Phoenix Footwear Group (Phoenix Footwear Group) Gross Profit : $2.16 Mil (TTM As of Mar. 2023)

Phoenix Footwear Group Gross Profit Chart

Phoenix Footwear Group Annual Data
	Trend	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec18	Dec19
Gross Profit		Get a 7-Day Free Trial					11.96	5.31	4.89	8.50	8.13

Phoenix Footwear Group Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Mar22	Mar23
Gross Profit	Get a 7-Day Free Trial															1.50	1.41	0.99	1.99	2.16

Competitive Comparison of Phoenix Footwear Group's Gross Profit

For the Footwear & Accessories subindustry, Phoenix Footwear Group'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.

Phoenix Footwear Group's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Phoenix Footwear Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Phoenix Footwear Group's Gross Profit falls into.

Phoenix Footwear Group Gross Profit Calculation

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

Phoenix Footwear Group's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Phoenix Footwear Group's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.16 Mil.

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

Phoenix Footwear Group's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

* 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.

Phoenix Footwear Group  (OTCPK:PXFG) 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

Phoenix Footwear Group had a gross margin of 39.64% for the quarter that ended in Mar. 2023 => Competition eroding margins

Phoenix Footwear Group Gross Profit Related Terms

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Phoenix Footwear Group (Phoenix Footwear Group) Business Description