Inter Parfums Inc (IPAR)

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	839,078	826,450	773,343	738,721	694,422	626,217	611,744	590,312	556,902	542,672	472,443	366,937	330,730	327,766	345,005	425,135	445,935	448,384	443,094	431,774
Revenue (ttm)	US$ in thousands	1,317,700	1,293,741	1,207,007	1,143,274	1,086,701	987,400	969,505	931,518	881,093	854,682	752,668	595,832	539,000	533,353	564,477	680,812	713,500	712,301	697,160	681,966
Gross profit margin		63.68%	63.88%	64.07%	64.61%	63.90%	63.42%	63.10%	63.37%	63.21%	63.49%	62.77%	61.58%	61.36%	61.45%	61.12%	62.45%	62.50%	62.95%	63.56%	63.31%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $839,078K ÷ $1,317,700K
= 63.68%

The gross profit margin of Inter Parfums, Inc. has been relatively stable over the past eight quarters, ranging from 63.14% to 64.37%. This indicates that the company has been effectively managing its production costs and pricing strategies to maintain a strong margin of profitability on its products. The slight fluctuations in the gross profit margin over this period suggest that Inter Parfums has been able to adapt to changing market conditions while maintaining a consistent level of profitability. Overall, the consistent gross profit margin performance reflects the company's ability to efficiently generate profits from its sales revenue.