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Futuris Co (Futuris Co) Gross Margin % : 18.23% (As of Jul. 2020)


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What is Futuris Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Futuris Co's Gross Profit for the six months ended in Jul. 2020 was $0.19 Mil. Futuris Co's Revenue for the six months ended in Jul. 2020 was $1.04 Mil. Therefore, Futuris Co's Gross Margin % for the quarter that ended in Jul. 2020 was 18.23%.


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


FTRS's Gross Margin % is not ranked *
in the Business Services industry.
Industry Median: 34.38
* Ranked among companies with meaningful Gross Margin % only.

Futuris Co had a gross margin of 18.23% for the quarter that ended in Jul. 2020 => No sustainable competitive advantage

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

Futuris Co Gross Margin % Historical Data

The historical data trend for Futuris 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.

Futuris Co Gross Margin % Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Gross Margin %
Get a 7-Day Free Trial - - -100.00 - 18.23

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Gross Margin % Get a 7-Day Free Trial - - -100.00 - 18.23

Competitive Comparison of Futuris Co's Gross Margin %

For the Staffing & Employment Services subindustry, Futuris 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.

Futuris Co's Gross Margin % Distribution in the Business Services Industry

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

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


Futuris Co Gross Margin % Calculation

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

Futuris Co's Gross Margin for the fiscal year that ended in Jul. 2020 is calculated as

Gross Margin % (A: Jul. 2020 )=Gross Profit (A: Jul. 2020 ) / Revenue (A: Jul. 2020 )
=0.2 / 1.042
=(Revenue - Cost of Goods Sold) / Revenue
=(1.042 - 0.852) / 1.042
=18.23 %

Futuris Co's Gross Margin for the quarter that ended in Jul. 2020 is calculated as


Gross Margin % (Q: Jul. 2020 )=Gross Profit (Q: Jul. 2020 ) / Revenue (Q: Jul. 2020 )
=0.2 / 1.042
=(Revenue - Cost of Goods Sold) / Revenue
=(1.042 - 0.852) / 1.042
=18.23 %

* 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.

Futuris Co  (OTCPK:FTRS) 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

Futuris Co had a gross margin of 18.23% for the quarter that ended in Jul. 2020 => 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.

Futuris Co Gross Margin % Related Terms

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Futuris Co (Futuris Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » Gross Margin %
Comparable Companies
WAR:HRC NSE:DYNAMIC OSTO:NJOB GXXM BOM:539697 NSE:ACEINTEG XAMS:MORE ASX:HMI LSE:RTC XAMS:DPA
Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Website
https://www.futuris.company
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.