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MerryMart Consumer (PHS:MM) Gross Margin % : 13.70% (As of Sep. 2023)


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What is MerryMart Consumer Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MerryMart Consumer's Gross Profit for the three months ended in Sep. 2023 was ₱285 Mil. MerryMart Consumer's Revenue for the three months ended in Sep. 2023 was ₱2,078 Mil. Therefore, MerryMart Consumer's Gross Margin % for the quarter that ended in Sep. 2023 was 13.70%.


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

PHS:MM' s Gross Margin % Range Over the Past 10 Years
Min: 3.14   Med: 5.75   Max: 21.19
Current: 19.7


During the past 7 years, the highest Gross Margin % of MerryMart Consumer was 21.19%. The lowest was 3.14%. And the median was 5.75%.

PHS:MM's Gross Margin % is ranked worse than
60% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs PHS:MM: 19.70

MerryMart Consumer had a gross margin of 13.70% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MerryMart Consumer was 44.30% per year.


MerryMart Consumer Gross Margin % Historical Data

The historical data trend for MerryMart Consumer'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.

MerryMart Consumer Gross Margin % Chart

MerryMart Consumer Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial 4.43 5.75 9.45 16.60 21.19

MerryMart Consumer Quarterly Data
Dec17 Dec18 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 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 15.89 30.17 17.57 16.43 13.70

Competitive Comparison of MerryMart Consumer's Gross Margin %

For the Grocery Stores subindustry, MerryMart Consumer'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.


MerryMart Consumer's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MerryMart Consumer's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MerryMart Consumer's Gross Margin % falls into.



MerryMart Consumer Gross Margin % Calculation

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

MerryMart Consumer'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 )
=1423.4 / 6715.575
=(Revenue - Cost of Goods Sold) / Revenue
=(6715.575 - 5292.211) / 6715.575
=21.19 %

MerryMart Consumer'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 )
=284.7 / 2078.227
=(Revenue - Cost of Goods Sold) / Revenue
=(2078.227 - 1793.521) / 2078.227
=13.70 %

* 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.


MerryMart Consumer  (PHS:MM) 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

MerryMart Consumer had a gross margin of 13.70% 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.


MerryMart Consumer Gross Margin % Related Terms

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MerryMart Consumer (PHS:MM) Business Description

Traded in Other Exchanges
N/A
Address
DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302
MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

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