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PSAV (PSAV) Gross Profit : $227.21 Mil (TTM As of Mar. 2016)


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What is PSAV Gross Profit?

PSAV's gross profit for the three months ended in Mar. 2016 was $67.97 Mil. PSAV's gross profit for the trailing twelve months (TTM) ended in Mar. 2016 was $227.21 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PSAV's gross profit for the three months ended in Mar. 2016 was $67.97 Mil. PSAV's Revenue for the three months ended in Mar. 2016 was $396.88 Mil. Therefore, PSAV's Gross Margin % for the quarter that ended in Mar. 2016 was 17.13%.

PSAV had a gross margin of 17.13% for the quarter that ended in Mar. 2016 => No sustainable competitive advantage


PSAV Gross Profit Historical Data

The historical data trend for PSAV's Gross Profit 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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PSAV Gross Profit Chart

PSAV Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Gross Profit
99.31 166.50 - 222.09

PSAV Quarterly Data
Dec12 Dec13 Mar15 Jun15 Sep15 Dec15 Mar16
Gross Profit Get a 7-Day Free Trial 62.85 72.11 28.62 58.51 67.97

Competitive Comparison of PSAV's Gross Profit

For the Broadcasting subindustry, PSAV'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.


PSAV's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSAV's Gross Profit distribution charts can be found below:

* The bar in red indicates where PSAV's Gross Profit falls into.


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PSAV Gross Profit Calculation

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

PSAV's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

Gross Profit (A: Dec. 2015 )=Revenue - Cost of Goods Sold
=1487.17 - 1265.083
=222.09

PSAV's Gross Profit for the quarter that ended in Mar. 2016 is calculated as

Gross Profit (Q: Mar. 2016 )=Revenue - Cost of Goods Sold
=396.879 - 328.907
=67.97

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $227.21 Mil.

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

PSAV's Gross Margin % for the quarter that ended in Mar. 2016 is calculated as

Gross Margin % (Q: Mar. 2016 )=Gross Profit (Q: Mar. 2016 ) / Revenue (Q: Mar. 2016 )
=(Revenue - Cost of Goods Sold) / Revenue
=67.97 / 396.879
=17.13 %

* 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.


PSAV  (NYSE:PSAV) 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

PSAV had a gross margin of 17.13% for the quarter that ended in Mar. 2016 => No sustainable competitive advantage


PSAV Gross Profit Related Terms

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PSAV Business Description

Traded in Other Exchanges
N/A
Address
PSAV Inc was incorporated in Delaware on August 11, 2015. The Company along with its subsidiaries provides event technology services. The Company provides services including audiovisual services, equipment rental, staging and meeting services, communication systems, and related technical support to its customers in various venues, including hotels and convention centers. The Company's Video technology includes front and rear projection from large format HD high lumen projection to boardroom-style projectors, playback systems, image magnification, digital capture, cameras and display systems, including LED displays and video walls; Rigging Solutions include design and installation of permanently installed rig points in meeting venues, day-to-day deployment of rigging systems to safely transform meeting and event spaces for larger and more sophisticated set and lighting designs and certified trainers and inspectors; Wi-Fi Solutions include managing venues' entire network to provide customers secure and reliable wired and wireless solutions; Staging includes collections of custom screens and the ability to provide concert sound, broadcast quality projection, seasoned stage producers, and CAD drawing; Creative Services including Thematic creation, PowerPoint display, video creation, & stage sets; Mobile Device Applications tailored to the specific events that provide the schedule of events, maps, sponsors and detailed information on the host customer; Video Mapping / Simultaneous Translation; Virtual Meetings and Events; Event Consultation and Support, Power Distribution Solutions including streamlining of special event power distribution for event and production power across events, meeting rooms and trade shows; Audio including microphone and sound solutions with digital mixers, wireless microphones, networked audio and proprietary software to control live sound systems; and Lighting including speaker and stage lighting, intelligent lighting and decorative and theatrical lighting through gel lights and LED lights. The Company operates in two segments including Domestic and International. The Domestic segment provides services to customers throughout the United States and Puerto Rico; and is provider of event technology services at approximately over 1,000 hotel properties and other event venues. The International segment provides services to its customers in Canada, Mexico, the Caribbean, Europe and the Middle East, in addition to providing non-venue based services in Asia; and provides event technology services at approximately over 300 international hotel properties and other event venues. The Company's customers include corporations, event organizers, trade associations and meeting planners. The Company faces competition from Freeman Company.

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