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Maiden Lane Jewelry (Maiden Lane Jewelry) Gross Profit : $1.88 Mil (TTM As of Nov. 2015)


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What is Maiden Lane Jewelry Gross Profit?

Maiden Lane Jewelry's gross profit for the three months ended in Nov. 2015 was $0.24 Mil. Maiden Lane Jewelry's gross profit for the trailing twelve months (TTM) ended in Nov. 2015 was $1.88 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Maiden Lane Jewelry's gross profit for the three months ended in Nov. 2015 was $0.24 Mil. Maiden Lane Jewelry's Revenue for the three months ended in Nov. 2015 was $1.95 Mil. Therefore, Maiden Lane Jewelry's Gross Margin % for the quarter that ended in Nov. 2015 was 12.22%.

Maiden Lane Jewelry had a gross margin of 12.22% for the quarter that ended in Nov. 2015 => No sustainable competitive advantage


Maiden Lane Jewelry Gross Profit Historical Data

The historical data trend for Maiden Lane Jewelry'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.

* Premium members only.

Maiden Lane Jewelry Gross Profit Chart

Maiden Lane Jewelry Annual Data
Trend May13 May14 May15
Gross Profit
- 1.11 2.22

Maiden Lane Jewelry Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.65 0.55 0.45 0.24

Competitive Comparison of Maiden Lane Jewelry's Gross Profit

For the Luxury Goods subindustry, Maiden Lane Jewelry'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.


Maiden Lane Jewelry's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maiden Lane Jewelry's Gross Profit distribution charts can be found below:

* The bar in red indicates where Maiden Lane Jewelry's Gross Profit falls into.



Maiden Lane Jewelry Gross Profit Calculation

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

Maiden Lane Jewelry's Gross Profit for the fiscal year that ended in May. 2015 is calculated as

Gross Profit (A: May. 2015 )=Revenue - Cost of Goods Sold
=8.853 - 6.638
=2.22

Maiden Lane Jewelry's Gross Profit for the quarter that ended in Nov. 2015 is calculated as

Gross Profit (Q: Nov. 2015 )=Revenue - Cost of Goods Sold
=1.947 - 1.709
=0.24

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.88 Mil.

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

Maiden Lane Jewelry's Gross Margin % for the quarter that ended in Nov. 2015 is calculated as

Gross Margin % (Q: Nov. 2015 )=Gross Profit (Q: Nov. 2015 ) / Revenue (Q: Nov. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.24 / 1.947
=12.22 %

* 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.


Maiden Lane Jewelry  (OTCPK:MDNL) 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

Maiden Lane Jewelry had a gross margin of 12.22% for the quarter that ended in Nov. 2015 => No sustainable competitive advantage


Maiden Lane Jewelry Gross Profit Related Terms

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Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Traded in Other Exchanges
N/A
Address
64 West 48th Street, Suite 1107, New York, NY, USA, 10036
Maiden Lane Jewelry Ltd is engaged in producing engagement rings and other diamond jewelry to retailers across the United States. The company's significant feature consists of ASPIRI collection of bridal engagement rings which includes both a center diamond and setting. In addition, it is also a wholesaler and manufacturer of jewelry which includes pendants, bracelets, and earrings. The company's primary sales contain complete engagement rings with a focus on bridal jewelry featuring uniquely cut stones and settings.
Executives
Michael I Wirth officer: CEO 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019

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