Table:
|  |  |  | 2018 |  | Increase |  |
| --- | --- | --- | --- | --- | --- | --- |
|  | GM$ | GM% | GM$ | GM% | GM$ | GM% |
|  |  |  | (Dollar amount in thousands) |  |  |  |
| Products | $7,462 | 13% | $6,886 | 13% | $576 | -% |
| Services | 6,427 | 56% | 5,376 | 55% | 1,051 | 1 |
| Total | $13,889 | 20% | $12,262 | 20% | 1,627 | -% |
Paragraphs:
The impact of product mix within our TS segment on gross margins for the fiscal years ended September 30 was as follows:
The overall TS segment gross margin as a percentage of sales remained the same in fiscal year 2019 when compared to fiscal year 2018. The $0.6 million increase in our TS segment product gross margins resulted from an increase in product revenues in the U.S. division, partially offset by a decrease in the U.K division. The $1.1 million.increase in the TS segment service gross margins primarily resulted from increased service revenues in the U.S. division.
Question:
What percentage of the company's total gross margin arises from products?
Answer: $7462/$13889  = 53.73