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Merus Labs International (Merus Labs International) Gross Profit : $51.61 Mil (TTM As of Mar. 2017)


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What is Merus Labs International Gross Profit?

Merus Labs International's gross profit for the three months ended in Mar. 2017 was $10.62 Mil. Merus Labs International's gross profit for the trailing twelve months (TTM) ended in Mar. 2017 was $51.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Merus Labs International's gross profit for the three months ended in Mar. 2017 was $10.62 Mil. Merus Labs International's Revenue for the three months ended in Mar. 2017 was $16.92 Mil. Therefore, Merus Labs International's Gross Margin % for the quarter that ended in Mar. 2017 was 62.80%.

Merus Labs International had a gross margin of 62.80% for the quarter that ended in Mar. 2017 => Durable competitive advantage


Merus Labs International Gross Profit Historical Data

The historical data trend for Merus Labs International'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.

* Premium members only.

Merus Labs International Gross Profit Chart

Merus Labs International Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.58 25.08 19.67 31.23 46.64

Merus Labs International 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 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 10.30 13.06 14.47 13.46 10.62

Competitive Comparison of Merus Labs International's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Merus Labs International'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.


Merus Labs International's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Merus Labs International's Gross Profit distribution charts can be found below:

* The bar in red indicates where Merus Labs International's Gross Profit falls into.



Merus Labs International Gross Profit Calculation

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

Merus Labs International's Gross Profit for the fiscal year that ended in Sep. 2016 is calculated as

Gross Profit (A: Sep. 2016 )=Revenue - Cost of Goods Sold
=69.481 - 22.839
=46.64

Merus Labs International's Gross Profit for the quarter that ended in Mar. 2017 is calculated as

Gross Profit (Q: Mar. 2017 )=Revenue - Cost of Goods Sold
=16.918 - 6.294
=10.62

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 $51.61 Mil.

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

Merus Labs International's Gross Margin % for the quarter that ended in Mar. 2017 is calculated as

Gross Margin % (Q: Mar. 2017 )=Gross Profit (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=10.62 / 16.918
=62.80 %

* 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.


Merus Labs International  (NAS:MSLI) 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

Merus Labs International had a gross margin of 62.80% for the quarter that ended in Mar. 2017 => Durable competitive advantage


Merus Labs International Gross Profit Related Terms

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Merus Labs International (Merus Labs International) Business Description

Traded in Other Exchanges
N/A
Address
Merus Labs International Inc was incorporated on October 1, 2012 in British Columbia. The Company is a specialty pharmaceutical company. It acquires prescription medicines in various categories which include on patent but at maturity stage of product life cycle; branded generics; under promoted products; Niche market pharmaceuticals; and products with annual sales below critical threshold for large pharma. The Company competes with multinational pharmaceutical development corporations to small, single product companies that may limit their activities to a particular therapeutic area or region or territory.

Merus Labs International (Merus Labs International) Headlines