GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » International Games System Co Ltd (ROCO:3293) » Definitions » Gross Profit

International Games System Co (ROCO:3293) Gross Profit : NT$14,438 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is International Games System Co Gross Profit?

International Games System Co's gross profit for the three months ended in Mar. 2024 was NT$4,049 Mil. International Games System Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was NT$14,438 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. International Games System Co's gross profit for the three months ended in Mar. 2024 was NT$4,049 Mil. International Games System Co's Revenue for the three months ended in Mar. 2024 was NT$4,177 Mil. Therefore, International Games System Co's Gross Margin % for the quarter that ended in Mar. 2024 was 96.94%.

International Games System Co had a gross margin of 96.94% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of International Games System Co was 96.07%. The lowest was 80.49%. And the median was 90.29%.


International Games System Co Gross Profit Historical Data

The historical data trend for International Games System Co'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.

International Games System Co Gross Profit Chart

International Games System Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,901.36 8,083.02 10,826.82 11,473.46 13,616.02

International Games System Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 Premium Member Only 3,226.96 3,329.12 3,434.42 3,625.52 4,049.24

Competitive Comparison of International Games System Co's Gross Profit

For the Electronic Gaming & Multimedia subindustry, International Games System Co'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.


International Games System Co's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, International Games System Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where International Games System Co's Gross Profit falls into.



International Games System Co Gross Profit Calculation

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

International Games System Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=14175.795 - 559.78
=13,616

International Games System Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=4177.265 - 128.025
=4,049

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$14,438 Mil.

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

International Games System Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=4,049 / 4177.265
=96.94 %

* 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.


International Games System Co  (ROCO:3293) 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

International Games System Co had a gross margin of 96.94% for the quarter that ended in Mar. 2024 => Durable competitive advantage


International Games System Co Gross Profit Related Terms

Thank you for viewing the detailed overview of International Games System Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


International Games System Co (ROCO:3293) Business Description

Traded in Other Exchanges
N/A
Address
No. 130, Wugong Road, Wugu District, New Taipei, TWN, 24886
International Games System Co Ltd plans, designs, researches, develops, manufactures, markets, and services commercial electronic arcade games, related software and hardware products, online games and mobile games. It offers arcade game, online game, mobile game, simulator machine games and online games. All the business activity is primarily operated through Taiwan.

International Games System Co (ROCO:3293) Headlines

No Headlines