Coastal Contacts's gross profit for the
three
months ended in Jan. 2014 was kr134 Mil. Coastal Contacts's gross profit for the trailing twelve months (TTM) ended in Jan. 2014 was kr563 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Coastal Contacts's gross profit for the
three
months ended in Jan. 2014 was kr134 Mil. Coastal Contacts's Revenue for the
three
months ended in Jan. 2014 was kr309 Mil. Therefore, Coastal Contacts's Gross Margin % for the quarter that ended in Jan. 2014 was 43.28%.
Coastal Contacts had a gross margin of 43.28% for the quarter that ended in Jan. 2014 => Durable competitive advantage
Coastal Contacts Gross Profit Historical Data
The historical data trend for Coastal Contacts'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.
Competitive Comparison of Coastal Contacts's Gross Profit
For the Medical Instruments & Supplies subindustry, Coastal Contacts'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.
Coastal Contacts's Gross Profit Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Coastal Contacts's Gross Profit distribution charts can be found below:
* The bar in red indicates where Coastal Contacts's Gross Profit falls into.
Coastal Contacts Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Coastal Contacts's Gross Profit for the fiscal year that ended in Oct. 2013 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was kr563 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
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
Coastal Contacts had a gross margin of 43.28% for the quarter that ended in Jan. 2014 => Durable competitive advantage
Coastal Contacts Gross Profit Related Terms
Thank you for viewing the detailed overview of Coastal Contacts's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Coastal Contacts Inc. was incorporated under the Canada Business Corporations Act on December 14, 2000. The Company is an online retailer of vision care products. It is a direct-to-consumer retailer of vision care products and services. The Company sells contact lenses, eyeglasses and related products mainly through the Company's internet websites, although customers may also place orders over the telephone. It has operations and distribution centers in North America, Europe and Australia. The Company sells contact lenses manufactured by multinational companies such as Johnson and Johnson Inc., CIBA Vision Corporation (a division of Alcon), Bausch & Lomb Inc. and Coopervision Inc. It sells eyeglasses, which are mainly assembled in the Company's own laboratories, composed of frames and lenses purchased from a variety of different suppliers. The frames it uses in its eyeglasses include both branded frames and the Company's own private label frames such as Derek Cardigan, Kam Dhillon, Ltede and Joseph Marc. The Company also sells a variety of vision related products such as sunglasses and contact lens solutions including its own Healthy Eyes brand multipurpose contact lens solution for soft contact lenses. It offers substantially all of the soft contact lenses produced by the contact lens manufacturers, including Johnson & Johnson Inc., CIBA Vision Corporation, Bausch & Lomb Inc. and Coopervision Inc. The Company conducts all of its product fulfillment operations from the Company's distribution facilities in Vancouver, British Columbia, Canada; Stockholm, Sweden; Blaine, Washington and Sydney, Australia.
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