GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiei Kankyo Co Ltd (TSE:9336) » Definitions » Gross Margin %

Daiei Kankyo Co (TSE:9336) Gross Margin % : 45.47% (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Daiei Kankyo Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daiei Kankyo Co's Gross Profit for the three months ended in Dec. 2023 was 円8,716 Mil. Daiei Kankyo Co's Revenue for the three months ended in Dec. 2023 was 円19,167 Mil. Therefore, Daiei Kankyo Co's Gross Margin % for the quarter that ended in Dec. 2023 was 45.47%.


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

TSE:9336' s Gross Margin % Range Over the Past 10 Years
Min: 39.87   Med: 43.05   Max: 43.51
Current: 43.51


During the past 4 years, the highest Gross Margin % of Daiei Kankyo Co was 43.51%. The lowest was 39.87%. And the median was 43.05%.

TSE:9336's Gross Margin % is ranked better than
77.68% of 224 companies
in the Waste Management industry
Industry Median: 28.41 vs TSE:9336: 43.51

Daiei Kankyo Co had a gross margin of 45.47% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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


Daiei Kankyo Co Gross Margin % Historical Data

The historical data trend for Daiei Kankyo 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.

Daiei Kankyo Co Gross Margin % Chart

Daiei Kankyo Co Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Margin %
43.27 39.87 42.82 43.51

Daiei Kankyo Co Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only 45.78 43.76 43.63 45.47 41.09

Competitive Comparison of Daiei Kankyo Co's Gross Margin %

For the Waste Management subindustry, Daiei Kankyo 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.


Daiei Kankyo Co's Gross Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiei Kankyo Co's Gross Margin % distribution charts can be found below:

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



Daiei Kankyo Co Gross Margin % Calculation

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

Daiei Kankyo Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=31775 / 73035
=(Revenue - Cost of Goods Sold) / Revenue
=(73035 - 41260) / 73035
=43.51 %

Daiei Kankyo 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 )
=8716 / 19167
=(Revenue - Cost of Goods Sold) / Revenue
=(19167 - 10451) / 19167
=45.47 %

* 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.


Daiei Kankyo Co  (TSE:9336) 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

Daiei Kankyo Co had a gross margin of 45.47% 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.


Daiei Kankyo Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Daiei Kankyo Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Daiei Kankyo Co (TSE:9336) Business Description

Traded in Other Exchanges
N/A
Address
2-9-1 Koyo-cho, Kobe Fashion Plaza, Higashinada-ku, Hyogo Prefecture, Kobe, JPN, 658-0032
Daiei Kankyo Co Ltd is a engaged in the waste-related business. It focuses on collection and transportation, intermediate treatment and recycling, and final disposal of both general and industrial waste and valuable resource recycing business.

Daiei Kankyo Co (TSE:9336) Headlines

No Headlines