Third Bench (Third Bench) Gross Margin % : -69.45% (As of May. 2023)

Third Bench Gross Margin % Chart

Third Bench Annual Data
	Trend	Aug07	Aug08	Aug09	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15
Gross Margin %		Get a 7-Day Free Trial				-	-	-	-	-

Third Bench Quarterly Data
	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Aug14	Aug15	May22	May23
Gross Margin %	Get a 7-Day Free Trial															-	-	-	37.78	-69.45

Competitive Comparison of Third Bench's Gross Margin %

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.

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

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

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

Third Bench Gross Margin % Calculation

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

Third Bench's Gross Margin for the fiscal year that ended in Aug. 2015 is calculated as

Third Bench's Gross Margin for the quarter that ended in May. 2023 is calculated as

* 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.

Third Bench  (OTCPK:THBD) 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

Third Bench had a gross margin of -69.45% for the quarter that ended in May. 2023 => 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.

Third Bench Gross Margin % Related Terms

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Third Bench (Third Bench) Business Description