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WDB Holdings Co (TSE:2475) Gross Margin % : 24.71% (As of Dec. 2023)


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What is WDB Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. WDB Holdings Co's Gross Profit for the three months ended in Dec. 2023 was 円3,121 Mil. WDB Holdings Co's Revenue for the three months ended in Dec. 2023 was 円12,632 Mil. Therefore, WDB Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 24.71%.


The historical rank and industry rank for WDB Holdings Co's Gross Margin % or its related term are showing as below:

TSE:2475' s Gross Margin % Range Over the Past 10 Years
Min: 23.74   Med: 25.05   Max: 26.65
Current: 24.14


During the past 13 years, the highest Gross Margin % of WDB Holdings Co was 26.65%. The lowest was 23.74%. And the median was 25.05%.

TSE:2475's Gross Margin % is ranked worse than
67.47% of 990 companies
in the Business Services industry
Industry Median: 34.395 vs TSE:2475: 24.14

WDB Holdings Co had a gross margin of 24.71% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for WDB Holdings Co was 0.40% per year.


WDB Holdings Co Gross Margin % Historical Data

The historical data trend for WDB Holdings Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WDB Holdings Co Gross Margin % Chart

WDB Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.54 26.40 26.14 26.65 25.07

WDB Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.33 23.71 23.70 24.42 24.71

Competitive Comparison of WDB Holdings Co's Gross Margin %

For the Staffing & Employment Services subindustry, WDB Holdings Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WDB Holdings Co's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WDB Holdings Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where WDB Holdings Co's Gross Margin % falls into.



WDB Holdings Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

WDB Holdings Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=11934.7 / 47602.446
=(Revenue - Cost of Goods Sold) / Revenue
=(47602.446 - 35667.759) / 47602.446
=25.07 %

WDB Holdings Co's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3120.9 / 12631.721
=(Revenue - Cost of Goods Sold) / Revenue
=(12631.721 - 9510.843) / 12631.721
=24.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


WDB Holdings Co  (TSE:2475) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

WDB Holdings Co had a gross margin of 24.71% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


WDB Holdings Co Gross Margin % Related Terms

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WDB Holdings Co (TSE:2475) Business Description

Traded in Other Exchanges
N/A
Address
79 Toyosawa-cho, Hyogo, Himeji, JPN, 670-0964
WDB Holdings Co Ltd is a Japan based holding company engaged in providing human resource services. It specializes in temporary staffing and permanent employee introductions in fields such as biotechnology and chemistry research and development. The company operates in the businesses of Human resource services, CRO business, Contract research business, and Interaction business. In Human resource services, the company provides temporary staffing and recruiting services. In the CRO business, it offers support from basic research to clinical trials in the pharmaceutical, medical and other industries. The company operates contract research business in the fields of new materials, marine organism and industrial machinery.

WDB Holdings Co (TSE:2475) Headlines

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