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Jerash Holdings (US) (Jerash Holdings (US)) Gross Profit : $17.9 Mil (TTM As of Dec. 2023)


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What is Jerash Holdings (US) Gross Profit?

Jerash Holdings (US)'s gross profit for the three months ended in Dec. 2023 was $4.5 Mil. Jerash Holdings (US)'s gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $17.9 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Jerash Holdings (US)'s gross profit for the three months ended in Dec. 2023 was $4.5 Mil. Jerash Holdings (US)'s Revenue for the three months ended in Dec. 2023 was $27.5 Mil. Therefore, Jerash Holdings (US)'s Gross Margin % for the quarter that ended in Dec. 2023 was 16.21%.

Jerash Holdings (US) had a gross margin of 16.21% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 9 years, the highest Gross Margin % of Jerash Holdings (US) was 25.91%. The lowest was 14.96%. And the median was 19.33%.

Warning Sign:

Jerash Holdings (US) Inc gross margin has been in long-term decline. The average rate of decline per year is -8.2%.


Jerash Holdings (US) Gross Profit Historical Data

The historical data trend for Jerash Holdings (US)'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.

Jerash Holdings (US) Gross Profit Chart

Jerash Holdings (US) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 18.78 17.98 16.00 27.33 21.79

Jerash Holdings (US) 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 5.80 2.45 5.57 5.37 4.46

Competitive Comparison of Jerash Holdings (US)'s Gross Profit

For the Apparel Manufacturing subindustry, Jerash Holdings (US)'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.


Jerash Holdings (US)'s Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerash Holdings (US)'s Gross Profit distribution charts can be found below:

* The bar in red indicates where Jerash Holdings (US)'s Gross Profit falls into.



Jerash Holdings (US) Gross Profit Calculation

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

Jerash Holdings (US)'s Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=138.063 - 116.273
=21.8

Jerash Holdings (US)'s Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=27.52 - 23.058
=4.5

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 $17.9 Mil.

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

Jerash Holdings (US)'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
=4.5 / 27.52
=16.21 %

* 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.


Jerash Holdings (US)  (NAS:JRSH) 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

Jerash Holdings (US) had a gross margin of 16.21% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Jerash Holdings (US) Gross Profit Related Terms

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Jerash Holdings (US) (Jerash Holdings (US)) Business Description

Traded in Other Exchanges
N/A
Address
277 Fairfield Road, Suite 338, Fairfield, NJ, USA, 07004
Jerash Holdings (US) Inc along with its subsidiaries is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers namely Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, and Philip-Van Heusen which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, Speedo etc. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants and shorts made from knitted fabric.
Executives
Chi Yan Mak director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Kian Tjiauw Lee 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Lin Hung Choi director, 10 percent owner, officer: Chairman/CEO/Pres./Treasurer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Yang Wei director, officer: Vice President and Secretary 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Tsze Lun Ng 10 percent owner 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Bill Korn director 61 DARREN DRIVE, BASKING RIDGE NJ 07920
Ibrahim H. Saif director 1 ZOHD STREET, RAWABI PROVINCE SWEIFIEH, AMMAN M2 11185
Gilbert K. Lee officer: Chief Financial Officer 260 EAST MAIN STREET, SUITE 2706, ROCHESTER NY 14604
Gary J. Haseley director C/O TRANSCAT, INC., 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Karl Brenza officer: Head of U.S. Operations 26 CHERRY STREET, KATONAH NY 10536
Richard J. Shaw officer: Chief Financial Officer 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001
Sean Socha director 147 W. 35TH STREET, ROOM #1603, NEW YORK NY 10001