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Tritium DCFC (Tritium DCFC) Gross Margin % : 2.65% (As of Jun. 2023)


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What is Tritium DCFC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tritium DCFC's Gross Profit for the six months ended in Jun. 2023 was $3.0 Mil. Tritium DCFC's Revenue for the six months ended in Jun. 2023 was $111.9 Mil. Therefore, Tritium DCFC's Gross Margin % for the quarter that ended in Jun. 2023 was 2.65%.


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

DCFCQ' s Gross Margin % Range Over the Past 10 Years
Min: -3.39   Med: -2.14   Max: -1.98
Current: -2.21


During the past 4 years, the highest Gross Margin % of Tritium DCFC was -1.98%. The lowest was -3.39%. And the median was -2.14%.

DCFCQ's Gross Margin % is ranked worse than
97.27% of 2930 companies
in the Industrial Products industry
Industry Median: 26.545 vs DCFCQ: -2.21

Tritium DCFC had a gross margin of 2.65% for the quarter that ended in Jun. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tritium DCFC was 0.00% per year.


Tritium DCFC Gross Margin % Historical Data

The historical data trend for Tritium DCFC'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.

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Tritium DCFC Gross Margin % Chart

Tritium DCFC Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Gross Margin %
-2.07 -3.39 -1.98 -2.21

Tritium DCFC Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Gross Margin % Get a 7-Day Free Trial -13.18 6.20 -18.14 -9.70 2.65

Competitive Comparison of Tritium DCFC's Gross Margin %

For the Electrical Equipment & Parts subindustry, Tritium DCFC'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.


Tritium DCFC's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tritium DCFC's Gross Margin % distribution charts can be found below:

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



Tritium DCFC Gross Margin % Calculation

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

Tritium DCFC's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=-4.1 / 184.544
=(Revenue - Cost of Goods Sold) / Revenue
=(184.544 - 188.627) / 184.544
=-2.21 %

Tritium DCFC's Gross Margin for the quarter that ended in Jun. 2023 is calculated as


Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=3 / 111.9
=(Revenue - Cost of Goods Sold) / Revenue
=(111.9 - 108.938) / 111.9
=2.65 %

* 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.


Tritium DCFC  (OTCPK:DCFCQ) 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

Tritium DCFC had a gross margin of 2.65% for the quarter that ended in Jun. 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.


Tritium DCFC Gross Margin % Related Terms

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


Tritium DCFC (Tritium DCFC) Business Description

Traded in Other Exchanges
N/A
Address
48 Miller Street Murarrie, Murarrie, QLD, AUS, 4172
Tritium DCFC Ltd designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. The company's segment includes Hardware and Service and Maintenance. It generates maximum revenue from the Hardware segment. Geographically, it derives a majority of its revenue from the Netherlands.