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Seiko Group (TSE:8050) Gross Profit : 円122,686 Mil (TTM As of Dec. 2023)


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What is Seiko Group Gross Profit?

Seiko Group's gross profit for the three months ended in Dec. 2023 was 円34,164 Mil. Seiko Group's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円122,686 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Seiko Group's gross profit for the three months ended in Dec. 2023 was 円34,164 Mil. Seiko Group's Revenue for the three months ended in Dec. 2023 was 円74,377 Mil. Therefore, Seiko Group's Gross Margin % for the quarter that ended in Dec. 2023 was 45.93%.

Seiko Group had a gross margin of 45.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Seiko Group was 44.32%. The lowest was 35.53%. And the median was 39.19%.


Seiko Group Gross Profit Historical Data

The historical data trend for Seiko Group'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.

Seiko Group Gross Profit Chart

Seiko Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94,928.00 79,866.00 99,178.00 111,798.00 122,686.00

Seiko Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 25,761.00 27,506.00 31,014.00 34,164.00 30,002.00

Competitive Comparison of Seiko Group's Gross Profit

For the Footwear & Accessories subindustry, Seiko Group'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.


Seiko Group's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Seiko Group's Gross Profit falls into.



Seiko Group Gross Profit Calculation

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

Seiko Group's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=276807 - 154121
=122,686

Seiko Group's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=74377 - 40213
=34,164

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円122,686 Mil.

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

Seiko Group'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 )
=(Revenue - Cost of Goods Sold) / Revenue
=34,164 / 74377
=45.93 %

* 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.


Seiko Group  (TSE:8050) 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

Seiko Group had a gross margin of 45.93% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Seiko Group Gross Profit Related Terms

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Seiko Group (TSE:8050) Business Description

Traded in Other Exchanges
N/A
Address
8-10, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8505
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.

Seiko Group (TSE:8050) Headlines

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