Discovery World (PHS:DWC) Gross Margin % : 47.28% (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Discovery World Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Discovery World's Gross Profit for the three months ended in Mar. 2024 was ₱136.9 Mil. Discovery World's Revenue for the three months ended in Mar. 2024 was ₱289.5 Mil. Therefore, Discovery World's Gross Margin % for the quarter that ended in Mar. 2024 was 47.28%.

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

PHS:DWC' s Gross Margin % Range Over the Past 10 Years
Min: -8.58 Med: 41.81 Max: 46.54
Current: 41.22

During the past 13 years, the highest Gross Margin % of Discovery World was 46.54%. The lowest was -8.58%. And the median was 41.81%.

PHS:DWC's Gross Margin % is ranked worse than
53.37% of 772 companies
in the Travel & Leisure industry
Industry Median: 43.215 vs PHS:DWC: 41.22

Discovery World had a gross margin of 47.28% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Discovery World was 0.00% per year.

Discovery World Gross Margin % Historical Data

The historical data trend for Discovery World'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.

Discovery World Gross Margin % Chart

Discovery World Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

Get a 7-Day Free Trial

42.66

-8.58

-0.66

40.79

40.95

Discovery World 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															47.71	43.78	26.37	41.45	47.28

Competitive Comparison of Discovery World's Gross Margin %

For the Resorts & Casinos subindustry, Discovery World'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.

Discovery World's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Discovery World's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Discovery World's Gross Margin % falls into.

Discovery World Gross Margin % Calculation

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

Discovery World'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 )
	=	373.1	/	911.148
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(911.148 - 538.011)	/	911.148
	=	40.95 %

Discovery World'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 )
	=	136.9	/	289.54
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(289.54 - 152.651)	/	289.54
	=	47.28 %

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.

Discovery World (PHS:DWC) 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

Discovery World had a gross margin of 47.28% for the quarter that ended in Mar. 2024 => 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.

Discovery World Gross Margin % Related Terms

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

Discovery World (PHS:DWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Discovery World Corp (PHS:DWC) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2159 Chino Roces Avenue, JTKC Centre, Makati City, PHL

Website

http://www.discovery.com.ph

Discovery World Corporation is engaged in developing, investing in, owning, acquiring, administering, constructing, and operating hotels, resorts, apartelles, condominiums, townhouses, buildings, other tourist related structures, and their usual facilities, including but not limited to, the operation of transportation or shuttle services for tourists in all its various forms by means of automobiles, motor cars, buses, trucks, cruise lines, yachts, boats, luxury vessels, leisure, and sports crafts. the Company derives its revenues from the operations of Discovery Shores Boracay, Club Paradise, Shoppes at Vanilla Beach, Discovery Fleet, and Discovery Hospitality.

Discovery World (PHS:DWC) Headlines

No Headlines