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Portsmouth Square (Portsmouth Square) Gross Margin % : -0.21% (As of Dec. 2023)


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What is Portsmouth Square Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Portsmouth Square's Gross Profit for the three months ended in Dec. 2023 was $-0.02 Mil. Portsmouth Square's Revenue for the three months ended in Dec. 2023 was $10.23 Mil. Therefore, Portsmouth Square's Gross Margin % for the quarter that ended in Dec. 2023 was -0.21%.


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

PRSI' s Gross Margin % Range Over the Past 10 Years
Min: -36.28   Med: 12.02   Max: 25.37
Current: 7.09


During the past 13 years, the highest Gross Margin % of Portsmouth Square was 25.37%. The lowest was -36.28%. And the median was 12.02%.

PRSI's Gross Margin % is ranked worse than
97.65% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.225 vs PRSI: 7.09

Portsmouth Square had a gross margin of -0.21% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Portsmouth Square Gross Margin % Historical Data

The historical data trend for Portsmouth Square'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.

Portsmouth Square Gross Margin % Chart

Portsmouth Square Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.89 7.74 -36.28 5.94 11.55

Portsmouth Square Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.37 12.69 6.63 8.93 -0.21

Competitive Comparison of Portsmouth Square's Gross Margin %

For the Lodging subindustry, Portsmouth Square'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.


Portsmouth Square's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Portsmouth Square's Gross Margin % distribution charts can be found below:

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



Portsmouth Square Gross Margin % Calculation

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

Portsmouth Square's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=4.9 / 42.027
=(Revenue - Cost of Goods Sold) / Revenue
=(42.027 - 37.172) / 42.027
=11.55 %

Portsmouth Square's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0 / 10.225
=(Revenue - Cost of Goods Sold) / Revenue
=(10.225 - 10.246) / 10.225
=-0.21 %

* 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.


Portsmouth Square  (OTCPK:PRSI) 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

Portsmouth Square had a gross margin of -0.21% for the quarter that ended in Dec. 2023 => 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.


Portsmouth Square Gross Margin % Related Terms

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


Portsmouth Square (Portsmouth Square) Business Description

Traded in Other Exchanges
N/A
Address
1516 S. Bundy Drive, Suite 200, Los Angeles, CA, USA, 90025
Portsmouth Square Inc is a US-based company. It is formed for the purpose of acquiring a hotel property in San Francisco, California through a California limited partnership, Justice Investors Limited Partnership. The company operates through two segments Hotel Operations and Investment Transactions. The Hotel Operations segment is engaged in the operation of hotel property referred as Hilton San Francisco Financial District and provides related facilities, including underground parking garage. The Investment Transactions segment includes the investment of cash in marketable securities and other investments. The company generates the majority of its revenue from the Hotel Operations segment.
Executives
John V Winfield director, officer: PRESIDENT, CHAIRMAN, CEO 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Intergroup Corp 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025
Babin C Jerold director 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES, LOS ANGELES CA 90025
Danfeng Xu officer: Treasurer and Controller 1100 GLENDON AVENUE, SUITE PH-1, LOS ANGELES CA 90024
Santa Fe Financial Corp 10 percent owner 11620 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90025

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