gross Margin % Historical Data

The historical data trend for PT Japfa Comfeed Indonesia Tbk'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.

PT Japfa Comfeed Indonesia Tbk Gross Margin % Chart

PT Japfa Comfeed Indonesia Tbk 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 20.25 20.10 17.87 15.69 14.68

PT Japfa Comfeed Indonesia Tbk 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 10.94 16.71 18.83 11.86 17.77

Competitive Comparison of PT Japfa Comfeed Indonesia Tbk's Gross Margin %

For the Farm Products subindustry, PT Japfa Comfeed Indonesia Tbk'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.


PT Japfa Comfeed Indonesia Tbk's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Japfa Comfeed Indonesia Tbk's Gross Margin % distribution charts can be found below:

* The bar in red indicates where PT Japfa Comfeed Indonesia Tbk's Gross Margin % falls into.



PT Japfa Comfeed Indonesia Tbk Gross Margin % Calculation

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

PT Japfa Comfeed Indonesia Tbk'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 )
=7511355 / 51175898
=(Revenue - Cost of Goods Sold) / Revenue
=(51175898 - 43664543) / 51175898
=14.68 %

PT Japfa Comfeed Indonesia Tbk'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 )
=2474325 / 13925495
=(Revenue - Cost of Goods Sold) / Revenue
=(13925495 - 11451170) / 13925495
=17.77 %

* 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.


PT Japfa Comfeed Indonesia Tbk  (ISX:JPFA) 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

PT Japfa Comfeed Indonesia Tbk had a gross margin of 17.77% for the quarter that ended in Mar. 2024 => No sustainable 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.


PT Japfa Comfeed Indonesia Tbk Gross Margin % Related Terms

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PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan M.T. Haryono Kav. 16, Wisma Millenia Lantai 7, Jakarta, IDN, 12810
PT Japfa Comfeed Indonesia Tbk is a farm products company that primarily produces animal feed. The company has six business segments: Animal feed, Poultry breeding, Commercial farm and Poultry processing, Aquaculture, Trading, and Others. The company's activities include production and marketing of animal feed products, breeding poultry, running broiler farms and chicken slaughtering, processing and selling chicken meat, shrimp and freshwater fish breeding, beef cattle breeding and meat production, and provision of animal vaccine units, freight business units, among others. A vast majority of the company's revenue is generated by the Animal feed and Commercial farm and poultry processing business segments combined.

PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) Headlines

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