Gross margin
AccountingRevenue minus the direct cost of goods sold, as a percentage of revenue.
In plain terms
Its stability through a cost cycle says more than its level in calm conditions.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 1 term
Revenue minus the direct cost of goods sold, as a percentage of revenue.
Its stability through a cost cycle says more than its level in calm conditions.