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iGo (IGOI) Gross Margin % : -35.70% (As of Dec. 2013)


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What is iGo Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. iGo's Gross Profit for the three months ended in Dec. 2013 was $-1.15 Mil. iGo's Revenue for the three months ended in Dec. 2013 was $3.21 Mil. Therefore, iGo's Gross Margin % for the quarter that ended in Dec. 2013 was -35.70%.


The historical rank and industry rank for iGo's Gross Margin % or its related term are showing as below:


IGOI's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.5
* Ranked among companies with meaningful Gross Margin % only.

iGo had a gross margin of -35.70% for the quarter that ended in Dec. 2013 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for iGo was 0.00% per year.


iGo Gross Margin % Historical Data

The historical data trend for iGo's Gross Margin % 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.

iGo Gross Margin % Chart

iGo Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.99 33.24 22.07 17.68 -3.02

iGo Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
Gross Margin % 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 13.96 15.78 4.84 -13.82 -35.70

Competitive Comparison of iGo's Gross Margin %

For the Computer Hardware subindustry, iGo's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


iGo's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, iGo's Gross Margin % distribution charts can be found below:

* The bar in red indicates where iGo's Gross Margin % falls into.



iGo Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

iGo's Gross Margin for the fiscal year that ended in Dec. 2013 is calculated as

Gross Margin % (A: Dec. 2013 )=Gross Profit (A: Dec. 2013 ) / Revenue (A: Dec. 2013 )
=-0.5 / 16.928
=(Revenue - Cost of Goods Sold) / Revenue
=(16.928 - 17.44) / 16.928
=-3.02 %

iGo's Gross Margin for the quarter that ended in Dec. 2013 is calculated as


Gross Margin % (Q: Dec. 2013 )=Gross Profit (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=-1.1 / 3.21
=(Revenue - Cost of Goods Sold) / Revenue
=(3.21 - 4.356) / 3.21
=-35.70 %

* 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.


iGo  (OTCPK:IGOI) Gross Margin % 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

iGo had a gross margin of -35.70% for the quarter that ended in Dec. 2013 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


iGo Gross Margin % Related Terms

Thank you for viewing the detailed overview of iGo's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


iGo (IGOI) Business Description

Traded in Other Exchanges
N/A
Address
590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
iGo Inc is a United States based company operating in the electronics industry. It offers power management solutions and accessories for laptop computers and electronic mobile devices.
Executives
Leonard J Mcgill officer: Gen. Counsel, VP & Asst. Sec. 3125 MYERS STREET, RIVERSIDE CA 92503
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
Peter L Ax director
Steel Excel Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jack L Howard director, other: See explanation of responses. 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Brian M Roberts officer: General Counsel and Secretary, other: Vice President 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Robert W Shaner director INTERDIGITAL, INC., 781 THIRD AVENUE, KING OF PRUSSIA PA 19406
Jerre L Stead director 4TH FLOOR, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY

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