Corinthian Colleges (FRA:CH7) Gross Profit : €467 Mil (TTM As of Jun. 2013)

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What is Corinthian Colleges Gross Profit?

Corinthian Colleges's gross profit for the six months ended in Jun. 2013 was €467 Mil. Corinthian Colleges's gross profit for the trailing twelve months (TTM) ended in Jun. 2013 was €467 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Corinthian Colleges's gross profit for the six months ended in Jun. 2013 was €467 Mil. Corinthian Colleges's Revenue for the six months ended in Jun. 2013 was €1,213 Mil. Therefore, Corinthian Colleges's Gross Margin % for the quarter that ended in Jun. 2013 was 38.54%.

Corinthian Colleges had a gross margin of 38.54% for the quarter that ended in Jun. 2013 => Competition eroding margins

Corinthian Colleges Gross Profit Historical Data

The historical data trend for Corinthian Colleges's Gross Profit 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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Corinthian Colleges Gross Profit Chart

Corinthian Colleges Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Gross Profit

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395.64

646.95

525.31

503.10

467.45

Corinthian Colleges Semi-Annual Data
	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Gross Profit	Get a 7-Day Free Trial											395.64	646.95	525.31	503.10	467.45

Competitive Comparison of Corinthian Colleges's Gross Profit

For the Education & Training Services subindustry, Corinthian Colleges's Gross Profit, along with its competitors' market caps and Gross Profit 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.

Corinthian Colleges's Gross Profit Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Corinthian Colleges's Gross Profit distribution charts can be found below:

* The bar in red indicates where Corinthian Colleges's Gross Profit falls into.

Corinthian Colleges Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Corinthian Colleges's Gross Profit for the fiscal year that ended in Jun. 2013 is calculated as

Gross Profit (A: Jun. 2013 )	=	Revenue	-	Cost of Goods Sold
	=	1212.955	-	745.505
	=	467

Corinthian Colleges's Gross Profit for the quarter that ended in Jun. 2013 is calculated as

Gross Profit (Q: Jun. 2013 )	=	Revenue	-	Cost of Goods Sold
	=	1212.955	-	745.505
	=	467

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Jun. 2013 was €467 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Corinthian Colleges's Gross Margin % for the quarter that ended in Jun. 2013 is calculated as

Gross Margin % (Q: Jun. 2013 )	=	Gross Profit (Q: Jun. 2013 )	/	Revenue (Q: Jun. 2013 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	467	/	1212.955
	=	38.54 %

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.

Corinthian Colleges (FRA:CH7) Gross Profit 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

Corinthian Colleges had a gross margin of 38.54% for the quarter that ended in Jun. 2013 => Competition eroding margins

Corinthian Colleges Gross Profit Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Corinthian Colleges Inc (FRA:CH7) » Definitions » Gross Profit

Comparable Companies

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Address

Website

http://www.cci.edu

Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

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