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Pure Storage (LTS:0KSA) Gross-Profit-to-Asset % : 54.48% (As of Apr. 2024)


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What is Pure Storage Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Pure Storage's annualized Gross Profit for the quarter that ended in Apr. 2024 was $1,983 Mil. Pure Storage's average Total Assets over the quarter that ended in Apr. 2024 was $3,640 Mil. Therefore, Pure Storage's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 was 54.48%.


Pure Storage Gross-Profit-to-Asset % Historical Data

The historical data trend for Pure Storage's Gross-Profit-to-Asset % 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.

Pure Storage Gross-Profit-to-Asset % Chart

Pure Storage Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.27 44.33 49.46 56.83 56.15

Pure Storage Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Gross-Profit-to-Asset % 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 50.85 63.89 68.14 64.87 54.48

Competitive Comparison of Pure Storage's Gross-Profit-to-Asset %

For the Computer Hardware subindustry, Pure Storage's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Pure Storage's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pure Storage's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Pure Storage's Gross-Profit-to-Asset % falls into.



Pure Storage Gross-Profit-to-Asset % Calculation

Pure Storage's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=2021.191/( (3543.46+3655.76)/ 2 )
=2021.191/3599.61
=56.15 %

Pure Storage's annualized Gross-Profit-to-Asset % for the quarter that ended in Apr. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=1982.824/( (3655.76+3623.61)/ 2 )
=1982.824/3639.685
=54.48 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Apr. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Pure Storage Gross-Profit-to-Asset % Related Terms

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Pure Storage (LTS:0KSA) Business Description

Traded in Other Exchanges
Address
650 Castro Street, Suite 400, Mountain View, CA, USA, 94041
Pure Storage Inc is a US-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue which includes the sale of integrated storage hardware and embedded operating system software and; subscription services revenue which includes Evergreen Storage subscriptions, a unified subscription which includes Pure as-a-Service, and Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

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