ScanSource Inc (SCSC)
Gross profit margin
| Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 399,051 | 410,395 | 427,676 | 442,262 | 449,239 | 451,373 | 446,119 | 438,438 | 426,525 | 411,510 | 393,118 | 371,508 | 350,715 | 329,084 | 325,546 | 337,822 | 355,568 | 331,517 | 356,954 | 379,113 |
| Revenue (ttm) | US$ in thousands | 3,271,767 | 3,456,843 | 3,586,052 | 3,696,345 | 3,765,764 | 3,784,114 | 3,749,064 | 3,605,612 | 3,521,335 | 3,412,777 | 3,296,866 | 3,243,208 | 3,143,033 | 2,487,363 | 2,627,719 | 2,804,853 | 3,053,082 | 3,814,466 | 3,834,988 | 3,891,614 |
| Gross profit margin | 12.20% | 11.87% | 11.93% | 11.96% | 11.93% | 11.93% | 11.90% | 12.16% | 12.11% | 12.06% | 11.92% | 11.45% | 11.16% | 13.23% | 12.39% | 12.04% | 11.65% | 8.69% | 9.31% | 9.74% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $399,051K ÷ $3,271,767K
= 12.20%
ScanSource Inc's gross profit margin has shown some fluctuations over the periods presented. The margin ranged from a low of 8.69% in September 2019 to a high of 13.23% in March 2021. In recent quarters, the gross profit margin has been relatively stable, averaging around 12%. This indicates that the company is effectively managing its cost of goods sold and generating a reasonable level of profit from its sales revenue.
Overall, ScanSource Inc's gross profit margin appears to be within a healthy range for its industry, but there may be room for improvement to increase profitability further. It is essential for the company to continue monitoring and optimizing its cost structure to sustain and potentially enhance its gross profit margin in the future.
Peer comparison
Jun 30, 2024