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KushCo Holdings's gross profit for the three months ended in May. 2021 was $4.4 Mil. KushCo Holdings's gross profit for the trailing twelve months (TTM) ended in May. 2021 was $23.4 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. KushCo Holdings's gross profit for the three months ended in May. 2021 was $4.4 Mil. KushCo Holdings's Revenue for the three months ended in May. 2021 was $28.3 Mil. Therefore, KushCo Holdings's Gross Margin % for the quarter that ended in May. 2021 was 15.43%.
KushCo Holdings had a gross margin of 15.43% for the quarter that ended in May. 2021 => No sustainable competitive advantage
During the past 7 years, the highest Gross Margin % of KushCo Holdings was 42.28%. The lowest was 6.65%. And the median was 32.61%.
Warning Sign:
KushCo Holdings Inc gross margin has been in long term decline. The average rate of decline per year is -26.6%.
The historical data trend for KushCo 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.
KushCo Holdings Annual Data | ||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | |||||||||
Gross Profit | Get a 7-Day Free Trial | 2.68 | 7.16 | 13.33 | 24.57 | 7.57 |
KushCo Holdings Quarterly Data | ||||||||||||||||||||
Aug16 | Nov16 | Feb17 | May17 | Aug17 | Nov17 | Feb18 | May18 | Aug18 | Nov18 | Feb19 | May19 | Aug19 | Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | |
Gross Profit | Get a 7-Day Free Trial | 2.37 | 6.84 | 5.74 | 6.44 | 4.37 |
For the Packaging & Containers subindustry, KushCo 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.
For the Packaging & Containers industry and Consumer Cyclical sector, KushCo Holdings's Gross Profit distribution charts can be found below:
* The bar in red indicates where KushCo Holdings's Gross Profit falls into.
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
KushCo Holdings's Gross Profit for the fiscal year that ended in Aug. 2020 is calculated as
Gross Profit (A: Aug. 2020 ) | = | Revenue | - | Cost of Goods Sold |
= | 113.837 | - | 106.265 | |
= | 7.6 |
KushCo Holdings's Gross Profit for the quarter that ended in May. 2021 is calculated as
Gross Profit (Q: May. 2021 ) | = | Revenue | - | Cost of Goods Sold |
= | 28.319 | - | 23.95 | |
= | 4.4 |
Gross Profit for the trailing twelve months (TTM) ended in May. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.4 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
KushCo Holdings's Gross Margin % for the quarter that ended in May. 2021 is calculated as
Gross Margin % (Q: May. 2021 ) | = | Gross Profit (Q: May. 2021 ) | / | Revenue (Q: May. 2021 ) |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | 4.4 | / | 28.319 | |
= | 15.43 % |
* 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.
KushCo Holdings (OTCPK:KSHB) 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
KushCo Holdings had a gross margin of 15.43% for the quarter that ended in May. 2021 => No sustainable competitive advantage
Thank you for viewing the detailed overview of KushCo Holdings's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Stephen Christoffersen | officer: Chief Financial Officer | 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630 |
Peter A. Kadens | director | C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630 |
Nicholas Kovacevich | director, officer: Chairman and CEO | 2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660 |
Oliveira Rodrigo De | officer: Chief Operating Officer | C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841 |
Donald H Hunter | director | C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109 |
Barbara Goodstein | director | 23 MAIN STREET, HOLMDEL NJ 07733 |
Dallas Imbimbo | director | 1800 NEWPORT CIRCLE, SANTA ANA CA 92705 |
Eric Baum | director | 866 BERKSHIRE DRIVE, WESTBURY NY 11590 |
Christopher Tedford | officer: Chief Financial Officer | C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841 |
Jason Vegotsky | officer: Chief Revenue Officer | C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841 |
Jim Mccormick | officer: CFO and COO | 1800 NEWPORT CIRCLE SANTA ANA CA 92705 |
Ben Wu | other: Consultant, Former COO | 1800 NEWPORT CIRCLE SANTA ANA CA 92705 |
Chris Martin | other: None | 1800 NEWPORT CIRCLE SANTA ANA CA 92705 |
Greg Gamet | other: None | 3539 GAYLORD STREET DENVER CO 80205 |
Jeffrey Meng | 10 percent owner | 17595 HARVARD STREET C552 IRVINE CA 92614 |
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