Avance Gas Holding Ltd (AVACF)
18.74
+0.33
(+1.77%)
USD |
OTCM |
May 17, 12:37
Avance Gas Gross Profit Margin (Quarterly): 70.54% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 70.54% |
| December 31, 2023 | 58.22% |
| September 30, 2023 | 60.94% |
| June 30, 2023 | 60.35% |
| March 31, 2023 | 67.24% |
| December 31, 2022 | 42.71% |
| September 30, 2022 | 50.48% |
| June 30, 2022 | 49.73% |
| March 31, 2022 | 52.24% |
| December 31, 2021 | 13.83% |
| September 30, 2021 | 42.69% |
| June 30, 2021 | 37.76% |
| March 31, 2021 | 57.04% |
| December 31, 2020 | 29.91% |
| September 30, 2020 | 39.57% |
| June 30, 2020 | 47.64% |
| March 31, 2020 | 49.47% |
| December 31, 2019 | 48.53% |
| September 30, 2019 | 61.55% |
| June 30, 2019 | 48.97% |
| March 31, 2019 | 12.27% |
| December 31, 2018 | 21.87% |
| Date | Value |
|---|---|
| September 30, 2018 | 25.12% |
| June 30, 2018 | -4.43% |
| March 31, 2018 | 16.15% |
| December 31, 2017 | -11.89% |
| September 30, 2017 | -4.53% |
| June 30, 2017 | 21.50% |
| March 31, 2017 | 10.89% |
| December 31, 2016 | -17.76% |
| September 30, 2016 | 9.45% |
| June 30, 2016 | 28.54% |
| March 31, 2016 | 63.24% |
| December 31, 2015 | 41.06% |
| September 30, 2015 | 85.90% |
| June 30, 2015 | 86.21% |
| March 31, 2015 | 82.93% |
| August 31, 2014 | 81.27% |
| May 31, 2014 | 76.34% |
| February 28, 2014 | 65.54% |
| November 30, 2013 | 70.19% |
| August 31, 2013 | 68.89% |
| May 31, 2013 | 50.68% |
| February 28, 2013 | 53.14% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
13.83%
Minimum
Dec 2021
70.54%
Maximum
Mar 2024
49.47%
Average
49.60%
Median
Gross Profit Margin (Quarterly) Benchmarks
| DHT Holdings Inc | 40.86% |
| Golar LNG Ltd | 53.43% |
| Nabors Industries Ltd | 18.94% |
| Teekay Corp | 39.91% |
| Borr Drilling Ltd | 86.04% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 44.33% |
| Return on Assets | 23.55% |
| Return on Invested Capital | 25.92% |
| Operating Margin (Quarterly) | 60.88% |
| Return on Net Operating Assets | 29.33% |