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Hexaware Technologies (Hexaware Technologies) Gross Profit : $180.19 Mil (TTM As of Sep. 2020)


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What is Hexaware Technologies Gross Profit?

Hexaware Technologies's gross profit for the three months ended in Sep. 2020 was $64.45 Mil. Hexaware Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2020 was $180.19 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hexaware Technologies's gross profit for the three months ended in Sep. 2020 was $64.45 Mil. Hexaware Technologies's Revenue for the three months ended in Sep. 2020 was $215.70 Mil. Therefore, Hexaware Technologies's Gross Margin % for the quarter that ended in Sep. 2020 was 29.88%.

Hexaware Technologies had a gross margin of 29.88% for the quarter that ended in Sep. 2020 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hexaware Technologies was 85.49%. The lowest was 24.14%. And the median was 26.88%.

Warning Sign:

Hexaware Technologies Ltd gross margin has been in long term decline. The average rate of decline per year is -2.5%.


Hexaware Technologies Gross Profit Historical Data

The historical data trend for Hexaware Technologies'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.

Hexaware Technologies Gross Profit Chart

Hexaware Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.74 131.50 157.65 158.84 189.40

Hexaware Technologies Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 62.77 20.70 46.68 48.37 64.45

Competitive Comparison of Hexaware Technologies's Gross Profit

For the Information Technology Services subindustry, Hexaware Technologies'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.


Hexaware Technologies's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Hexaware Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hexaware Technologies's Gross Profit falls into.



Hexaware Technologies Gross Profit Calculation

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

Hexaware Technologies's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=784.539 - 595.138
=189.40

Hexaware Technologies's Gross Profit for the quarter that ended in Sep. 2020 is calculated as

Gross Profit (Q: Sep. 2020 )=Revenue - Cost of Goods Sold
=215.702 - 151.255
=64.45

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $180.19 Mil.

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

Hexaware Technologies's Gross Margin % for the quarter that ended in Sep. 2020 is calculated as

Gross Margin % (Q: Sep. 2020 )=Gross Profit (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=64.45 / 215.702
=29.88 %

* 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.


Hexaware Technologies  (OTCPK:HXWRY) 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

Hexaware Technologies had a gross margin of 29.88% for the quarter that ended in Sep. 2020 => Competition eroding margins


Hexaware Technologies Gross Profit Related Terms

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Hexaware Technologies (Hexaware Technologies) Business Description

Traded in Other Exchanges
N/A
Address
152 Millennium Business Park, Sector-lll, A Block, TTC Industrial Area, Mahape, Navi Mumbai, Maharashtra, IND, 400710
Hexaware Technologies provides a variety of information technology services, including information technology application consulting, support and maintenance, infrastructure management, business process services, robotic process automation, and customer relationship management. Hexaware is organized into four segments based on customer industry: banking and financial services, travel and transportation, heath and insurance, manufacturing and consumer, and professional services. The banking and financial services segment generates the most revenue. The majority of revenue comes from the United States.