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Lever Style (Lever Style) Gross Profit : $59.9 Mil (TTM As of Dec. 2023)


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What is Lever Style Gross Profit?

Lever Style's gross profit for the six months ended in Dec. 2023 was $32.0 Mil. Lever Style's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $59.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lever Style's gross profit for the six months ended in Dec. 2023 was $32.0 Mil. Lever Style's Revenue for the six months ended in Dec. 2023 was $108.3 Mil. Therefore, Lever Style's Gross Margin % for the quarter that ended in Dec. 2023 was 29.51%.

Lever Style had a gross margin of 29.51% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Lever Style was 29.57%. The lowest was 18.31%. And the median was 27.98%.


Lever Style Gross Profit Historical Data

The historical data trend for Lever Style'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.

Lever Style Gross Profit Chart

Lever Style Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 35.71 25.94 39.67 61.58 59.88

Lever Style Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.54 26.64 34.94 27.92 31.97

Competitive Comparison of Lever Style's Gross Profit

For the Apparel Manufacturing subindustry, Lever Style'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.


Lever Style's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lever Style's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lever Style's Gross Profit falls into.



Lever Style Gross Profit Calculation

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

Lever Style's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=208.529 - 148.646
=59.9

Lever Style's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=108.322 - 76.355
=32.0

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $59.9 Mil.

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

Lever Style's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=32.0 / 108.322
=29.51 %

* 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.


Lever Style  (OTCPK:LVSYF) 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

Lever Style had a gross margin of 29.51% for the quarter that ended in Dec. 2023 => Competition eroding margins


Lever Style Gross Profit Related Terms

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Lever Style (Lever Style) Business Description

Traded in Other Exchanges
Address
12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG
Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.

Lever Style (Lever Style) Headlines

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