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York Timber Holdings (JSE:YRK) Gross Margin % : 29.29% (As of Dec. 2023)


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What is York Timber Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. York Timber Holdings's Gross Profit for the six months ended in Dec. 2023 was R258 Mil. York Timber Holdings's Revenue for the six months ended in Dec. 2023 was R882 Mil. Therefore, York Timber Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 29.29%.


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

JSE:YRK' s Gross Margin % Range Over the Past 10 Years
Min: -4.34   Med: 28.41   Max: 32.11
Current: -4.34


During the past 13 years, the highest Gross Margin % of York Timber Holdings was 32.11%. The lowest was -4.34%. And the median was 28.41%.

JSE:YRK's Gross Margin % is ranked worse than
95.76% of 283 companies
in the Forest Products industry
Industry Median: 19.39 vs JSE:YRK: -4.34

York Timber Holdings had a gross margin of 29.29% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


York Timber Holdings Gross Margin % Historical Data

The historical data trend for York Timber 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.

York Timber Holdings Gross Margin % Chart

York Timber Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.76 17.94 30.56 32.11 -2.16

York Timber Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 29.64 34.85 32.59 -43.16 29.29

Competitive Comparison of York Timber Holdings's Gross Margin %

For the Lumber & Wood Production subindustry, York Timber 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.


York Timber Holdings's Gross Margin % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, York Timber Holdings's Gross Margin % distribution charts can be found below:

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



York Timber Holdings Gross Margin % Calculation

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

York Timber Holdings's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=-36.1 / 1666.294
=(Revenue - Cost of Goods Sold) / Revenue
=(1666.294 - 1702.36) / 1666.294
=-2.16 %

York Timber Holdings'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 )
=258.5 / 882.343
=(Revenue - Cost of Goods Sold) / Revenue
=(882.343 - 623.863) / 882.343
=29.29 %

* 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.


York Timber Holdings  (JSE:YRK) 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

York Timber Holdings had a gross margin of 29.29% for the quarter that ended in Dec. 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.


York Timber Holdings Gross Margin % Related Terms

Thank you for viewing the detailed overview of York Timber Holdings's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


York Timber Holdings (JSE:YRK) Business Description

Traded in Other Exchanges
N/A
Address
3 Main Road, York Corporate Office, P.O. Box 1191, Sabie, MP, ZAF, 1260
York Timber Holdings Ltd is an integrated forestry company. The company's operating segment includes Processing plants; Wholesale, Forestry and Fleet and Agriculture. It generates maximum revenue from the Processing plants segment. The processing plants segment is divided into two divisions namely Sawmilling and Plywood. Geographically, it derives a majority of revenue from South Africa and also has a presence in the Southern Africa Development Community (SADC) and the United Kingdom, Belgium, China, and the United States of America.

York Timber Holdings (JSE:YRK) Headlines

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