Credit Corp Group Ltd
ASX:CCP
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Gross Margin
Credit Corp Group Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | AU |
Market Cap | 1.1B AUD |
Gross Margin |
90%
|
Country | US |
Market Cap | 209.7B USD |
Gross Margin |
63%
|
Country | US |
Market Cap | 68.1B USD |
Gross Margin |
0%
|
Country | IN |
Market Cap | 4.3T INR |
Gross Margin |
61%
|
Country | US |
Market Cap | 43.6B USD |
Gross Margin |
0%
|
Country | US |
Market Cap | 25.4B USD |
Gross Margin |
0%
|
Country | KZ |
Market Cap | 18.4B USD |
Gross Margin |
0%
|
Country | US |
Market Cap | 17.2B USD |
Gross Margin |
0%
|
Country | IN |
Market Cap | 1.1T INR |
Gross Margin |
56%
|
Country | US |
Market Cap | 11.3B EUR |
Gross Margin |
74%
|
Country | IN |
Market Cap | 1T INR |
Gross Margin |
51%
|
Credit Corp Group Ltd
Glance View
Credit Corp. Group Ltd. engages in debt purchase and debt collection services. The company is headquartered in Sydney, New South Wales and currently employs 1,733 full-time employees. The company went IPO on 2000-09-04. Its segments include debt ledger purchasing (Australia and New Zealand), debt ledger purchasing (United States) and consumer lending (Australia and New Zealand). The debt ledger purchasing segment purchases consumer debts at a discount to their face value from credit providers in Australia and New Zealand, with the objective of recovering amounts in excess of the purchase price over the collection life cycle of the receivables to produce a return. The debt ledger purchasing (United States) segment purchases consumer debts at a discount to their face value from credit providers in the United States, with the objective of recovering amounts in excess of the purchase price over the collection life cycle of the receivables to produce a return. The consumer lending (Australia and New Zealand) segment offers various sustainable financial products to credit-impaired consumers.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Credit Corp Group Ltd's most recent financial statements, the company has Gross Margin of 89.8%.