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Park24 Co (TSE:4666) Gross Profit : 円91,037 Mil (TTM As of Jan. 2024)


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What is Park24 Co Gross Profit?

Park24 Co's gross profit for the three months ended in Jan. 2024 was 円23,013 Mil. Park24 Co's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was 円91,037 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Park24 Co's gross profit for the three months ended in Jan. 2024 was 円23,013 Mil. Park24 Co's Revenue for the three months ended in Jan. 2024 was 円86,731 Mil. Therefore, Park24 Co's Gross Margin % for the quarter that ended in Jan. 2024 was 26.53%.

Park24 Co had a gross margin of 26.53% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Park24 Co was 27.29%. The lowest was 13.52%. And the median was 25.22%.


Park24 Co Gross Profit Historical Data

The historical data trend for Park24 Co's Gross Profit 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.

Park24 Co Gross Profit Chart

Park24 Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78,092.00 36,347.00 40,693.00 70,593.00 89,626.00

Park24 Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit 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 21,602.00 20,012.00 23,606.00 24,406.00 23,013.00

Competitive Comparison of Park24 Co's Gross Profit

For the Infrastructure Operations subindustry, Park24 Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Park24 Co's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Park24 Co's Gross Profit falls into.



Park24 Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Park24 Co's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=330123 - 240497
=89,626

Park24 Co's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=86731 - 63718
=23,013

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円91,037 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Park24 Co's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=23,013 / 86731
=26.53 %

* 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.


Park24 Co  (TSE:4666) Gross Profit 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

Park24 Co had a gross margin of 26.53% for the quarter that ended in Jan. 2024 => Competition eroding margins


Park24 Co Gross Profit Related Terms

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Park24 Co (TSE:4666) Business Description

Traded in Other Exchanges
Address
2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

Park24 Co (TSE:4666) Headlines

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