I’m new to investing an have appeared a number of movies on analysis firm funds. I’m now attempting to use this data to an instance firm, Microsoft.
On the important thing statistics web page it says that the Working Margin 42.56% and (web) Revenue Margin is 37.63%
Let’s attempt to calculate these values with the earnings assertion gadgets on this web page, first the Working Margin:
Gross Revenue:
| complete income | 192’557’000 |
|---|---|
| price of income (COGS) | 60’212’000 |
| Gross Revenue | 192’557’000 – 60’212’000 = 132’345’000 |
Working Bills:
| Promoting Basic and Administrative Prices | 27’051’000 |
|---|---|
| R&D | 23’350’000 |
| Working Bills | 27’051’000 + 23’350’000 = 50’401’000 |
So:
To this point so good. However I’m having bother attending to the online revenue margin. I’ve discovered that:
Internet Revenue Margin = (Internet Earnings / Income) * 100%
Internet Earnings = Complete Income – (COGS + promoting, common and administrative prices + working bills + depreciation + curiosity + taxes + different bills)
So (line gadgets coming from Yahoo! Finance Earnings Assertion):
| COGS | 60’212’000 |
|---|---|
| Promoting Basic and Administrative Prices | 27’051’000 |
| Working Bills | 50’401’000 (see above) |
| Depreciation | 13’825’000 |
| Curiosity Expense | 2’120’000 |
| Tax Provision | 10’178’000 |
| Different Bills (I do not see any listed) | 0 |
| Complete Bills | 136’736’000 |
So:
However in accordance with Yahoo! the Internet Revenue Margin = 37.63%. From this I derive that the Complete Bills in accordance with Yahoo! are 72’456’000 (as a result of (72456000 / 192’557’000) * 100% = 37.63%)
My query is: what am I doing unsuitable? My calculated Internet Earnings is (72’456’000 – 55’821’000) 16’635’000 too low, however I can not discover another line gadgets that add as much as 16’635’000.
Can somebody present me, based mostly on the road gadgets on Yahoo! Finance how I can appropriately calculate the Internet Revenue Margin? Any assistance is drastically appreciated!
