The historical rank and industry rank for Nitori Holdings Co's Gross Margin % or its related term are showing as below:
TSE:9843'
s Gross Margin % Range Over the Past 10 Years
Min: 51.14 Med: 54.38 Max: 57.44
Current: 51.14
During the past 13 years, the highestGross Margin % of Nitori Holdings Co was 57.44%. The lowest was 51.14%. And the median was 54.38%.
TSE:9843's Gross Margin % is ranked better than 90.42% of 407
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 28.53
vs TSE:9843: 51.14
Nitori Holdings Co had a gross margin of 51.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nitori Holdings Co was -0.10% per year.
Nitori Holdings Co Gross Margin % Historical Data
The historical data trend for Nitori Holdings Co'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.
Competitive Comparison of Nitori Holdings Co's Gross Margin %
For the Furnishings, Fixtures & Appliances subindustry, Nitori Holdings Co'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.
Nitori Holdings Co's Gross Margin % Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nitori Holdings Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nitori Holdings Co's Gross Margin % falls into.
* 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.
Nitori Holdings Co (TSE:9843) 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
Nitori Holdings Co had a gross margin of 51.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage
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.
Nitori Holdings Co Gross Margin % Related Terms
Thank you for viewing the detailed overview of Nitori Holdings Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Nitori Holdings Co (TSE:9843) Business Description
Nitori Holdings Co Ltd is a Japanese holding company engaged in the sale of furniture and interior goods. It primarily operates home furnishing and fashion stores, along with other ventures such as the Nitori Mall and Corporate Enterprise, which focuses on corporate customers. It conducts these operations and more through its subsidiaries. The firm's products include bedding, curtains, cookware, tableware, tables, desks, and sofas. Nitori's operations are divided among manufacturing, trading company and logistics (which deals with imports and distribution centers), sales, and advertisement and publicity. Aside from its presence across Japan, the company operates in California, China, Huizhou, Indonesia, Shanghai, and Vietnam.
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