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Invitro International (Invitro International) Gross Margin % : 43.65% (As of Jun. 2097)


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What is Invitro International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Invitro International's Gross Profit for the three months ended in Jun. 2097 was $0.08 Mil. Invitro International's Revenue for the three months ended in Jun. 2097 was $0.18 Mil. Therefore, Invitro International's Gross Margin % for the quarter that ended in Jun. 2097 was 43.65%.


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


IVRO's Gross Margin % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 46.64
* Ranked among companies with meaningful Gross Margin % only.

Invitro International had a gross margin of 43.65% for the quarter that ended in Jun. 2097 => Durable competitive advantage

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


Invitro International Gross Margin % Historical Data

The historical data trend for Invitro International'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.

Invitro International Gross Margin % Chart

Invitro International Annual Data
Trend Feb90 Feb91 Sep92 Sep93 Sep94 Sep95 Sep96
Gross Margin %
Get a 7-Day Free Trial 57.14 57.89 52.94 45.45 54.55

Invitro International Quarterly Data
Sep92 Dec92 Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97
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 45.57 103.82 - 35.98 43.65

Competitive Comparison of Invitro International's Gross Margin %

For the Diagnostics & Research subindustry, Invitro International'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.


Invitro International's Gross Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Invitro International's Gross Margin % distribution charts can be found below:

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



Invitro International Gross Margin % Calculation

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

Invitro International's Gross Margin for the fiscal year that ended in Sep. 2096 is calculated as

Gross Margin % (A: Sep. 2096 )=Gross Profit (A: Sep. 2096 ) / Revenue (A: Sep. 2096 )
=0.6 / 1.1
=(Revenue - Cost of Goods Sold) / Revenue
=(1.1 - 0.5) / 1.1
=54.55 %

Invitro International's Gross Margin for the quarter that ended in Jun. 2097 is calculated as


Gross Margin % (Q: Jun. 2097 )=Gross Profit (Q: Jun. 2097 ) / Revenue (Q: Jun. 2097 )
=0.1 / 0.181
=(Revenue - Cost of Goods Sold) / Revenue
=(0.181 - 0.102) / 0.181
=43.65 %

* 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.


Invitro International  (OTCPK:IVRO) 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

Invitro International had a gross margin of 43.65% for the quarter that ended in Jun. 2097 => 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.


Invitro International Gross Margin % Related Terms

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Invitro International (Invitro International) Business Description

Traded in Other Exchanges
N/A
Address
330 East Orangethorpe Avenue, Suite D, Placentia, CA, USA, 92870
Invitro International is a provider of non-animal testing methods. The company develops and commercializes test kits and laboratory services. Its testing technologies are designed to produce data regarding corrosivity, or ocular/dermal irritation, which correlate with animal and human test results. Its products and services include Irritection, Corrositex, and Lab Services. The company provides its products to various industries such as cosmetics, personal care, household products, textiles, pharmaceuticals, chemicals, and hazardous waste transportation. The majority of its revenue is generated from the United States and it also exports to other countries.