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Invicta Holdings (JSE:IVT) Gross Margin % : 32.63% (As of Sep. 2023)


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What is Invicta Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Invicta Holdings's Gross Profit for the six months ended in Sep. 2023 was R1,400 Mil. Invicta Holdings's Revenue for the six months ended in Sep. 2023 was R4,292 Mil. Therefore, Invicta Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 32.63%.


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

JSE:IVT' s Gross Margin % Range Over the Past 10 Years
Min: 27.71   Med: 30.1   Max: 32.54
Current: 32.54


During the past 13 years, the highest Gross Margin % of Invicta Holdings was 32.54%. The lowest was 27.71%. And the median was 30.10%.

JSE:IVT's Gross Margin % is ranked better than
74.13% of 143 companies
in the Industrial Distribution industry
Industry Median: 22.61 vs JSE:IVT: 32.54

Invicta Holdings had a gross margin of 32.63% for the quarter that ended in Sep. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Invicta Holdings was 1.80% per year.


Invicta Holdings Gross Margin % Historical Data

The historical data trend for Invicta Holdings'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.

Invicta Holdings Gross Margin % Chart

Invicta Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.59 29.77 31.86 30.70 32.48

Invicta Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 30.56 30.84 32.52 32.45 32.63

Competitive Comparison of Invicta Holdings's Gross Margin %

For the Industrial Distribution subindustry, Invicta Holdings'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.


Invicta Holdings's Gross Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Invicta Holdings's Gross Margin % distribution charts can be found below:

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



Invicta Holdings Gross Margin % Calculation

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

Invicta Holdings'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 )
=2523.9 / 7769.948
=(Revenue - Cost of Goods Sold) / Revenue
=(7769.948 - 5246.005) / 7769.948
=32.48 %

Invicta Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1400.2 / 4291.645
=(Revenue - Cost of Goods Sold) / Revenue
=(4291.645 - 2891.488) / 4291.645
=32.63 %

* 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.


Invicta Holdings  (JSE:IVT) 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

Invicta Holdings had a gross margin of 32.63% for the quarter that ended in Sep. 2023 => Competition eroding margins


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.


Invicta Holdings Gross Margin % Related Terms

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Invicta Holdings (JSE:IVT) Business Description

Traded in Other Exchanges
Address
3 Droste Crescent, Droste Park Extension 7, Jeppestown, Johannesburg, GT, ZAF, 2001
Invicta Holdings Ltd is an investment holding management company. The company's segment includes Replacement parts, Services, and Solutions: Industrial (RSS: Industrial); Replacement parts, Services and Solutions: Auto-agri (RSS: Auto-agri); Capital equipment (CE); Replacement parts, Services and Solutions: Earthmoving equipment (RSS: Earthmoving); Kian Ann Group (Joint Venture) and Corporate Group. It generates maximum revenue from RSS: Industrial segment.