Downingome VCT 3 (LSE:DI3O) Gross Profit : £0.39 Mil (TTM As of Mar. 2013)

Downingome VCT 3 Gross Profit Chart

Downingome VCT 3 Annual Data
	Trend	Jan04	Jan05	Jan06	Jan07	Jan08	Jan09	Mar10	Mar11	Mar12	Mar13
Gross Profit		Get a 7-Day Free Trial					-	-	-	0.35	0.39

Downingome VCT 3 Semi-Annual Data
	Jan03	Jul03	Jan04	Jul04	Jan05	Jul05	Jan06	Jul06	Jan07	Jul07	Jan08	Jul08	Jan09	Jul09	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13
Gross Profit	Get a 7-Day Free Trial															-	0.14	0.21	0.20	0.19

Competitive Comparison of Downingome VCT 3's Gross Profit

For the Asset Management subindustry, Downingome VCT 3'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.

Downingome VCT 3's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Downingome VCT 3's Gross Profit distribution charts can be found below:

* The bar in red indicates where Downingome VCT 3's Gross Profit falls into.

Downingome VCT 3 Gross Profit Calculation

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

Downingome VCT 3's Gross Profit for the fiscal year that ended in Mar. 2013 is calculated as

Downingome VCT 3's Gross Profit for the quarter that ended in Mar. 2013 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.39 Mil.

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

Downingome VCT 3's Gross Margin % for the quarter that ended in Mar. 2013 is calculated as

* 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.

Downingome VCT 3  (LSE:DI3O) 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

Downingome VCT 3 had a gross margin of 114.29% for the quarter that ended in Mar. 2013 => Durable competitive advantage

Downingome VCT 3 Gross Profit Related Terms

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Downingome VCT 3 (LSE:DI3O) Business Description