GURUFOCUS.COM » STOCK LIST » Technology » Software » WebCash Corp (XKRX:053580) » Definitions » Gross Margin %

WebCash (XKRX:053580) Gross Margin % : 92.73% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is WebCash Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. WebCash's Gross Profit for the three months ended in Dec. 2023 was ₩18,162 Mil. WebCash's Revenue for the three months ended in Dec. 2023 was ₩19,586 Mil. Therefore, WebCash's Gross Margin % for the quarter that ended in Dec. 2023 was 92.73%.


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

XKRX:053580' s Gross Margin % Range Over the Past 10 Years
Min: 94.53   Med: 96.95   Max: 97.81
Current: 95.85


During the past 10 years, the highest Gross Margin % of WebCash was 97.81%. The lowest was 94.53%. And the median was 96.95%.

XKRX:053580's Gross Margin % is ranked better than
96.88% of 2631 companies
in the Software industry
Industry Median: 41.74 vs XKRX:053580: 95.85

WebCash had a gross margin of 92.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for WebCash was 0.30% per year.


WebCash Gross Margin % Historical Data

The historical data trend for WebCash'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.

WebCash Gross Margin % Chart

WebCash Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.07 96.83 97.53 97.81 95.85

WebCash Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 94.43 99.86 97.76 93.29 92.73

Competitive Comparison of WebCash's Gross Margin %

For the Software - Infrastructure subindustry, WebCash'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.


WebCash's Gross Margin % Distribution in the Software Industry

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

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



WebCash Gross Margin % Calculation

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

WebCash's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=70529.6 / 73580.456
=(Revenue - Cost of Goods Sold) / Revenue
=(73580.456 - 3050.857) / 73580.456
=95.85 %

WebCash'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 )
=18162.2 / 19585.712
=(Revenue - Cost of Goods Sold) / Revenue
=(19585.712 - 1423.504) / 19585.712
=92.73 %

* 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.


WebCash  (XKRX:053580) 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

WebCash had a gross margin of 92.73% for the quarter that ended in Dec. 2023 => 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.


WebCash Gross Margin % Related Terms

Thank you for viewing the detailed overview of WebCash's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


WebCash (XKRX:053580) Business Description

Traded in Other Exchanges
N/A
Address
20 Younghinro Road, 220 KN Digital Tower, Yeongdeungpo-gu, Seoul, KOR, 02284
WebCash Corp is a South Korea based company involved in providing business software solutions. Its Webpage B2B pin tech platform is a corporate finance contact platform connecting ERP to all financial institutions and corporations. The company also provides Small Business Accounting Professional Software named Accounting Country.

WebCash (XKRX:053580) Headlines

No Headlines