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Culp (CULP) Gross-Profit-to-Asset % : 21.69% (As of Jan. 2024)


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What is Culp Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Culp's annualized Gross Profit for the quarter that ended in Jan. 2024 was $30.8 Mil. Culp's average Total Assets over the quarter that ended in Jan. 2024 was $142.1 Mil. Therefore, Culp's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 21.69%.


Culp Gross-Profit-to-Asset % Historical Data

The historical data trend for Culp's Gross-Profit-to-Asset % 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.

Culp Gross-Profit-to-Asset % Chart

Culp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.87 18.59 23.22 18.43 6.61

Culp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross-Profit-to-Asset % 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 5.36 18.20 19.21 22.31 21.69

Competitive Comparison of Culp's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Culp's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Culp's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Culp's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Culp's Gross-Profit-to-Asset % falls into.



Culp Gross-Profit-to-Asset % Calculation

Culp's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Apr. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=10.896/( (177.563+152.183)/ 2 )
=10.896/164.873
=6.61 %

Culp's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=30.812/( (142.16+141.998)/ 2 )
=30.812/142.079
=21.69 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Culp Gross-Profit-to-Asset % Related Terms

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Culp (CULP) Business Description

Traded in Other Exchanges
Address
1823 Eastchester Drive, High Point, NC, USA, 27265
Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.
Executives
Jonathan Lee Kelly director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Kimberly Bullock Gatling director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Thomas Bruno officer: President, Culp Home Fashions 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
John Allen Baugh director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Gallagher Thomas Bernard Jr officer: Chief Accounting Officer 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Perry E Davis director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Fred A Jackson director C/O FUDDICK CORP, 301 S TRYON ST STE 1800, CHARLOTTE NC 28202
Teresa Atkins Huffman officer: Senior VP, Human Resources 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Franklin N Saxon director, officer: President and COO 8508 MAHALA DR, HIGH POINT NC 27265
Culp Robert George Iv officer: President, CHF division 101 SOUTH MAIN STREET, HIGH POINT NC 27260
Kenneth W Mcallister director 220 CASCADE DR, HIGH POINT NC 27265
Ashley Carter Durbin officer: VP, General Counsel, Secretary 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Cassandra J Brown officer: President, Culp Home Fashions 7209 HWY 158, STOKESDALE NC 27357
Culp Robert G Iii director, 10 percent owner, officer: Chairman and CEO 903 FORREST HILL DR, HIGH POINT NC 27262