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Converge Information And Communications Technology Solutions (PHS:CNVRG) Gross-Profit-to-Asset % : 24.46% (As of Mar. 2024)


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What is Converge Information And Communications Technology Solutions Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Converge Information And Communications Technology Solutions's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₱24,835 Mil. Converge Information And Communications Technology Solutions's average Total Assets over the quarter that ended in Mar. 2024 was ₱101,548 Mil. Therefore, Converge Information And Communications Technology Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 24.46%.


Converge Information And Communications Technology Solutions Gross-Profit-to-Asset % Historical Data

The historical data trend for Converge Information And Communications Technology Solutions's Gross-Profit-to-Asset % 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.

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Converge Information And Communications Technology Solutions Gross-Profit-to-Asset % Chart

Converge Information And Communications Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 21.42 19.55 23.05 22.51 22.73

Converge Information And Communications Technology Solutions Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 23.35 22.96 21.89 20.88 24.46

Competitive Comparison of Converge Information And Communications Technology Solutions's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Converge Information And Communications Technology Solutions's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Converge Information And Communications Technology Solutions's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Converge Information And Communications Technology Solutions's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Converge Information And Communications Technology Solutions's Gross-Profit-to-Asset % falls into.



Converge Information And Communications Technology Solutions Gross-Profit-to-Asset % Calculation

Converge Information And Communications Technology Solutions's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=22648.94/( (98098.337+101145.026)/ 2 )
=22648.94/99621.6815
=22.73 %

Converge Information And Communications Technology Solutions's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=24835.144/( (101145.026+101950.138)/ 2 )
=24835.144/101547.582
=24.46 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Converge Information And Communications Technology Solutions (PHS:CNVRG) Business Description

Traded in Other Exchanges
N/A
Address
Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009
Converge Information And Communications Technology Solutions Inc are engaged in the business of providing Information and communication services and solutions. It provides high-speed fiber optic internet services and other digital consumer-centric services. It operates in two businesses namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business.

Converge Information And Communications Technology Solutions (PHS:CNVRG) Headlines

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