WHSI (Wearable Health Solutions) Gross Margin %: 34.65% (As of Dec. 2023)

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What is Wearable Health Solutions Gross Margin %?

Wearable Health Solutions WHSI Gross Margin % is 34.65% as of Dec. 2023.

Gross Margin % is calculated as gross profit divided by its revenue. Wearable Health Solutions's Gross Profit for the three months ended in Dec. 2023 was $0.04 Mil. Wearable Health Solutions's Revenue for the three months ended in Dec. 2023 was $0.13 Mil. Therefore, Wearable Health Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 34.65%.


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


WHSI's Gross Margin % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 52.07
* Ranked among companies with meaningful Gross Margin % only.

Wearable Health Solutions had a gross margin of 34.65% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


Wearable Health Solutions  (OTCPK:WHSI) 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

Wearable Health Solutions had a gross margin of 34.65% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


Wearable Health Solutions Gross Margin % Related Terms


Wearable Health Solutions Gross Margin % Historical Data

* Premium members only.

The historical data trend for Wearable Health Solutions'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.

Wearable Health Solutions Gross Margin % Chart

Wearable Health Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.31 59.59 37.66 45.60 35.97

Wearable Health Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 50.00 30.41 10.22 64.79 34.65

WHSI vs SNAL, GDEV, GRVY: Gross Margin % Comparison

For the Medical Instruments & Supplies subindustry, Wearable Health Solutions'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.


Wearable Health Solutions Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Wearable Health Solutions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wearable Health Solutions's Gross Margin % falls into.



Wearable Health Solutions Gross Margin % Calculation

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

Wearable Health Solutions's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=0.3 / 0.745
=(Revenue - Cost of Goods Sold) / Revenue
=(0.745 - 0.477) / 0.745
=35.97 %

Wearable Health Solutions's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 0.127
=(Revenue - Cost of Goods Sold) / Revenue
=(0.127 - 0.083) / 0.127
=34.65 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 34.65% mean?
Wearable Health Solutions (WHSI) has a Gross Margin % of 34.65% as of Dec. 2023. Gross margin is the ratio of total gross profit to net sales. View historical data on Wearable Health Solutions and its competitors.
Is Wearable Health Solutions' Gross Margin % too high?
Wearable Health Solutions' current Gross Margin % is 34.65%. The Medical Devices & Instruments industry median Gross Margin % is 52.07. Wearable Health Solutions' value of 34.65% is 33.5% below this industry median.
How does Wearable Health Solutions' Gross Margin % compare to SNAL and GDEV?
Wearable Health Solutions' Gross Margin % of 34.65% can be compared against companies in the Medical Devices & Instruments industry. The industry median Gross Margin % is 52.07. Wearable Health Solutions' value of 34.65% is 33.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wearable Health Solutions's current Gross Margin % of 34.65% is 33.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Wearable Health Solutions and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wearable Health Solutions's current Gross Margin % is 34.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wearable Health Solutions stock overvalued right now?
Wearable Health Solutions (WHSI) has a current Gross Margin % of 34.65%. The current Gross Margin % is 34.65% and 33.5% below the Medical Devices & Instruments industry median of 52.07. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Wearable Health Solutions (WHSI), the current Gross Margin % is 34.65% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wearable Health Solutions Business Description

Address 2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663
Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.