GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jupiter Marine International Holdings Inc (OTCPK:JMIH) » Definitions » Gross Profit

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Gross Profit : $2.74 Mil (TTM As of Oct. 2007)


View and export this data going back to . Start your Free Trial

What is Jupiter Marine International Holdings Gross Profit?

Jupiter Marine International Holdings's gross profit for the three months ended in Oct. 2007 was $0.87 Mil. Jupiter Marine International Holdings's gross profit for the trailing twelve months (TTM) ended in Oct. 2007 was $2.74 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jupiter Marine International Holdings's gross profit for the three months ended in Oct. 2007 was $0.87 Mil. Jupiter Marine International Holdings's Revenue for the three months ended in Oct. 2007 was $3.86 Mil. Therefore, Jupiter Marine International Holdings's Gross Margin % for the quarter that ended in Oct. 2007 was 22.47%.

Jupiter Marine International Holdings had a gross margin of 22.47% for the quarter that ended in Oct. 2007 => Competition eroding margins


Jupiter Marine International Holdings Gross Profit Historical Data

The historical data trend for Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings Gross Profit Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Gross Profit
Get a 7-Day Free Trial 1.95 2.53 2.87 3.69 2.71

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 0.79 0.63 0.95 0.30 0.87

Competitive Comparison of Jupiter Marine International Holdings's Gross Profit

For the Leisure subindustry, Jupiter Marine International Holdings'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.


Jupiter Marine International Holdings's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jupiter Marine International Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Jupiter Marine International Holdings's Gross Profit falls into.



Jupiter Marine International Holdings Gross Profit Calculation

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

Jupiter Marine International Holdings's Gross Profit for the fiscal year that ended in Jul. 2007 is calculated as

Gross Profit (A: Jul. 2007 )=Revenue - Cost of Goods Sold
=15.225 - 12.519
=2.71

Jupiter Marine International Holdings's Gross Profit for the quarter that ended in Oct. 2007 is calculated as

Gross Profit (Q: Oct. 2007 )=Revenue - Cost of Goods Sold
=3.858 - 2.991
=0.87

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.74 Mil.

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

Jupiter Marine International Holdings's Gross Margin % for the quarter that ended in Oct. 2007 is calculated as

Gross Margin % (Q: Oct. 2007 )=Gross Profit (Q: Oct. 2007 ) / Revenue (Q: Oct. 2007 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.87 / 3.858
=22.47 %

* 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) 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

Jupiter Marine International Holdings had a gross margin of 22.47% for the quarter that ended in Oct. 2007 => Competition eroding margins


Jupiter Marine International Holdings Gross Profit Related Terms

Thank you for viewing the detailed overview of Jupiter Marine International Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

No Headlines