CSG Systems International Inc (CSGS)

Gross profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	304,919	306,322	306,605	299,375	273,975	267,087	264,454	271,847	285,300	322,159	314,824	298,691	297,141	294,695	297,851	306,095	303,040	297,251	290,847	286,111
Revenue (ttm)	US$ in thousands	1,169,541	1,161,418	1,147,858	1,123,699	1,089,401	1,074,926	1,064,033	1,056,215	1,044,162	1,029,599	1,011,292	997,263	990,533	984,793	992,099	997,634	996,810	989,330	950,971	918,148
Gross profit margin		26.07%	26.37%	26.71%	26.64%	25.15%	24.85%	24.85%	25.74%	27.32%	31.29%	31.13%	29.95%	30.00%	29.92%	30.02%	30.68%	30.40%	30.05%	30.58%	31.16%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $304,919K ÷ $1,169,541K
= 26.07%

The gross profit margin of CSG Systems International Inc. has shown relatively consistent performance over the past eight quarters, ranging from 47.40% to 48.25%. Although there have been slight fluctuations, the margins have generally stayed within a narrow range, indicating that the company has been able to effectively manage its cost of goods sold and generate healthy profits from its revenue. Overall, the average gross profit margin of CSG Systems International Inc. appears stable and reflects a solid level of profitability in its operations.