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AlSaif Stores for Development and Investment Co (SAU:4192) Gross Margin % : 27.64% (As of Dec. 2023)


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What is AlSaif Stores for Development and Investment Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AlSaif Stores for Development and Investment Co's Gross Profit for the three months ended in Dec. 2023 was ﷼53.3 Mil. AlSaif Stores for Development and Investment Co's Revenue for the three months ended in Dec. 2023 was ﷼192.7 Mil. Therefore, AlSaif Stores for Development and Investment Co's Gross Margin % for the quarter that ended in Dec. 2023 was 27.64%.


The historical rank and industry rank for AlSaif Stores for Development and Investment Co's Gross Margin % or its related term are showing as below:

SAU:4192' s Gross Margin % Range Over the Past 10 Years
Min: 27.91   Med: 29.23   Max: 33.39
Current: 29.24


During the past 3 years, the highest Gross Margin % of AlSaif Stores for Development and Investment Co was 33.39%. The lowest was 27.91%. And the median was 29.23%.

SAU:4192's Gross Margin % is ranked better than
52.08% of 409 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.37 vs SAU:4192: 29.24

AlSaif Stores for Development and Investment Co had a gross margin of 27.64% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for AlSaif Stores for Development and Investment Co was 0.00% per year.


AlSaif Stores for Development and Investment Co Gross Margin % Historical Data

The historical data trend for AlSaif Stores for Development and Investment Co'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.

AlSaif Stores for Development and Investment Co Gross Margin % Chart

AlSaif Stores for Development and Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
33.39 27.91 29.23

AlSaif Stores for Development and Investment Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only 18.59 33.80 25.95 27.51 27.64

Competitive Comparison of AlSaif Stores for Development and Investment Co's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, AlSaif Stores for Development and Investment Co'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.


AlSaif Stores for Development and Investment Co's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AlSaif Stores for Development and Investment Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AlSaif Stores for Development and Investment Co's Gross Margin % falls into.



AlSaif Stores for Development and Investment Co Gross Margin % Calculation

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

AlSaif Stores for Development and Investment Co'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 )
=210.4 / 719.78
=(Revenue - Cost of Goods Sold) / Revenue
=(719.78 - 509.356) / 719.78
=29.23 %

AlSaif Stores for Development and Investment Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=53.3 / 192.731
=(Revenue - Cost of Goods Sold) / Revenue
=(192.731 - 139.456) / 192.731
=27.64 %

* 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.


AlSaif Stores for Development and Investment Co  (SAU:4192) 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

AlSaif Stores for Development and Investment Co had a gross margin of 27.64% for the quarter that ended in Dec. 2023 => 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.


AlSaif Stores for Development and Investment Co Gross Margin % Related Terms

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AlSaif Stores for Development and Investment Co (SAU:4192) Business Description

Traded in Other Exchanges
N/A
Address
Saud bin Abdulaziz bin Mohammed Street, Riyadh Altaawon Distrct Emam, P.O. Box 10448, Riyadh, SAU, 11626
AlSaif Stores for Development and Investment Co operates in the home utensils and appliances retail sector in Saudi Arabia. The company fulfills customer needs such as by providing small home appliances, kitchenware, serveware, and other home accessories.

AlSaif Stores for Development and Investment Co (SAU:4192) Headlines

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