Primech Holdings (Primech Holdings) Gross-Profit-to-Asset % : 20.21% (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Primech Holdings 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. Primech Holdings's annualized Gross Profit for the quarter that ended in Sep. 2023 was $8.30 Mil. Primech Holdings's average Total Assets over the quarter that ended in Sep. 2023 was $41.05 Mil. Therefore, Primech Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 20.21%.

Primech Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Primech Holdings'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.

Primech Holdings Gross-Profit-to-Asset % Chart

Primech Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Gross-Profit-to-Asset %

24.39

47.95

31.68

27.93

Primech Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			33.97	24.62	16.34	38.62	20.21

Competitive Comparison of Primech Holdings's Gross-Profit-to-Asset %

For the Specialty Business Services subindustry, Primech Holdings'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.

Primech Holdings's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Primech Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

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

Primech Holdings Gross-Profit-to-Asset % Calculation

Primech Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2023 )	/	( (Total Assets (A: Mar. 2022 )	+	Total Assets (A: Mar. 2023 ))	/ count )
	=	10.616	/	( (33.198	+	42.823)	/ 2 )
	=	10.616	/	38.0105
	=	27.93 %

Primech Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	8.298	/	( (42.823	+	39.281)	/ 2 )
	=	8.298	/	41.052
	=	20.21 %

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 two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Primech Holdings Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Primech Holdings's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Primech Holdings (Primech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primech Holdings Ltd (NAS:PMEC) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Ubi Crescent, Singapore, SGP, 408579

Website

https://www.primechholdings.com

Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines

From GuruFocus

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By Marketwired • 10-10-2023

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By GlobeNewswire • 10-10-2023