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NoHo (DRNK) Gross Margin % : 55.00% (As of Jun. 2017)


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What is NoHo Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. NoHo's Gross Profit for the three months ended in Jun. 2017 was $0.01 Mil. NoHo's Revenue for the three months ended in Jun. 2017 was $0.02 Mil. Therefore, NoHo's Gross Margin % for the quarter that ended in Jun. 2017 was 55.00%.


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


DRNK's Gross Margin % is not ranked *
in the Chemicals industry.
Industry Median: 21.97
* Ranked among companies with meaningful Gross Margin % only.

NoHo had a gross margin of 55.00% for the quarter that ended in Jun. 2017 => Durable competitive advantage

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


NoHo Gross Margin % Historical Data

The historical data trend for NoHo'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.

NoHo Gross Margin % Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15 Dec16
Gross Margin %
Get a 7-Day Free Trial - 50.27 60.00 76.80 -

NoHo Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Dec16 Mar17 Jun17
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 86.67 133.33 - 91.67 55.00

Competitive Comparison of NoHo's Gross Margin %

For the Specialty Chemicals subindustry, NoHo'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.


NoHo's Gross Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Gross Margin % distribution charts can be found below:

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



NoHo Gross Margin % Calculation

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

NoHo's Gross Margin for the fiscal year that ended in Dec. 2016 is calculated as

Gross Margin % (A: Dec. 2016 )=Gross Profit (A: Dec. 2016 ) / Revenue (A: Dec. 2016 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

NoHo's Gross Margin for the quarter that ended in Jun. 2017 is calculated as


Gross Margin % (Q: Jun. 2017 )=Gross Profit (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=0 / 0.02
=(Revenue - Cost of Goods Sold) / Revenue
=(0.02 - 0.009) / 0.02
=55.00 %

* 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.


NoHo  (OTCPK:DRNK) 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

NoHo had a gross margin of 55.00% for the quarter that ended in Jun. 2017 => Durable 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.


NoHo Gross Margin % Related Terms

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NoHo Business Description

Traded in Other Exchanges
N/A
Address
4701 Orange Dr, Building 19 Unit 28, Davie, Miami, FL, USA, 85258
NoHo Inc develops, markets, sells and distributes a lifestyle beverage category product NOHO, a beverage for hangover defense. The company purchases raw materials and outsources manufacturing to a third party.