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Reliability (Reliability) Gross Margin % : 14.95% (As of Dec. 2023)


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What is Reliability Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Reliability's Gross Profit for the three months ended in Dec. 2023 was $0.82 Mil. Reliability's Revenue for the three months ended in Dec. 2023 was $5.46 Mil. Therefore, Reliability's Gross Margin % for the quarter that ended in Dec. 2023 was 14.95%.


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

RLBY' s Gross Margin % Range Over the Past 10 Years
Min: 10.58   Med: 12.44   Max: 14.17
Current: 14.17


During the past 13 years, the highest Gross Margin % of Reliability was 14.17%. The lowest was 10.58%. And the median was 12.44%.

RLBY's Gross Margin % is ranked worse than
87.17% of 990 companies
in the Business Services industry
Industry Median: 34.505 vs RLBY: 14.17

Reliability had a gross margin of 14.95% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


Reliability Gross Margin % Historical Data

The historical data trend for Reliability'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.

Reliability Gross Margin % Chart

Reliability Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.58 11.90 12.44 13.58 14.17

Reliability Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.11 13.68 13.57 14.45 14.95

Competitive Comparison of Reliability's Gross Margin %

For the Staffing & Employment Services subindustry, Reliability'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.


Reliability's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Reliability's Gross Margin % distribution charts can be found below:

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



Reliability Gross Margin % Calculation

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

Reliability's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3 / 21.451
=(Revenue - Cost of Goods Sold) / Revenue
=(21.451 - 18.412) / 21.451
=14.17 %

Reliability'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 )
=0.8 / 5.459
=(Revenue - Cost of Goods Sold) / Revenue
=(5.459 - 4.643) / 5.459
=14.95 %

* 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.


Reliability  (OTCPK:RLBY) 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

Reliability had a gross margin of 14.95% for the quarter that ended in Dec. 2023 => 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.


Reliability Gross Margin % Related Terms

Thank you for viewing the detailed overview of Reliability's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliability (Reliability) Business Description

Traded in Other Exchanges
N/A
Address
12124 Skylark Road, Clarksburg, MD, USA, 20871
Reliability Inc provides workforce solutions to its clients consisting primarily of Employer of Record (EOR) services, recruiting and staffing, and video and multimedia production. It operates within four industry segments: EOR, Recruiting and Staffing, Video and Multimedia Production, and Direct Hire. The EOR segment which generates a majority of revenue for the company provides media field talent to a host of large corporate customers. The company's clients are in diverse industries including media, financial services including banking, medical devices, pharmaceuticals, telecommunications, energy, healthcare, and education.
Executives
Kalyan Pathuri 10 percent owner 6206 COLCHESTER RD., FAIRFAX VA 22030
Silvija Valleru 10 percent owner C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Naveen Doki 10 percent owner C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Nick Tsahalis officer: President C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Mark R. Speck director, officer: Chief Financial Officer C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Shirisha Janumpally 10 percent owner C/O RELIABILITY INCORPORATED, 22 BALTIMORE ROAD, ROCKVILLE MD 20850
Julia Marshall Dayton director, 10 percent owner 53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870
Shawn Spain Miles director 53 FOREST AVE. 1ST FLOOR, OLD GREENWICH CT 06870
Alexander S Rosenbluth director 53 FOREST AVENUE, 1ST FLOOR, OLD GREEWICH CO 06870
Lone Star Value Investors Lp 10 percent owner 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Jeffrey E. Eberwein 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Lone Star Value Management Llc 10 percent owner 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc 10 percent owner 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Derosa William Thomas Jr. director 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Hannah M. Bible director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870

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