Gross Margin - Converge Information & Communications Technology Solutions Inc (XPHS:CNVRG) - Alpha Spread
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Converge Information & Communications Technology Solutions Inc
XPHS:CNVRG

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Converge Information & Communications Technology Solutions Inc
XPHS:CNVRG
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Price: 16.34 PHP 2.77% Market Closed
Market Cap: 118.7B PHP
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Gross Margin
Converge Information & Communications Technology Solutions Inc

62.4%
Current
62%
Average
47.6%
Industry

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
62.4%
=
Gross Profit
23.4B
/
Revenue
37.5B

Gross Margin Across Competitors

Country US
Market Cap 183.3B USD
Gross Margin
60%
Country US
Market Cap 153.5B USD
Gross Margin
60%
Country DE
Market Cap 129.4B EUR
Gross Margin
61%
Country JP
Market Cap 12.6T JPY
Gross Margin
0%
Country CN
Market Cap 537.1B CNY
Gross Margin
29%
Country SA
Market Cap 189B SAR
Gross Margin
42%
Country SG
Market Cap 55.8B SGD
Gross Margin
57%
Country CH
Market Cap 28.1B CHF
Gross Margin
80%
Country CA
Market Cap 32.6B USD
Gross Margin
68%
Country FR
Market Cap 28.6B EUR
Gross Margin
59%

Profitability Report

View the profitability report to see the full profitability analysis for Converge Information & Communications Technology Solutions Inc.

See Also

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What is Gross Margin?

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
62.4%
=
Gross Profit
23.4B
/
Revenue
37.5B
What is the Gross Margin of Converge Information & Communications Technology Solutions Inc?

Based on Converge Information & Communications Technology Solutions Inc's most recent financial statements, the company has Gross Margin of 62.4%.