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NVTQF (Patterson Metals) Gross Margin % : 0.00% (As of Oct. 2024)


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What is Patterson Metals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Patterson Metals's Gross Profit for the three months ended in Oct. 2024 was $0.00 Mil. Patterson Metals's Revenue for the three months ended in Oct. 2024 was $0.00 Mil. Therefore, Patterson Metals's Gross Margin % for the quarter that ended in Oct. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


During the past 13 years, the highest Gross Margin % of Patterson Metals was 46.03%. The lowest was 17.68%. And the median was 24.64%.

NVTQF's Gross Margin % is not ranked *
in the Other Energy Sources industry.
Industry Median: 26.53
* Ranked among companies with meaningful Gross Margin % only.

Patterson Metals had a gross margin of N/A% for the quarter that ended in Oct. 2024 => No sustainable competitive advantage

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


Patterson Metals Gross Margin % Historical Data

The historical data trend for Patterson Metals'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.

Patterson Metals Gross Margin % Chart

Patterson Metals Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Gross Margin %
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Patterson Metals Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Patterson Metals's Gross Margin %

For the Uranium subindustry, Patterson Metals'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.


Patterson Metals's Gross Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Patterson Metals's Gross Margin % distribution charts can be found below:

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


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Patterson Metals Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Patterson Metals's Gross Margin for the fiscal year that ended in Oct. 2024 is calculated as

Gross Margin % (A: Oct. 2024 )=Gross Profit (A: Oct. 2024 ) / Revenue (A: Oct. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Patterson Metals's Gross Margin for the quarter that ended in Oct. 2024 is calculated as


Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Patterson Metals  (OTCPK:NVTQF) 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

Patterson Metals had a gross margin of N/A% for the quarter that ended in Oct. 2024 => 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.


Patterson Metals Gross Margin % Related Terms

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Patterson Metals Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
Patterson Metals Corp is a mineral exploration company with a focus on uranium. The projects of the company include The Higginson Lake Property, The Spreckley Lake Uranium Project, and The Carter Lake Uranium Project, situated in the Athabasca basin of Saskatchewan, Canada.

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