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Viskase (Viskase) Gross Profit : $22.2 Mil (TTM As of Sep. 2023)


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What is Viskase Gross Profit?

Viskase's gross profit for the three months ended in Sep. 2023 was $22.2 Mil. Viskase's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was $22.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Viskase's gross profit for the three months ended in Sep. 2023 was $22.2 Mil. Viskase's Revenue for the three months ended in Sep. 2023 was $104.7 Mil. Therefore, Viskase's Gross Margin % for the quarter that ended in Sep. 2023 was 21.17%.

Viskase had a gross margin of 21.17% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Viskase was 26.38%. The lowest was 20.13%. And the median was 24.56%.

Warning Sign:

Viskase Companies Inc gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Viskase Gross Profit Historical Data

The historical data trend for Viskase'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.

Viskase Gross Profit Chart

Viskase Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.94 84.69 81.25 95.88 79.57

Viskase Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 25.00 21.38 13.38 18.17 22.17

Competitive Comparison of Viskase's Gross Profit

For the Packaging & Containers subindustry, Viskase'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.


Viskase's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Viskase's Gross Profit distribution charts can be found below:

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



Viskase Gross Profit Calculation

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

Viskase's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=395.329 - 315.764
=79.6

Viskase's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=104.724 - 82.558
=22.2

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.2 Mil.

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

Viskase's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=22.2 / 104.724
=21.17 %

* 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.


Viskase  (OTCPK:VKSC) 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

Viskase had a gross margin of 21.17% for the quarter that ended in Sep. 2023 => Competition eroding margins


Viskase Gross Profit Related Terms

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Viskase (Viskase) Business Description

Traded in Other Exchanges
N/A
Address
333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

From GuruFocus

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By GuruFocus Research 02-15-2024