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Optec International (Optec International) Gross Margin % : 0.00% (As of Dec. 2018)


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What is Optec International Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Optec International's Gross Profit for the three months ended in Dec. 2018 was $0.00 Mil. Optec International's Revenue for the three months ended in Dec. 2018 was $0.00 Mil. Therefore, Optec International's Gross Margin % for the quarter that ended in Dec. 2018 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 Optec International's Gross Margin % or its related term are showing as below:


OPTI's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.535
* Ranked among companies with meaningful Gross Margin % only.

Optec International had a gross margin of N/A% for the quarter that ended in Dec. 2018 => No sustainable competitive advantage

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


Optec International Gross Margin % Historical Data

The historical data trend for Optec International'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.

Optec International Gross Margin % Chart

Optec International Annual Data
Trend Jun15 Jun16 Jun17
Gross Margin %
- 61.29 70.83

Optec International Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 - - - 73.33 -

Competitive Comparison of Optec International's Gross Margin %

For the Auto Parts subindustry, Optec International'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.


Optec International's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Optec International's Gross Margin % distribution charts can be found below:

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



Optec International 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.)

Optec International's Gross Margin for the fiscal year that ended in Jun. 2017 is calculated as

Gross Margin % (A: Jun. 2017 )=Gross Profit (A: Jun. 2017 ) / Revenue (A: Jun. 2017 )
=0 / 0.024
=(Revenue - Cost of Goods Sold) / Revenue
=(0.024 - 0.007) / 0.024
=70.83 %

Optec International's Gross Margin for the quarter that ended in Dec. 2018 is calculated as


Gross Margin % (Q: Dec. 2018 )=Gross Profit (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=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.


Optec International  (OTCPK:OPTI) 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

Optec International had a gross margin of N/A% for the quarter that ended in Dec. 2018 => 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.


Optec International Gross Margin % Related Terms

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Optec International (Optec International) Business Description

Traded in Other Exchanges
N/A
Address
1385 Park Center Drive, Vista, CA, USA, 92081
Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.