Agent Information Software (Agent Information Software) Gross Margin % : 40.48% (As of Dec. 2003)

Agent Information Software Gross Margin % Chart

Agent Information Software Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03
Gross Margin %	Get a 7-Day Free Trial												36.48	44.01	43.32	39.75	40.48

Competitive Comparison of Agent Information Software's Gross Margin %

For the Software - Application subindustry, Agent Information Software's Gross Margin %, along with its competitors' market caps and Gross 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.

Agent Information Software's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, Agent Information Software's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Agent Information Software's Gross Margin % falls into.

Agent Information Software Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Agent Information Software's Gross Margin for the fiscal year that ended in Dec. 2003 is calculated as

Agent Information Software's Gross Margin for the quarter that ended in Dec. 2003 is calculated as

* 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.

Agent Information Software  (OTCPK:AIFS) Gross Margin % 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

Agent Information Software had a gross margin of 40.48% for the quarter that ended in Dec. 2003 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Agent Information Software Gross Margin % Related Terms

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Agent Information Software (Agent Information Software) Business Description