Span-America Medical Systems (Span-America Medical Systems) Gross Profit : $23.04 Mil (TTM As of Mar. 2017)

Span-America Medical Systems Gross Profit Chart

Span-America Medical Systems Annual Data
	Trend	Sep07	Sep08	Sep09	Sep10	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16
Gross Profit		Get a 7-Day Free Trial					23.52	23.56	18.79	21.64	22.28

Span-America Medical Systems Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Gross Profit	Get a 7-Day Free Trial															5.19	5.65	5.95	5.57	5.86

Competitive Comparison of Span-America Medical Systems's Gross Profit

For the Medical Devices subindustry, Span-America Medical Systems's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Span-America Medical Systems's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Span-America Medical Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Span-America Medical Systems's Gross Profit falls into.

Span-America Medical Systems Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Span-America Medical Systems's Gross Profit for the fiscal year that ended in Sep. 2016 is calculated as

Span-America Medical Systems's Gross Profit for the quarter that ended in Mar. 2017 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.04 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Span-America Medical Systems's Gross Margin % for the quarter that ended in Mar. 2017 is calculated as

* 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.

Span-America Medical Systems  (NAS:SPAN) Gross Profit 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

Span-America Medical Systems had a gross margin of 38.49% for the quarter that ended in Mar. 2017 => Competition eroding margins

Span-America Medical Systems Gross Profit Related Terms

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Span-America Medical Systems (Span-America Medical Systems) Business Description