Okamura's gross profit for the
three
months ended in Mar. 2024 was 円31,518 Mil. Okamura's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円99,772 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Okamura's gross profit for the
three
months ended in Mar. 2024 was 円31,518 Mil. Okamura's Revenue for the
three
months ended in Mar. 2024 was 円88,074 Mil. Therefore, Okamura's Gross Margin % for the quarter that ended in Mar. 2024 was 35.79%.
Okamura had a gross margin of 35.79% for the quarter that ended in Mar. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Okamura was 33.45%. The lowest was 29.55%. And the median was 31.92%.
Okamura Gross Profit Historical Data
The historical data trend for Okamura'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.
For the Business Equipment & Supplies subindustry, Okamura'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.
Okamura's Gross Profit Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Okamura's Gross Profit distribution charts can be found below:
* The bar in red indicates where Okamura's Gross Profit falls into.
Okamura Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Okamura's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円99,772 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Okamura (TSE:7994) 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
Okamura had a gross margin of 35.79% for the quarter that ended in Mar. 2024 => Competition eroding margins
Okamura Gross Profit Related Terms
Thank you for viewing the detailed overview of Okamura's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Okamura Corp is a Japanese manufacturer that operates through three segments. The office furniture segment provides office seating, desks, storage, filing supplies, room furniture, and fixtures. The store displays segment comprises products including display fixtures for food and stores, checkout facilities, and showcases. The material handling systems and others segment consists of automated warehouse, conveyor systems, sorting systems, shelves, and equipment for plants and warehouses. Combined, the office furniture and store displays segments contribute the majority of group sales. Okamura's products are manufactured both in Japan and overseas and are delivered across the world by its distribution network.
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