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Bin Dawood Holding (SAU:4161) Gross Margin % : 30.62% (As of Mar. 2024)


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What is Bin Dawood Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bin Dawood Holding's Gross Profit for the three months ended in Mar. 2024 was ﷼451 Mil. Bin Dawood Holding's Revenue for the three months ended in Mar. 2024 was ﷼1,473 Mil. Therefore, Bin Dawood Holding's Gross Margin % for the quarter that ended in Mar. 2024 was 30.62%.


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

SAU:4161' s Gross Margin % Range Over the Past 10 Years
Min: 29.35   Med: 32.42   Max: 33.95
Current: 32.39


During the past 5 years, the highest Gross Margin % of Bin Dawood Holding was 33.95%. The lowest was 29.35%. And the median was 32.42%.

SAU:4161's Gross Margin % is ranked better than
76.45% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.685 vs SAU:4161: 32.39

Bin Dawood Holding had a gross margin of 30.62% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bin Dawood Holding was 0.00% per year.


Bin Dawood Holding Gross Margin % Historical Data

The historical data trend for Bin Dawood Holding'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.

Bin Dawood Holding Gross Margin % Chart

Bin Dawood Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
33.95 32.42 32.84 29.35 32.30

Bin Dawood Holding Quarterly Data
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 30.17 32.02 30.97 35.84 30.62

Competitive Comparison of Bin Dawood Holding's Gross Margin %

For the Grocery Stores subindustry, Bin Dawood Holding'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.


Bin Dawood Holding's Gross Margin % Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Bin Dawood Holding's Gross Margin % falls into.



Bin Dawood Holding Gross Margin % Calculation

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

Bin Dawood Holding'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 )
=1809.8 / 5602.927
=(Revenue - Cost of Goods Sold) / Revenue
=(5602.927 - 3793.14) / 5602.927
=32.30 %

Bin Dawood Holding'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 )
=451 / 1472.924
=(Revenue - Cost of Goods Sold) / Revenue
=(1472.924 - 1021.885) / 1472.924
=30.62 %

* 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.


Bin Dawood Holding  (SAU:4161) 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

Bin Dawood Holding had a gross margin of 30.62% 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.


Bin Dawood Holding Gross Margin % Related Terms

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Bin Dawood Holding (SAU:4161) Business Description

Traded in Other Exchanges
N/A
Address
Al-Madinah Al-Munawarah Road, Al Naeem, Jeddah, SAU, 21530
Bin Dawood Holding is the grocery retail operator of hypermarkets and supermarkets in Saudi Arabia. The company's Stores comprise trading of FMCG, fresh Food Products, and Non-Food Products, including household consumable items, as well as the ownership and management of in-store bakeries.

Bin Dawood Holding (SAU:4161) Headlines

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