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Circuit Research Labs (Circuit Research Labs) Gross Profit : $8.22 Mil (TTM As of Sep. 2008)


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What is Circuit Research Labs Gross Profit?

Circuit Research Labs's gross profit for the three months ended in Sep. 2008 was $1.86 Mil. Circuit Research Labs's gross profit for the trailing twelve months (TTM) ended in Sep. 2008 was $8.22 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Circuit Research Labs's gross profit for the three months ended in Sep. 2008 was $1.86 Mil. Circuit Research Labs's Revenue for the three months ended in Sep. 2008 was $3.29 Mil. Therefore, Circuit Research Labs's Gross Margin % for the quarter that ended in Sep. 2008 was 56.59%.

Circuit Research Labs had a gross margin of 56.59% for the quarter that ended in Sep. 2008 => Durable competitive advantage


Circuit Research Labs Gross Profit Historical Data

The historical data trend for Circuit Research Labs's Gross Profit 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.

Circuit Research Labs Gross Profit Chart

Circuit Research Labs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 7.20 8.77 6.88 7.12

Circuit Research Labs Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Gross Profit 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 1.31 2.21 2.14 2.01 1.86

Competitive Comparison of Circuit Research Labs's Gross Profit

For the Communication Equipment subindustry, Circuit Research Labs's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Circuit Research Labs's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Circuit Research Labs's Gross Profit distribution charts can be found below:

* The bar in red indicates where Circuit Research Labs's Gross Profit falls into.



Circuit Research Labs Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Circuit Research Labs's Gross Profit for the fiscal year that ended in Dec. 2007 is calculated as

Gross Profit (A: Dec. 2007 )=Revenue - Cost of Goods Sold
=12.894 - 5.776
=7.12

Circuit Research Labs's Gross Profit for the quarter that ended in Sep. 2008 is calculated as

Gross Profit (Q: Sep. 2008 )=Revenue - Cost of Goods Sold
=3.285 - 1.426
=1.86

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.22 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Circuit Research Labs's Gross Margin % for the quarter that ended in Sep. 2008 is calculated as

Gross Margin % (Q: Sep. 2008 )=Gross Profit (Q: Sep. 2008 ) / Revenue (Q: Sep. 2008 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.86 / 3.285
=56.59 %

* 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.


Circuit Research Labs  (OTCPK:CRLI) Gross Profit 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

Circuit Research Labs had a gross margin of 56.59% for the quarter that ended in Sep. 2008 => Durable competitive advantage


Circuit Research Labs Gross Profit Related Terms

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Circuit Research Labs (Circuit Research Labs) Business Description

Traded in Other Exchanges
N/A
Address
7970 S. Kyrene Road, Tempe, AZ, USA, 85282
Website
Circuit Research Labs Inc develops manufactures and markets electronic audio processing, transmission encoding and noise reduction equipment for the radio, television, cable, Internet and professional audio markets.

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