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TRCC (Traccom) Gross Margin % : 0.00% (As of . 20)


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What is Traccom Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Traccom's Gross Profit for the six months ended in . 20 was $0.00 Mil. Traccom's Revenue for the six months ended in . 20 was $0.00 Mil. Therefore, Traccom's Gross Margin % for the quarter that ended in . 20 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 Traccom's Gross Margin % or its related term are showing as below:


TRCC's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.665
* Ranked among companies with meaningful Gross Margin % only.

Traccom had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

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

Traccom Gross Margin % Historical Data

The historical data trend for Traccom'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.

Traccom Gross Margin % Chart

Traccom Annual Data
Trend
Gross Margin %

Traccom Semi-Annual Data
Gross Margin %

Competitive Comparison of Traccom's Gross Margin %

For the Scientific & Technical Instruments subindustry, Traccom'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.

Traccom's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Traccom's Gross Margin % distribution charts can be found below:

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


Traccom 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.)

Traccom's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Traccom's Gross Margin for the quarter that ended in . 20 is calculated as


Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=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.

Traccom  (OTCPK:TRCC) 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

Traccom had a gross margin of N/A% for the quarter that ended in . 20 => 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.

Traccom Gross Margin % Related Terms

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Traccom Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Traccom Inc (OTCPK:TRCC) » Definitions » Gross Margin %
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Traded in Other Exchanges
N/A
Address
2013 SkyCrest Dr. No. 4, Walnut Creek, CA, USA, 94595
Website
https://www.traccom.com
Traccom Inc engaged in the designing, manufacturing, marketing, and sale of tracking and monitoring devices for consumer and commercial use. Its device, trademarked as Traccom facilitates the tracking of consumer passenger airline luggage. The company's Medical Pro product addresses the healthcare industry by providing real-time daily monitoring of people with chronic or serious health conditions. The Company's two primary products which is the Traccom Basic Tracker and the Health Hub, have completed their final development and testing and are ready for production once the required level of funding has been achieved.