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Patient Access Solutions (Patient Access Solutions) Gross Profit : $0.12 Mil (TTM As of Jul. 2008)


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What is Patient Access Solutions Gross Profit?

Patient Access Solutions's gross profit for the three months ended in Jul. 2008 was $0.04 Mil. Patient Access Solutions's gross profit for the trailing twelve months (TTM) ended in Jul. 2008 was $0.12 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Patient Access Solutions's gross profit for the three months ended in Jul. 2008 was $0.04 Mil. Patient Access Solutions's Revenue for the three months ended in Jul. 2008 was $0.10 Mil. Therefore, Patient Access Solutions's Gross Margin % for the quarter that ended in Jul. 2008 was 43.00%.

Patient Access Solutions had a gross margin of 43.00% for the quarter that ended in Jul. 2008 => Durable competitive advantage


Patient Access Solutions Gross Profit Historical Data

The historical data trend for Patient Access Solutions'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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Patient Access Solutions Gross Profit Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Gross Profit
- - -

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Gross Profit Get a 7-Day Free Trial 0.06 - - 0.08 0.04

Competitive Comparison of Patient Access Solutions's Gross Profit

For the Health Information Services subindustry, Patient Access Solutions'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.


Patient Access Solutions's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patient Access Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Patient Access Solutions's Gross Profit falls into.



Patient Access Solutions Gross Profit Calculation

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

Patient Access Solutions's Gross Profit for the fiscal year that ended in Oct. 2008 is calculated as

Gross Profit (A: Oct. 2008 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Patient Access Solutions's Gross Profit for the quarter that ended in Jul. 2008 is calculated as

Gross Profit (Q: Jul. 2008 )=Revenue - Cost of Goods Sold
=0.1 - 0.057
=0.04

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.12 Mil.

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

Patient Access Solutions's Gross Margin % for the quarter that ended in Jul. 2008 is calculated as

Gross Margin % (Q: Jul. 2008 )=Gross Profit (Q: Jul. 2008 ) / Revenue (Q: Jul. 2008 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.04 / 0.1
=43.00 %

* 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.


Patient Access Solutions  (OTCPK:PASO) 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

Patient Access Solutions had a gross margin of 43.00% for the quarter that ended in Jul. 2008 => Durable competitive advantage


Patient Access Solutions Gross Profit Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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