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Adept Technology (Adept Technology) Gross Margin % : 39.00% (As of Jun. 2015)


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What is Adept Technology Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Adept Technology's Gross Profit for the three months ended in Jun. 2015 was $5.41 Mil. Adept Technology's Revenue for the three months ended in Jun. 2015 was $13.88 Mil. Therefore, Adept Technology's Gross Margin % for the quarter that ended in Jun. 2015 was 39.00%.


The historical rank and industry rank for Adept Technology's Gross Margin % or its related term are showing as below:


ADEP's Gross Margin % is not ranked *
in the Industrial Products industry.
Industry Median: 26.42
* Ranked among companies with meaningful Gross Margin % only.

Adept Technology had a gross margin of 39.00% for the quarter that ended in Jun. 2015 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Adept Technology was 0.00% per year.


Adept Technology Gross Margin % Historical Data

The historical data trend for Adept Technology's Gross Margin % 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.

Adept Technology Gross Margin % Chart

Adept Technology Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.30 42.28 40.84 46.26 41.99

Adept Technology Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Gross Margin % 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 46.32 44.74 42.89 41.36 39.00

Competitive Comparison of Adept Technology's Gross Margin %

For the Specialty Industrial Machinery subindustry, Adept Technology's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Adept Technology's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adept Technology's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Adept Technology's Gross Margin % falls into.



Adept Technology Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Adept Technology's Gross Margin for the fiscal year that ended in Jun. 2015 is calculated as

Gross Margin % (A: Jun. 2015 )=Gross Profit (A: Jun. 2015 ) / Revenue (A: Jun. 2015 )
=22.8 / 54.195
=(Revenue - Cost of Goods Sold) / Revenue
=(54.195 - 31.441) / 54.195
=41.99 %

Adept Technology's Gross Margin for the quarter that ended in Jun. 2015 is calculated as


Gross Margin % (Q: Jun. 2015 )=Gross Profit (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=5.4 / 13.882
=(Revenue - Cost of Goods Sold) / Revenue
=(13.882 - 8.468) / 13.882
=39.00 %

* 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.


Adept Technology  (NAS:ADEP) Gross Margin % 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

Adept Technology had a gross margin of 39.00% for the quarter that ended in Jun. 2015 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Adept Technology Gross Margin % Related Terms

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Adept Technology (Adept Technology) Business Description

Traded in Other Exchanges
N/A
Address
Adept Technology Inc was incorporated in California in 1983 and reincorporated in Delaware in 2005. The Company is a robotics-based automation supplier. Through integrated offerings of both industrial and mobile robots helps customers improve the speed, quality and efficiency of their production environments. It design and manufacture industrial (fixed) and mobile robots along with a complementary suite of control and vision systems and software which are used for assembly, packaging, handling, testing and logistics applications in both fixed repetitive and unstructured environments. It operates in two segments: Robotics and Services & Support. Its geographic areas include United States, Europe, Asia and among others. It classifies robots into two categories, fixed (industrial) robots (multi-axis) and mobile robots (autonomous vehicles). It manufactures both types of robots and offers many options such as vision and automation control software and related hardware, parts feeding and enterprise-level software. It competes with ABB, Epson, Fanuc, Kuka, Yaskawa, Denso, Motoman, Staubli, Amazon (Kiva), Aethon, MetraLabs Seegrid, Savant and Neobotix. The Company has approximately 31 patents issued and current on various innovations in the field of robotics, motion control, and machine vision technology.
Executives
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael P Kelly director
Hale Martin M Jr director, 10 percent owner
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
A Richard Juelis director 349 OYSTER POINT BLVD, STE 200, S SAN FRANCISCO CA 94080
Lisa M Cummins officer: Sr. VP Finance & CFO 3011 TRIAD DRIVE, LIVERMORE CA 94551
Leroy C Kopp other: No longer subject to Sec. 16 8400 NORMANDALE LAKE BOULEVARD, SUITE 1450, BLOOMINGTON MN 55437
Robert J Majteles director
Gruber & Mcbaine Capital Management Llc other: See Footnote remarks. 234 VAN NESS, STE 5, SAN FRANCISCO CA 94133
Charles H Finnie director TWO EMBARCADERO CENTER, SUITE 2200, SAN FRANCISCO CA 94111
Crosslink Capital Inc 10 percent owner, other: Affilate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Steven L Moore officer: VP Finance & CFO
Codd Ronald E F director C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089
Viavi Solutions Inc. 10 percent owner 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286

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