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Turning Point Therapeutics Gross Margin %

: 0.00% (As of Dec. 2020)
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Gross Margin % is calculated as gross profit divided by its revenue. Turning Point Therapeutics's Gross Profit for the three months ended in Dec. 2020 was $0.00 Mil. Turning Point Therapeutics's Revenue for the three months ended in Dec. 2020 was $0.00 Mil. Therefore, Turning Point Therapeutics's Gross Margin % for the quarter that ended in Dec. 2020 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.




Turning Point Therapeutics had a gross margin of N/A% for the quarter that ended in Dec. 2020 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Turning Point Therapeutics was 0.00% per year.


Turning Point Therapeutics Gross Margin % Historical Data

* 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.

Turning Point Therapeutics Annual Data
Dec17 Dec18 Dec19 Dec20
Gross Margin % - - - -

Turning Point Therapeutics Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison
* 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.


Turning Point Therapeutics Gross Margin % Distribution

* The bar in red indicates where Turning Point Therapeutics's Gross Margin % falls into.



Turning Point Therapeutics Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Turning Point Therapeutics's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=25 / 25
=(Revenue - Cost of Goods Sold) / Revenue
=(25 - 0) / 25
=N/A %

Turning Point Therapeutics's Gross Margin for the quarter that ended in Dec. 2020 is calculated as


Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Turning Point Therapeutics  (NAS:TPTX) 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

Turning Point Therapeutics had a gross margin of N/A% for the quarter that ended in Dec. 2020 => No sustainable competitive advantage


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.


Turning Point Therapeutics Gross Margin % Related Terms


Turning Point Therapeutics Gross Margin % Headlines

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