Visteon Corp (VC)

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	487,000	471,000	432,000	402,000	368,000	353,000	296,000	257,000	254,000	244,000	296,000	265,000	245,000	260,000	245,000	311,000	324,000	316,000	314,000	348,000
Revenue (ttm)	US$ in thousands	3,954,000	4,022,000	4,036,000	3,902,000	3,756,000	3,478,000	3,083,000	2,846,000	2,774,000	2,768,000	2,886,000	2,649,000	2,548,000	2,505,000	2,489,000	2,851,000	2,945,000	2,932,000	2,882,000	2,907,000
Gross profit margin		12.32%	11.71%	10.70%	10.30%	9.80%	10.15%	9.60%	9.03%	9.16%	8.82%	10.26%	10.00%	9.62%	10.38%	9.84%	10.91%	11.00%	10.78%	10.90%	11.97%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $487,000K ÷ $3,954,000K
= 12.32%

The gross profit margin of Visteon Corp. has shown fluctuation over the past eight quarters. It increased from 9.03% in Q1 2022 to reach 12.32% in Q4 2023, displaying an overall increasing trend during this period. This indicates that the company has been able to effectively manage its production costs and generate more profitability from its sales. Although there were some fluctuations between quarters, the general upward trend in gross profit margin reflects positively on Visteon Corp.'s operational efficiency and ability to generate profits from its core business activities.