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SALudi Logistics Services Co (SAU:4263) Gross Margin % : 57.67% (As of Mar. 2024)


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What is SALudi Logistics Services Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. SALudi Logistics Services Co's Gross Profit for the three months ended in Mar. 2024 was ﷼261.0 Mil. SALudi Logistics Services Co's Revenue for the three months ended in Mar. 2024 was ﷼452.5 Mil. Therefore, SALudi Logistics Services Co's Gross Margin % for the quarter that ended in Mar. 2024 was 57.67%.


The historical rank and industry rank for SALudi Logistics Services Co's Gross Margin % or its related term are showing as below:

SAU:4263' s Gross Margin % Range Over the Past 10 Years
Min: 48.34   Med: 50.81   Max: 57.67
Current: 57.67


During the past 2 years, the highest Gross Margin % of SALudi Logistics Services Co was 57.67%. The lowest was 48.34%. And the median was 50.81%.

SAU:4263's Gross Margin % is not ranked
in the Transportation industry.
Industry Median: 20.1 vs SAU:4263: 57.67

SALudi Logistics Services Co had a gross margin of 57.67% for the quarter that ended in Mar. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for SALudi Logistics Services Co was 0.00% per year.


SALudi Logistics Services Co Gross Margin % Historical Data

The historical data trend for SALudi Logistics Services 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.

SALudi Logistics Services Co Gross Margin % Chart

SALudi Logistics Services Co Annual Data
Trend Dec22 Dec23
Gross Margin %
48.34 53.28

SALudi Logistics Services Co Quarterly Data
Dec22 Mar23 Dec23 Mar24
Gross Margin % - 52.93 - 57.67

Competitive Comparison of SALudi Logistics Services Co's Gross Margin %

For the Integrated Freight & Logistics subindustry, SALudi Logistics Services 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.


SALudi Logistics Services Co's Gross Margin % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SALudi Logistics Services Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where SALudi Logistics Services Co's Gross Margin % falls into.



SALudi Logistics Services Co Gross Margin % Calculation

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

SALudi Logistics Services 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 )
=775.6 / 1455.712
=(Revenue - Cost of Goods Sold) / Revenue
=(1455.712 - 680.143) / 1455.712
=53.28 %

SALudi Logistics Services Co'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 )
=261 / 452.526
=(Revenue - Cost of Goods Sold) / Revenue
=(452.526 - 191.543) / 452.526
=57.67 %

* 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.


SALudi Logistics Services Co  (SAU:4263) 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

SALudi Logistics Services Co had a gross margin of 57.67% 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.


SALudi Logistics Services Co Gross Margin % Related Terms

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SALudi Logistics Services Co (SAU:4263) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Prince Sultan Road, P.O. Box 23525, Zahran Building, Salamah, Jeddah, SAU, 2661
SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in Saudi Arabia. It creates integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. The company has three streams; Air cargo handling, Terminal handling and logistics solutions. The maximum revenue of the company comes from Terminal Handling.

SALudi Logistics Services Co (SAU:4263) Headlines

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