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Precision Auto Care (Precision Auto Care) Gross Profit : $5.43 Mil (TTM As of Mar. 2017)


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What is Precision Auto Care Gross Profit?

Precision Auto Care's gross profit for the three months ended in Mar. 2017 was $1.45 Mil. Precision Auto Care's gross profit for the trailing twelve months (TTM) ended in Mar. 2017 was $5.43 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Precision Auto Care's gross profit for the three months ended in Mar. 2017 was $1.45 Mil. Precision Auto Care's Revenue for the three months ended in Mar. 2017 was $7.61 Mil. Therefore, Precision Auto Care's Gross Margin % for the quarter that ended in Mar. 2017 was 19.08%.

Precision Auto Care had a gross margin of 19.08% for the quarter that ended in Mar. 2017 => No sustainable competitive advantage


Precision Auto Care Gross Profit Historical Data

The historical data trend for Precision Auto Care'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.

Precision Auto Care Gross Profit Chart

Precision Auto Care Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun14 Jun15 Jun16
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 4.07 5.17 4.09 5.63

Precision Auto Care Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 1.47 1.62 1.42 0.94 1.45

Competitive Comparison of Precision Auto Care's Gross Profit

For the Personal Services subindustry, Precision Auto Care'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.


Precision Auto Care's Gross Profit Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Precision Auto Care's Gross Profit distribution charts can be found below:

* The bar in red indicates where Precision Auto Care's Gross Profit falls into.



Precision Auto Care Gross Profit Calculation

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

Precision Auto Care's Gross Profit for the fiscal year that ended in Jun. 2016 is calculated as

Gross Profit (A: Jun. 2016 )=Revenue - Cost of Goods Sold
=27.597 - 21.964
=5.63

Precision Auto Care's Gross Profit for the quarter that ended in Mar. 2017 is calculated as

Gross Profit (Q: Mar. 2017 )=Revenue - Cost of Goods Sold
=7.612 - 6.16
=1.45

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.43 Mil.

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

Precision Auto Care's Gross Margin % for the quarter that ended in Mar. 2017 is calculated as

Gross Margin % (Q: Mar. 2017 )=Gross Profit (Q: Mar. 2017 ) / Revenue (Q: Mar. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.45 / 7.612
=19.08 %

* 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.


Precision Auto Care  (OTCPK:PACI) 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

Precision Auto Care had a gross margin of 19.08% for the quarter that ended in Mar. 2017 => No sustainable competitive advantage


Precision Auto Care Gross Profit Related Terms

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Precision Auto Care (Precision Auto Care) Business Description

Traded in Other Exchanges
N/A
Address
Precision Auto Care Inc provides automotive maintenance services. The company's operations include Precision Tune Auto Care, an international franchisor of automotive service centers; Precision Auto Wash, an operator and franchisor of self-service car wash centers; and Precision Lube Express, an operator and franchisor of oil change and lube centers. Precision Auto Care also distributes automotive parts, equipment, and supplies.