Liquidity Services Inc (LQDT)

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	171,428	172,139	168,621	163,987	162,207	160,643	159,247	159,436	155,530	149,763	142,865	126,970	117,774	109,924	105,799	109,122	112,135	113,280	109,099	107,692
Revenue (ttm)	US$ in thousands	317,224	317,482	311,747	299,959	286,259	280,398	275,343	275,513	269,007	258,140	243,702	221,755	213,011	206,885	209,785	219,114	223,264	227,760	221,675	214,955
Gross profit margin		54.04%	54.22%	54.09%	54.67%	56.66%	57.29%	57.84%	57.87%	57.82%	58.02%	58.62%	57.26%	55.29%	53.13%	50.43%	49.80%	50.23%	49.74%	49.22%	50.10%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $171,428K ÷ $317,224K
= 54.04%

The gross profit margin of Liquidity Services Inc has exhibited a slight fluctuation over the past eight quarters, ranging from a high of 58.01% in Q2 2022 to a low of 54.45% in Q3 2023. The overall trend shows a gradual decline in gross profit margin from Q2 2022 to Q1 2024. This downward trend could indicate potential challenges in controlling direct costs related to the production or procurement of goods. It is important for the company to closely monitor and address factors impacting its gross profit margin in order to maintain profitability and financial health.