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Precicion Trim (Precicion Trim) Gross Margin % : 68.68% (As of Sep. 2011)


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What is Precicion Trim Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Precicion Trim's Gross Profit for the three months ended in Sep. 2011 was $1.49 Mil. Precicion Trim's Revenue for the three months ended in Sep. 2011 was $2.17 Mil. Therefore, Precicion Trim's Gross Margin % for the quarter that ended in Sep. 2011 was 68.68%.


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


PRTR's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.57
* Ranked among companies with meaningful Gross Margin % only.

Precicion Trim had a gross margin of 68.68% for the quarter that ended in Sep. 2011 => Durable competitive advantage

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


Precicion Trim Gross Margin % Historical Data

The historical data trend for Precicion Trim'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.

Precicion Trim Gross Margin % Chart

Precicion Trim Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.63 84.12 82.60 90.27 49.00

Precicion Trim Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 50.59 38.62 31.71 68.40 68.68

Competitive Comparison of Precicion Trim's Gross Margin %

For the Tools & Accessories subindustry, Precicion Trim'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.


Precicion Trim's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precicion Trim's Gross Margin % distribution charts can be found below:

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



Precicion Trim Gross Margin % Calculation

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

Precicion Trim's Gross Margin for the fiscal year that ended in Dec. 2010 is calculated as

Gross Margin % (A: Dec. 2010 )=Gross Profit (A: Dec. 2010 ) / Revenue (A: Dec. 2010 )
=8.2 / 16.822
=(Revenue - Cost of Goods Sold) / Revenue
=(16.822 - 8.579) / 16.822
=49.00 %

Precicion Trim's Gross Margin for the quarter that ended in Sep. 2011 is calculated as


Gross Margin % (Q: Sep. 2011 )=Gross Profit (Q: Sep. 2011 ) / Revenue (Q: Sep. 2011 )
=1.5 / 2.174
=(Revenue - Cost of Goods Sold) / Revenue
=(2.174 - 0.681) / 2.174
=68.68 %

* 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.


Precicion Trim  (OTCPK:PRTR) 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

Precicion Trim had a gross margin of 68.68% for the quarter that ended in Sep. 2011 => 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.


Precicion Trim Gross Margin % Related Terms

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Precicion Trim (Precicion Trim) Business Description

Traded in Other Exchanges
N/A
Address
17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647
Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.
Executives
Kenneth Leung director 257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua 10 percent owner 106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton director, officer: President 104 DUNLAP DRIVE, DEWITT NY 13214

Precicion Trim (Precicion Trim) Headlines

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