GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MatsukiyoCocokara & Co (TSE:3088) » Definitions » Gross Margin %

MatsukiyoCocokara (TSE:3088) Gross Margin % : 34.69% (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is MatsukiyoCocokara Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MatsukiyoCocokara's Gross Profit for the three months ended in Dec. 2023 was 円91,074 Mil. MatsukiyoCocokara's Revenue for the three months ended in Dec. 2023 was 円262,567 Mil. Therefore, MatsukiyoCocokara's Gross Margin % for the quarter that ended in Dec. 2023 was 34.69%.


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

TSE:3088' s Gross Margin % Range Over the Past 10 Years
Min: 28.8   Med: 30.72   Max: 34.62
Current: 34.55


During the past 13 years, the highest Gross Margin % of MatsukiyoCocokara was 34.62%. The lowest was 28.80%. And the median was 30.72%.

TSE:3088's Gross Margin % is ranked worse than
59.44% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.53 vs TSE:3088: 34.55

MatsukiyoCocokara had a gross margin of 34.69% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MatsukiyoCocokara was 2.30% per year.


MatsukiyoCocokara Gross Margin % Historical Data

The historical data trend for MatsukiyoCocokara'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.

MatsukiyoCocokara Gross Margin % Chart

MatsukiyoCocokara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.16 32.08 31.44 32.88 34.62

MatsukiyoCocokara Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 34.73 35.08 33.92 34.53 34.69

Competitive Comparison of MatsukiyoCocokara's Gross Margin %

For the Pharmaceutical Retailers subindustry, MatsukiyoCocokara'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.


MatsukiyoCocokara's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MatsukiyoCocokara's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MatsukiyoCocokara's Gross Margin % falls into.



MatsukiyoCocokara Gross Margin % Calculation

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

MatsukiyoCocokara's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=329320 / 951247
=(Revenue - Cost of Goods Sold) / Revenue
=(951247 - 621927) / 951247
=34.62 %

MatsukiyoCocokara'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 )
=91074 / 262567
=(Revenue - Cost of Goods Sold) / Revenue
=(262567 - 171493) / 262567
=34.69 %

* 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.


MatsukiyoCocokara  (TSE:3088) 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

MatsukiyoCocokara had a gross margin of 34.69% for the quarter that ended in Dec. 2023 => Competition eroding margins


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.


MatsukiyoCocokara Gross Margin % Related Terms

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


MatsukiyoCocokara (TSE:3088) Business Description

Traded in Other Exchanges
Address
1-8-2 Yushima, Bunkyo-ku, 7th Floor, MK Ochanomizu Building, Tokyo, JPN, 113-0034
MatsukiyoCocokara & Co, formerly Matsumotokiyoshi Holdings Co., Ltd. is a large retail pharmacy in Japan. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumery, discount cosmetics, household items, pet supplies, groceries, and personal care products. Matsumotokiyoshi operates a private brand called matsukiyo. The highest concentration of Matsumotokiyoshi's stores are in the Kanto region, which includes Tokyo.

MatsukiyoCocokara (TSE:3088) Headlines

No Headlines