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Corin Group (LSE:CRG) Gross Margin % : 0.00% (As of Jun. 2012)


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What is Corin Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Corin Group's Gross Profit for the three months ended in Jun. 2012 was £0.00 Mil. Corin Group's Revenue for the three months ended in Jun. 2012 was £0.00 Mil. Therefore, Corin Group's Gross Margin % for the quarter that ended in Jun. 2012 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Corin Group's Gross Margin % or its related term are showing as below:

LSE:CRG' s Gross Margin % Range Over the Past 10 Years
Min: 49.52   Med: 64.33   Max: 71.5
Current: 63.98

During the past 13 years, the highest Gross Margin % of Corin Group was 71.50%. The lowest was 49.52%. And the median was 64.33%.

LSE:CRG's Gross Margin % is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 53.135 vs LSE:CRG: 63.98

Corin Group had a gross margin of N/A% for the quarter that ended in Jun. 2012 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Corin Group was 0.00% per year.

Corin Group Gross Margin % Historical Data

The historical data trend for Corin Group's Gross Margin % 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.

Corin Group Gross Margin % Chart

Corin Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.54 49.52 64.33 63.61 63.98

Corin Group Quarterly Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Gross Margin % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Corin Group's Gross Margin %

For the Medical Devices subindustry, Corin Group'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.

Corin Group's Gross Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Corin Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Corin Group's Gross Margin % falls into.


Corin Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Corin Group's Gross Margin for the fiscal year that ended in Dec. 2011 is calculated as

Gross Margin % (A: Dec. 2011 )=Gross Profit (A: Dec. 2011 ) / Revenue (A: Dec. 2011 )
=30.6 / 47.875
=(Revenue - Cost of Goods Sold) / Revenue
=(47.875 - 17.243) / 47.875
=63.98 %

Corin Group's Gross Margin for the quarter that ended in Jun. 2012 is calculated as


Gross Margin % (Q: Jun. 2012 )=Gross Profit (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.

Corin Group  (LSE:CRG) 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

Corin Group had a gross margin of N/A% for the quarter that ended in Jun. 2012 => No sustainable 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.

Corin Group Gross Margin % Related Terms

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