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Universal Security Instruments (Universal Security Instruments) Gross Profit : $6.19 Mil (TTM As of Dec. 2023)


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What is Universal Security Instruments Gross Profit?

Universal Security Instruments's gross profit for the three months ended in Dec. 2023 was $1.50 Mil. Universal Security Instruments's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $6.19 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Universal Security Instruments's gross profit for the three months ended in Dec. 2023 was $1.50 Mil. Universal Security Instruments's Revenue for the three months ended in Dec. 2023 was $4.66 Mil. Therefore, Universal Security Instruments's Gross Margin % for the quarter that ended in Dec. 2023 was 32.27%.

Universal Security Instruments had a gross margin of 32.27% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Universal Security Instruments was 32.19%. The lowest was 22.59%. And the median was 29.05%.


Universal Security Instruments Gross Profit Historical Data

The historical data trend for Universal Security Instruments'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.

Universal Security Instruments Gross Profit Chart

Universal Security Instruments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.55 3.76 5.64 6.03 6.35

Universal Security Instruments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.70 1.67 1.71 1.31 1.50

Competitive Comparison of Universal Security Instruments's Gross Profit

For the Security & Protection Services subindustry, Universal Security Instruments'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.


Universal Security Instruments's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Universal Security Instruments's Gross Profit distribution charts can be found below:

* The bar in red indicates where Universal Security Instruments's Gross Profit falls into.



Universal Security Instruments Gross Profit Calculation

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

Universal Security Instruments's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=22.179 - 15.829
=6.35

Universal Security Instruments's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=4.655 - 3.153
=1.50

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.19 Mil.

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

Universal Security Instruments's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.50 / 4.655
=32.27 %

* 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.


Universal Security Instruments  (AMEX:UUU) 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

Universal Security Instruments had a gross margin of 32.27% for the quarter that ended in Dec. 2023 => Competition eroding margins


Universal Security Instruments Gross Profit Related Terms

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Universal Security Instruments (Universal Security Instruments) Business Description

Traded in Other Exchanges
N/A
Address
11407 Cronhill Drive, Suite A, Owings Mills, MD, USA, 21117
Universal Security Instruments Inc is a U.S based manufacturer and distributor of safety and security devices in the Peoples Republic of China . The company markets a line of residential smoke and carbon monoxide alarms under the trade names UNIVERSAL and USI Electric. It also markets products to the electrical distribution trade such as electrical and lighting distributors as well as manufactured housing companies. Its product portfolio consists of smoke and fire alarms, carbon monoxide alarms, multi-gas alarms, universal smoke sensing technology, and plug-in alarms.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
North Star Investment Management Corp. other: SEE NOTE 2 BELOW 20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
North Star Micro Cap Fund 10 percent owner 80 ARKAY DRIVE, SUITE 110, HAUPPAUGE NY 11788
Ira Bormel director 11407 CRONHILL DRIVE, SUITE A, OWINGS MILLS MD 21117
Harvey B Grossblatt director, officer: President, CEO 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Ronald A Seff director 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Howard B Silverman director 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Cary Luskin director 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Michael L Kovens 10 percent owner 6 REGENCY CT, BALTIMORE MD 21208
James Ballard Huff officer: Chief Financial Officer 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Ronald S Lazarus 10 percent owner 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117
Stephen C Knepper director, 10 percent owner, officer: Chairman, CEO 7-A GWYNNS MILL COURT, OWINGS MILLS MD 21117

Universal Security Instruments (Universal Security Instruments) Headlines

From GuruFocus

Universal Security Instruments Reports Second-Quarter Results

By PRNewswire PRNewswire 11-18-2021