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NSK (NPSKY) Gross Profit : $1,313 Mil (TTM As of Dec. 2023)


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What is NSK Gross Profit?

NSK's gross profit for the three months ended in Dec. 2023 was $308 Mil. NSK's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,313 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NSK's gross profit for the three months ended in Dec. 2023 was $308 Mil. NSK's Revenue for the three months ended in Dec. 2023 was $1,399 Mil. Therefore, NSK's Gross Margin % for the quarter that ended in Dec. 2023 was 22.03%.

NSK had a gross margin of 22.03% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of NSK was 22.99%. The lowest was 16.89%. And the median was 21.72%.

Warning Sign:

NSK Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


NSK Gross Profit Historical Data

The historical data trend for NSK'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.

NSK Gross Profit Chart

NSK Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,975.64 1,425.89 1,161.37 1,431.34 1,429.44

NSK Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 329.24 451.74 275.15 278.18 308.10

Competitive Comparison of NSK's Gross Profit

For the Auto Parts subindustry, NSK'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.


NSK's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NSK's Gross Profit distribution charts can be found below:

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



NSK Gross Profit Calculation

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

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

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=7018.314 - 5588.875
=1,429

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1398.569 - 1090.467
=308

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 $1,313 Mil.

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

NSK'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
=308 / 1398.569
=22.03 %

* 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.


NSK  (OTCPK:NPSKY) 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

NSK had a gross margin of 22.03% for the quarter that ended in Dec. 2023 => Competition eroding margins


NSK Gross Profit Related Terms

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NSK (NPSKY) Business Description

Traded in Other Exchanges
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

NSK (NPSKY) Headlines

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