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Clarus (FRA:BDO) Gross Margin % : -99.57% (As of Dec. 2023)


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What is Clarus Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Clarus's Gross Profit for the three months ended in Dec. 2023 was €-4.4 Mil. Clarus's Revenue for the three months ended in Dec. 2023 was €4.4 Mil. Therefore, Clarus's Gross Margin % for the quarter that ended in Dec. 2023 was -99.57%.


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

FRA:BDO' s Gross Margin % Range Over the Past 10 Years
Min: 29.48   Med: 34.8   Max: 36.4
Current: 34.09


During the past 13 years, the highest Gross Margin % of Clarus was 36.40%. The lowest was 29.48%. And the median was 34.80%.

FRA:BDO's Gross Margin % is ranked worse than
64.75% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.225 vs FRA:BDO: 34.09

Clarus had a gross margin of -99.57% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Clarus was -0.50% per year.


Clarus Gross Margin % Historical Data

The historical data trend for Clarus'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.

Clarus Gross Margin % Chart

Clarus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.99 34.73 33.04 34.88 34.09

Clarus Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 60.70 36.99 36.73 35.52 -99.57

Competitive Comparison of Clarus's Gross Margin %

For the Leisure subindustry, Clarus'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.


Clarus's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Gross Margin % distribution charts can be found below:

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



Clarus Gross Margin % Calculation

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

Clarus'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 )
=89.4 / 262.28
=(Revenue - Cost of Goods Sold) / Revenue
=(262.28 - 172.862) / 262.28
=34.09 %

Clarus'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 )
=-4.4 / 4.432
=(Revenue - Cost of Goods Sold) / Revenue
=(4.432 - 8.845) / 4.432
=-99.57 %

* 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.


Clarus  (FRA:BDO) 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

Clarus had a gross margin of -99.57% for the quarter that ended in Dec. 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.


Clarus Gross Margin % Related Terms

Thank you for viewing the detailed overview of Clarus's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Clarus (FRA:BDO) Business Description

Traded in Other Exchanges
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment which includes Black Diamond Equipment, PIEPS, and SKINourishment. Precision Sports segment, formerly known as Sierra segment, which includes Sierra and Barnes, includes two iconic American manufacturers of a wide range of high-performance bullets and ammunition for both rifles and pistols. The adventure segment includes Rhino-Rack and MAXTRAX. It derives the majority of its revenue from the Outdoor segment.

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