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Harrison Vickers and Waterman (Harrison Vickers and Waterman) Gross Margin % : 71.16% (As of Jun. 2019)


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What is Harrison Vickers and Waterman Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Harrison Vickers and Waterman's Gross Profit for the six months ended in Jun. 2019 was $3.03 Mil. Harrison Vickers and Waterman's Revenue for the six months ended in Jun. 2019 was $4.26 Mil. Therefore, Harrison Vickers and Waterman's Gross Margin % for the quarter that ended in Jun. 2019 was 71.16%.


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


HVCW's Gross Margin % is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 39.88
* Ranked among companies with meaningful Gross Margin % only.

Harrison Vickers and Waterman had a gross margin of 71.16% for the quarter that ended in Jun. 2019 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Harrison Vickers and Waterman was 0.00% per year.


Harrison Vickers and Waterman Gross Margin % Historical Data

The historical data trend for Harrison Vickers and Waterman'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.

Harrison Vickers and Waterman Gross Margin % Chart

Harrison Vickers and Waterman Annual Data
Trend Jun13 Jun14 Jun15 Jun19
Gross Margin %
- - 72.00 71.16

Harrison Vickers and Waterman Semi-Annual Data
Jun13 Jun14 Jun15 Jun19
Gross Margin % - - 72.00 71.16

Competitive Comparison of Harrison Vickers and Waterman's Gross Margin %

For the Beverages - Brewers subindustry, Harrison Vickers and Waterman'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.


Harrison Vickers and Waterman's Gross Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harrison Vickers and Waterman's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Harrison Vickers and Waterman's Gross Margin % falls into.



Harrison Vickers and Waterman Gross Margin % Calculation

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

Harrison Vickers and Waterman's Gross Margin for the fiscal year that ended in Jun. 2019 is calculated as

Gross Margin % (A: Jun. 2019 )=Gross Profit (A: Jun. 2019 ) / Revenue (A: Jun. 2019 )
=3 / 4.258
=(Revenue - Cost of Goods Sold) / Revenue
=(4.258 - 1.228) / 4.258
=71.16 %

Harrison Vickers and Waterman's Gross Margin for the quarter that ended in Jun. 2019 is calculated as


Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=3 / 4.258
=(Revenue - Cost of Goods Sold) / Revenue
=(4.258 - 1.228) / 4.258
=71.16 %

* 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.


Harrison Vickers and Waterman  (OTCPK:HVCW) 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

Harrison Vickers and Waterman had a gross margin of 71.16% for the quarter that ended in Jun. 2019 => 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.


Harrison Vickers and Waterman Gross Margin % Related Terms

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Harrison Vickers and Waterman (Harrison Vickers and Waterman) Business Description

Traded in Other Exchanges
N/A
Address
5781 Schaefer Avenue, Suite C, Chino, CA, USA, 91710
Harrison Vickers and Waterman Inc is a shell company.

Harrison Vickers and Waterman (Harrison Vickers and Waterman) Headlines