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Inscape (Inscape) Gross Margin % : -0.74% (As of Oct. 2022)


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What is Inscape Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Inscape's Gross Profit for the three months ended in Oct. 2022 was $-0.05 Mil. Inscape's Revenue for the three months ended in Oct. 2022 was $6.07 Mil. Therefore, Inscape's Gross Margin % for the quarter that ended in Oct. 2022 was -0.74%.


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


ICPBQ's Gross Margin % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 29.29
* Ranked among companies with meaningful Gross Margin % only.

Inscape had a gross margin of -0.74% for the quarter that ended in Oct. 2022 => No sustainable competitive advantage

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


Inscape Gross Margin % Historical Data

The historical data trend for Inscape'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.

Inscape Gross Margin % Chart

Inscape Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.79 26.92 27.42 18.15 15.51

Inscape Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
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 22.79 14.41 15.67 3.97 -0.74

Competitive Comparison of Inscape's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Inscape'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.


Inscape's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inscape's Gross Margin % distribution charts can be found below:

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



Inscape Gross Margin % Calculation

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

Inscape's Gross Margin for the fiscal year that ended in Apr. 2022 is calculated as

Gross Margin % (A: Apr. 2022 )=Gross Profit (A: Apr. 2022 ) / Revenue (A: Apr. 2022 )
=4.8 / 30.679
=(Revenue - Cost of Goods Sold) / Revenue
=(30.679 - 25.922) / 30.679
=15.51 %

Inscape's Gross Margin for the quarter that ended in Oct. 2022 is calculated as


Gross Margin % (Q: Oct. 2022 )=Gross Profit (Q: Oct. 2022 ) / Revenue (Q: Oct. 2022 )
=-0 / 6.065
=(Revenue - Cost of Goods Sold) / Revenue
=(6.065 - 6.11) / 6.065
=-0.74 %

* 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.


Inscape  (GREY:ICPBQ) 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

Inscape had a gross margin of -0.74% for the quarter that ended in Oct. 2022 => 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.


Inscape Gross Margin % Related Terms

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


Inscape (Inscape) Business Description

Traded in Other Exchanges
N/A
Address
67 Toll Road, Holland Landing, ON, CAN, L9N 1H2
Inscape Corp is an office furniture manufacturer. Its operating segment includes Furniture and Walls. The furniture segment includes storage, benching, systems, and seating solutions. The Walls segment includes architectural and movable walls. It generates maximum revenue from the Furniture segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. It provides services to small and large organizations.

Inscape (Inscape) Headlines

From GuruFocus

Inscape Announces Fiscal Year 2020 Second Quarter Results

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Inscape Announces Fiscal 2020 First Quarter Results

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Inscape Announces First Quarter 2022 Financial Results

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By GlobeNewswire GlobeNewswire 07-12-2018

Inscape Announces Fiscal Year 2020 Third Quarter Results

By GlobeNewswire GlobeNewswire 03-05-2020

Inscape Announces 2020 Annual and Special Meeting Voting Results

By GlobeNewswire GlobeNewswire 09-19-2020

Inscape and HUK 121 Announce Expiry of Offer

By GlobeNewswire GlobeNewswire 01-05-2023