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Creative Waste Solutions (Creative Waste Solutions) Gross Profit : $0.01 Mil (TTM As of Jun. 2020)


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What is Creative Waste Solutions Gross Profit?

Creative Waste Solutions's gross profit for the three months ended in Jun. 2020 was $0.02 Mil. Creative Waste Solutions's gross profit for the trailing twelve months (TTM) ended in Jun. 2020 was $0.01 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Creative Waste Solutions's gross profit for the three months ended in Jun. 2020 was $0.02 Mil. Creative Waste Solutions's Revenue for the three months ended in Jun. 2020 was $0.03 Mil. Therefore, Creative Waste Solutions's Gross Margin % for the quarter that ended in Jun. 2020 was 64.00%.

Creative Waste Solutions had a gross margin of 64.00% for the quarter that ended in Jun. 2020 => Durable competitive advantage


Creative Waste Solutions Gross Profit Historical Data

The historical data trend for Creative Waste Solutions'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.

Creative Waste Solutions Gross Profit Chart

Creative Waste Solutions Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 0.23 0.24 0.06

Creative Waste Solutions Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.02 - - - 0.02

Competitive Comparison of Creative Waste Solutions's Gross Profit

For the Waste Management subindustry, Creative Waste Solutions'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.


Creative Waste Solutions's Gross Profit Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Creative Waste Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Creative Waste Solutions's Gross Profit falls into.



Creative Waste Solutions Gross Profit Calculation

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

Creative Waste Solutions's Gross Profit for the fiscal year that ended in Sep. 2019 is calculated as

Gross Profit (A: Sep. 2019 )=Revenue - Cost of Goods Sold
=0.271 - 0.208
=0.06

Creative Waste Solutions's Gross Profit for the quarter that ended in Jun. 2020 is calculated as

Gross Profit (Q: Jun. 2020 )=Revenue - Cost of Goods Sold
=0.025 - 0.009
=0.02

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

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

Creative Waste Solutions's Gross Margin % for the quarter that ended in Jun. 2020 is calculated as

Gross Margin % (Q: Jun. 2020 )=Gross Profit (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.02 / 0.025
=64.00 %

* 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.


Creative Waste Solutions  (OTCPK:CWSS) 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

Creative Waste Solutions had a gross margin of 64.00% for the quarter that ended in Jun. 2020 => Durable competitive advantage


Creative Waste Solutions Gross Profit Related Terms

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Creative Waste Solutions (Creative Waste Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1440 NW 1st Court, Boca Raton, FL, USA, 33432
Creative Waste Solutions Inc operates in the waste management industry. The company through its subsidiaries provides waste management environmental services including solid waste and recycling collection, transportation, processing, and disposal services. The company primarily serves residential, commercial, industrial, and municipal customers in the geographical region of the South East. The company generates revenue from waste removal services.

Creative Waste Solutions (Creative Waste Solutions) Headlines

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