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Exco Technologies (TSX:XTC) Gross Profit : C$134.7 Mil (TTM As of Dec. 2023)


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What is Exco Technologies Gross Profit?

Exco Technologies's gross profit for the three months ended in Dec. 2023 was C$32.8 Mil. Exco Technologies's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$134.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Exco Technologies's gross profit for the three months ended in Dec. 2023 was C$32.8 Mil. Exco Technologies's Revenue for the three months ended in Dec. 2023 was C$156.7 Mil. Therefore, Exco Technologies's Gross Margin % for the quarter that ended in Dec. 2023 was 20.95%.

Exco Technologies had a gross margin of 20.95% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Exco Technologies was 24.25%. The lowest was 19.85%. And the median was 21.68%.


Exco Technologies Gross Profit Historical Data

The historical data trend for Exco Technologies'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.

Exco Technologies Gross Profit Chart

Exco Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.85 88.55 109.21 97.27 130.59

Exco Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.72 32.78 33.36 35.73 32.83

Competitive Comparison of Exco Technologies's Gross Profit

For the Auto Parts subindustry, Exco Technologies'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.


Exco Technologies's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Exco Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where Exco Technologies's Gross Profit falls into.



Exco Technologies Gross Profit Calculation

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

Exco Technologies's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=619.303 - 488.709
=130.6

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=156.71 - 123.878
=32.8

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$134.7 Mil.

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

Exco Technologies'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
=32.8 / 156.71
=20.95 %

* 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.


Exco Technologies  (TSX:XTC) 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

Exco Technologies had a gross margin of 20.95% for the quarter that ended in Dec. 2023 => Competition eroding margins


Exco Technologies Gross Profit Related Terms

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Exco Technologies (TSX:XTC) Business Description

Traded in Other Exchanges
Address
130 Spy Court, 2nd Floor, Markham, ON, CAN, L3R 5H6
Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, the Casting and Extrusion segment and Automotive Solutions segment. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers. Geographically, it derives a majority of its revenue from the United States and also has its presence in Canada, Europe, Asia and other regions.

Exco Technologies (TSX:XTC) Headlines

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