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Wireless Xcessories Group (Wireless Xcessories Group) Gross Margin % : 33.48% (As of Dec. 2007)


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What is Wireless Xcessories Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wireless Xcessories Group's Gross Profit for the three months ended in Dec. 2007 was $1.78 Mil. Wireless Xcessories Group's Revenue for the three months ended in Dec. 2007 was $5.33 Mil. Therefore, Wireless Xcessories Group's Gross Margin % for the quarter that ended in Dec. 2007 was 33.48%.


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


WIRX's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.34
* Ranked among companies with meaningful Gross Margin % only.

Wireless Xcessories Group had a gross margin of 33.48% for the quarter that ended in Dec. 2007 => Competition eroding margins

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


Wireless Xcessories Group Gross Margin % Historical Data

The historical data trend for Wireless Xcessories 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.

Wireless Xcessories Group Gross Margin % Chart

Wireless Xcessories Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.92 44.61 38.06 32.31 34.03

Wireless Xcessories Group Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Gross Margin % 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 29.69 34.88 32.02 36.03 33.48

Competitive Comparison of Wireless Xcessories Group's Gross Margin %

For the Communication Equipment subindustry, Wireless Xcessories 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.


Wireless Xcessories Group's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wireless Xcessories Group's Gross Margin % distribution charts can be found below:

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



Wireless Xcessories Group Gross Margin % Calculation

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

Wireless Xcessories Group's Gross Margin for the fiscal year that ended in Dec. 2007 is calculated as

Gross Margin % (A: Dec. 2007 )=Gross Profit (A: Dec. 2007 ) / Revenue (A: Dec. 2007 )
=7.7 / 22.503
=(Revenue - Cost of Goods Sold) / Revenue
=(22.503 - 14.845) / 22.503
=34.03 %

Wireless Xcessories Group's Gross Margin for the quarter that ended in Dec. 2007 is calculated as


Gross Margin % (Q: Dec. 2007 )=Gross Profit (Q: Dec. 2007 ) / Revenue (Q: Dec. 2007 )
=1.8 / 5.329
=(Revenue - Cost of Goods Sold) / Revenue
=(5.329 - 3.545) / 5.329
=33.48 %

* 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.


Wireless Xcessories Group  (OTCPK:WIRX) 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

Wireless Xcessories Group had a gross margin of 33.48% for the quarter that ended in Dec. 2007 => Competition eroding margins


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.


Wireless Xcessories Group Gross Margin % Related Terms

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Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Traded in Other Exchanges
N/A
Address
1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006
Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.
Executives
Brazdley T Macdonald director 3316 SERENITY WAY, OWINGS MILLS MD 21117

Wireless Xcessories Group (Wireless Xcessories Group) Headlines

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