GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nitches Inc (OTCPK:NICH) » Definitions » Operating Margin %

Nitches (Nitches) Operating Margin % : 2,920.00% (As of Feb. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Nitches Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Nitches's Operating Income for the three months ended in Feb. 2024 was $0.15 Mil. Nitches's Revenue for the three months ended in Feb. 2024 was $0.01 Mil. Therefore, Nitches's Operating Margin % for the quarter that ended in Feb. 2024 was 2,920.00%.

The historical rank and industry rank for Nitches's Operating Margin % or its related term are showing as below:

NICH' s Operating Margin % Range Over the Past 10 Years
Min: -83000   Med: 0.26   Max: 7.38
Current: -3500


NICH's Operating Margin % is ranked worse than
99.33% of 1047 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.8 vs NICH: -3500.00

Nitches's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Nitches's Operating Income for the three months ended in Feb. 2024 was $0.15 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.21 Mil.

Warning Sign:

Nitches Inc had lost money in 75% of the time over the past 12quarters.


Nitches Operating Margin % Historical Data

The historical data trend for Nitches's Operating 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.

Nitches Operating Margin % Chart

Nitches Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug22 Aug23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.08 1.98 -0.31 -83,000.00 -10,900.00

Nitches Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Operating 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 -5,400.00 -21,500.00 - - 2,920.00

Competitive Comparison of Nitches's Operating Margin %

For the Apparel Manufacturing subindustry, Nitches's Operating Margin %, along with its competitors' market caps and Operating 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.


Nitches's Operating Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Nitches's Operating Margin % falls into.



Nitches Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Nitches's Operating Margin % for the fiscal year that ended in Aug. 2023 is calculated as

Operating Margin %=Operating Income (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=-0.436 / 0.004
=-10,900.00 %

Nitches's Operating Margin % for the quarter that ended in Feb. 2024 is calculated as

Operating Margin %=Operating Income (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0.146 / 0.005
=2,920.00 %

* 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.


Nitches  (OTCPK:NICH) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Nitches Operating Margin % Related Terms

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


Nitches (Nitches) Business Description

Traded in Other Exchanges
N/A
Address
1333 N Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is focused on distribution and production of household, lifestyle, travel & leisure, and sports goods and clothing, with a long-term objective of bringing sustainable business practices to the supply chain for these products. The company is in the business of wholesale manufactured goods and white-labels them under the brand names of their Social Media Partners and also distributes them in an online department store, where its social media partners can sell their respective white labeled merchandise to their audience.
Executives
T. Jefferson Straub director C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Eitan X. Haber officer: COO & Senior VP C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Haresh Tharani 10 percent owner 1400 BROADWAY, 33RD FLOOR, NEW YORK NY 10018
Paul M Wyandt director, officer: President & COO 10445 ABALONE LANDING, SAN DIEGO CA 92130
Price Eugene B Ii director
Michael D Sholtis director 10280 CAMINO SANTA FE, SAN DIEGO CA 92121