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Ricoh Leasing Co (TSE:8566) Gross Profit : 円45,567 Mil (TTM As of Dec. 2023)


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What is Ricoh Leasing Co Gross Profit?

Ricoh Leasing Co's gross profit for the three months ended in Dec. 2023 was 円11,436 Mil. Ricoh Leasing Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円45,567 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ricoh Leasing Co's gross profit for the three months ended in Dec. 2023 was 円11,436 Mil. Ricoh Leasing Co's Revenue for the three months ended in Dec. 2023 was 円79,657 Mil. Therefore, Ricoh Leasing Co's Gross Margin % for the quarter that ended in Dec. 2023 was 14.36%.

Ricoh Leasing Co had a gross margin of 14.36% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ricoh Leasing Co was 14.78%. The lowest was 10.27%. And the median was 11.27%.


Ricoh Leasing Co Gross Profit Historical Data

The historical data trend for Ricoh Leasing 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.

Ricoh Leasing Co Gross Profit Chart

Ricoh Leasing Co 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 35,182.00 37,701.00 40,040.00 43,272.00 45,567.00

Ricoh Leasing Co 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 10,901.00 11,132.00 11,952.00 11,436.00 11,047.00

Competitive Comparison of Ricoh Leasing Co's Gross Profit

For the Credit Services subindustry, Ricoh Leasing 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.


Ricoh Leasing Co's Gross Profit Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's Gross Profit distribution charts can be found below:

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



Ricoh Leasing Co Gross Profit Calculation

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

Ricoh Leasing Co'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
=308335 - 262768
=45,567

Ricoh Leasing Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=79657 - 68221
=11,436

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45,567 Mil.

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

Ricoh Leasing 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=11,436 / 79657
=14.36 %

* 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.


Ricoh Leasing Co  (TSE:8566) 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

Ricoh Leasing Co had a gross margin of 14.36% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Ricoh Leasing Co Gross Profit Related Terms

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Ricoh Leasing Co (TSE:8566) Business Description

Traded in Other Exchanges
N/A
Address
1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518
Ricoh Leasing has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.

Ricoh Leasing Co (TSE:8566) Headlines

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