FLES (Auto Parts 4Less Group) Gross Profit: $0.22 Mil (TTM As of Oct. 2023)

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FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Gross Profit?

Auto Parts 4Less Group FLES 12 Gross Profit is $0.22 Mil as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

Auto Parts 4Less Group's gross profit for the three months ended in Oct. 2023 was $0.11 Mil. Auto Parts 4Less Group's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was $0.22 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Auto Parts 4Less Group's gross profit for the three months ended in Oct. 2023 was $0.11 Mil. Auto Parts 4Less Group's Revenue for the three months ended in Oct. 2023 was $0.14 Mil. Therefore, Auto Parts 4Less Group's Gross Margin % for the quarter that ended in Oct. 2023 was 73.61%.

Auto Parts 4Less Group had a gross margin of 73.61% for the quarter that ended in Oct. 2023 => Durable competitive advantage


Auto Parts 4Less Group  (OTCPK:FLES) 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

Auto Parts 4Less Group had a gross margin of 73.61% for the quarter that ended in Oct. 2023 => Durable competitive advantage


Auto Parts 4Less Group Gross Profit Related Terms


Auto Parts 4Less Group Gross Profit Historical Data

* Premium members only.

The historical data trend for Auto Parts 4Less Group'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.

Auto Parts 4Less Group Gross Profit Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 1.91 1.46 1.55 0.74

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.17 -0.05 0.12 0.04 0.11

FLES vs REII, MBLY, APTV: Gross Profit Comparison

For the Auto Parts subindustry, Auto Parts 4Less Group'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.


Auto Parts 4Less Group Gross Profit vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Auto Parts 4Less Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Auto Parts 4Less Group's Gross Profit falls into.


FLES
12GF Score
Auto Parts 4Less Group Inc FLES
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group Gross Profit Calculation

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

Auto Parts 4Less Group's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

Gross Profit (A: Jan. 2023 )=Revenue - Cost of Goods Sold
=4.203 - 3.463
=0.74

Auto Parts 4Less Group's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )=Revenue - Cost of Goods Sold
=0.144 - 0.038
=0.11

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22 Mil.

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

Auto Parts 4Less Group's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.11 / 0.144
=73.61 %

* 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 Profit →
What does a Gross Profit of $0.22 Mil mean?
Auto Parts 4Less Group (FLES) has a Gross Profit of $0.22 Mil as of Oct. 2023. Gross Profit equals net sales less total cost of goods sold. View historical data on Auto Parts 4Less Group and its competitors.
Is Auto Parts 4Less Group's Gross Profit too high?
Auto Parts 4Less Group's current Gross Profit is $0.22 Mil. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Gross Profit compare to REII and MBLY?
Auto Parts 4Less Group's Gross Profit of $0.22 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Auto Parts 4Less Group and its competitors. Auto Parts 4Less Group's current Gross Profit is $0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Gross Profit of $0.22 Mil. The current Gross Profit is $0.22 Mil. Auto Parts 4Less Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Auto Parts 4Less Group (FLES), the current Gross Profit is $0.22 Mil as of Oct. 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.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
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