TRYT (TSE:9164) Gross Margin % : 58.50% (As of Dec. 2023)

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What is TRYT Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TRYT's Gross Profit for the three months ended in Dec. 2023 was 円6,759 Mil. TRYT's Revenue for the three months ended in Dec. 2023 was 円11,554 Mil. Therefore, TRYT's Gross Margin % for the quarter that ended in Dec. 2023 was 58.50%.

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

TSE:9164' s Gross Margin % Range Over the Past 10 Years
Min: 58.04 Med: 66.27 Max: 67.91
Current: 66.27

During the past 4 years, the highest Gross Margin % of TRYT was 67.91%. The lowest was 58.04%. And the median was 66.27%.

TSE:9164's Gross Margin % is ranked better than
82.69% of 988 companies
in the Business Services industry
Industry Median: 34.315 vs TSE:9164: 66.27

TRYT had a gross margin of 58.50% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for TRYT was 0.00% per year.

TRYT Gross Margin % Historical Data

The historical data trend for TRYT'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.

TRYT Gross Margin % Chart

TRYT Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

58.04

67.91

66.27

TRYT Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial					60.39	61.15	76.58	62.47	58.50

Competitive Comparison of TRYT's Gross Margin %

For the Staffing & Employment Services subindustry, TRYT'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.

TRYT's Gross Margin % Distribution in the Business Services Industry

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

* The bar in red indicates where TRYT's Gross Margin % falls into.

TRYT Gross Margin % Calculation

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

TRYT's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	34969	/	52767
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(52767 - 17798)	/	52767
	=	66.27 %

TRYT'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 )
	=	6759	/	11554
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(11554 - 4795)	/	11554
	=	58.50 %

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.

TRYT (TSE:9164) 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

TRYT had a gross margin of 58.50% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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.

TRYT Gross Margin % Related Terms

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TRYT (TSE:9164) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TRYT Inc (TSE:9164) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-12-7 Sonezaki, Seiwa Umeda Building 13 floor, Kita-ku, Osaka, JPN, 530-0057

Website

https://tryt-group.co.jp

TRYT Inc is involved in job placement and temporary staffing, specializing in the medical and welfare fields and the construction fields. The company operates nationwide in two main business areas: medical and welfare, which provides placement and temporary staffing services mainly in caregiving, nursing, childcare, and construction, which the company has operated since its founding.

TRYT (TSE:9164) Headlines

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