Acron PJSC (MIC:AKRN) Gross Margin % : 17.19% (As of Sep. 2023)

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What is Acron PJSC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Acron PJSC's Gross Profit for the three months ended in Sep. 2023 was ₽1,108 Mil. Acron PJSC's Revenue for the three months ended in Sep. 2023 was ₽6,446 Mil. Therefore, Acron PJSC's Gross Margin % for the quarter that ended in Sep. 2023 was 17.19%.

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

MIC:AKRN' s Gross Margin % Range Over the Past 10 Years
Min: 38.13 Med: 48.62 Max: 66.45
Current: 44.58

During the past 13 years, the highest Gross Margin % of Acron PJSC was 66.45%. The lowest was 38.13%. And the median was 48.62%.

MIC:AKRN's Gross Margin % is ranked better than
85.04% of 234 companies
in the Agriculture industry
Industry Median: 23.015 vs MIC:AKRN: 44.58

Acron PJSC had a gross margin of 17.19% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Acron PJSC was 8.10% per year.

Acron PJSC Gross Margin % Historical Data

The historical data trend for Acron PJSC'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.

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Acron PJSC Gross Margin % Chart

Acron PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

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49.62

47.94

45.09

65.88

66.45

Acron PJSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															56.64	-	54.04	39.36	17.19

Competitive Comparison of Acron PJSC's Gross Margin %

For the Agricultural Inputs subindustry, Acron PJSC'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.

Acron PJSC's Gross Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Acron PJSC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Acron PJSC's Gross Margin % falls into.

Acron PJSC Gross Margin % Calculation

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

Acron PJSC's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	119983.5	/	180565.693
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(180565.693 - 60582.168)	/	180565.693
	=	66.45 %

Acron PJSC'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 )
	=	1107.9	/	6446.455
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6446.455 - 5338.568)	/	6446.455
	=	17.19 %

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.

Acron PJSC (MIC:AKRN) 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

Acron PJSC had a gross margin of 17.19% for the quarter that ended in Sep. 2023 => 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.

Acron PJSC Gross Margin % Related Terms

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Acron PJSC (MIC:AKRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Acron PJSC (MIC:AKRN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Krasnopresnenskaya Naberezhnaya, World Trade Centre, Moscow, RUS, 123610

Website

https://www.acron.ru

Acron PJSC is a Russian fertilizer producer and distributer to the agricultural industry globally. The company's segments are organized based on activity. Its segments include Acron (chemical production), Dorogobuzh (chemical production), logistics, trading, mining, and others. The company generates the vast majority of revenue through its trading and chemical production businesses. Through its large distribution and logistics activities, the company generates revenue in over 75 countries, with its largest markets being Latin America, Europe, and Russia.

Acron PJSC (MIC:AKRN) Headlines

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