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Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Gross Margin % : 34.80% (As of Mar. 2024)


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What is Dr Sulaiman Al Habib Medical Services Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Dr Sulaiman Al Habib Medical Services Group's Gross Profit for the three months ended in Mar. 2024 was ﷼877 Mil. Dr Sulaiman Al Habib Medical Services Group's Revenue for the three months ended in Mar. 2024 was ﷼2,521 Mil. Therefore, Dr Sulaiman Al Habib Medical Services Group's Gross Margin % for the quarter that ended in Mar. 2024 was 34.80%.


The historical rank and industry rank for Dr Sulaiman Al Habib Medical Services Group's Gross Margin % or its related term are showing as below:

SAU:4013' s Gross Margin % Range Over the Past 10 Years
Min: 30.37   Med: 32.14   Max: 34.6
Current: 34.6


During the past 5 years, the highest Gross Margin % of Dr Sulaiman Al Habib Medical Services Group was 34.60%. The lowest was 30.37%. And the median was 32.14%.

SAU:4013's Gross Margin % is ranked worse than
59.28% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs SAU:4013: 34.60

Dr Sulaiman Al Habib Medical Services Group had a gross margin of 34.80% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Dr Sulaiman Al Habib Medical Services Group was 0.00% per year.


Dr Sulaiman Al Habib Medical Services Group Gross Margin % Historical Data

The historical data trend for Dr Sulaiman Al Habib Medical Services Group'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.

Dr Sulaiman Al Habib Medical Services Group Gross Margin % Chart

Dr Sulaiman Al Habib Medical Services Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
30.37 31.81 32.14 33.07 34.39

Dr Sulaiman Al Habib Medical Services Group 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 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 33.97 34.10 34.53 34.91 34.80

Competitive Comparison of Dr Sulaiman Al Habib Medical Services Group's Gross Margin %

For the Medical Care Facilities subindustry, Dr Sulaiman Al Habib Medical Services Group'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.


Dr Sulaiman Al Habib Medical Services Group's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Sulaiman Al Habib Medical Services Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Dr Sulaiman Al Habib Medical Services Group's Gross Margin % falls into.



Dr Sulaiman Al Habib Medical Services Group Gross Margin % Calculation

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

Dr Sulaiman Al Habib Medical Services Group'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 )
=3270 / 9508.439
=(Revenue - Cost of Goods Sold) / Revenue
=(9508.439 - 6238.391) / 9508.439
=34.39 %

Dr Sulaiman Al Habib Medical Services Group'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 )
=877.3 / 2521.409
=(Revenue - Cost of Goods Sold) / Revenue
=(2521.409 - 1644.079) / 2521.409
=34.80 %

* 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.


Dr Sulaiman Al Habib Medical Services Group  (SAU:4013) 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

Dr Sulaiman Al Habib Medical Services Group had a gross margin of 34.80% for the quarter that ended in Mar. 2024 => 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.


Dr Sulaiman Al Habib Medical Services Group Gross Margin % Related Terms

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Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 301578, Al Olaya District, Riyadh, SAU, 11372
Dr Sulaiman Al Habib Medical Services Group is a healthcare operator. The company is engaged in establishing, operating, and managing hospitals, general and specialized medical complexes, dispensaries, health care centers, diagnostics centers as well as radiology centers. It is also involved in import, wholesale and retail sales of medicines, medical products, cosmetics, and medical supplies and equipment. The company reports in three segments are Hospitals/ Healthcare Facilities, Pharmacies, and HMG Solutions / Others. The majority of the revenue is earned from the Hospitals/ Healthcare Facilities segment.

Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Headlines

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