Life Electric Vehicles Holdings Inc (LFEV)
0.34
+0.09
(+34.92%)
USD |
OTCM |
Nov 21, 16:00
Life Electric Vehicles Holdings Gross Profit Margin (Quarterly): 4.79% for Aug. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| August 31, 2023 | 4.79% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
4.79%
Minimum
Aug 2023
4.79%
Maximum
Aug 2023
4.79%
Average
4.79%
Median
Aug 2023
Gross Profit Margin (Quarterly) Benchmarks
| Polaris Inc | 20.59% |
| Vivic Corp | 32.06% |
| Twin Vee PowerCats Co | -5.02% |
| Massimo Group | 27.16% |
| Tesla Inc | 19.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Profit Margin (Quarterly) | -128.2% |
| Operating Margin (Quarterly) | -128.2% |