Daisho Co (TSE:2816) Gross Margin % : 40.89% (As of Dec. 2023)

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What is Daisho Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Daisho Co's Gross Profit for the three months ended in Dec. 2023 was 円3,435 Mil. Daisho Co's Revenue for the three months ended in Dec. 2023 was 円8,401 Mil. Therefore, Daisho Co's Gross Margin % for the quarter that ended in Dec. 2023 was 40.89%.

Warning Sign:

Daisho Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.

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

TSE:2816' s Gross Margin % Range Over the Past 10 Years
Min: 38.18 Med: 41.25 Max: 42.39
Current: 38.18

During the past 13 years, the highest Gross Margin % of Daisho Co was 42.39%. The lowest was 38.18%. And the median was 41.25%.

TSE:2816's Gross Margin % is ranked better than
84.52% of 310 companies
in the Retail - Defensive industry
Industry Median: 22.835 vs TSE:2816: 38.18

Daisho Co had a gross margin of 40.89% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Daisho Co was -1.20% per year.

Daisho Co Gross Margin % Historical Data

The historical data trend for Daisho 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.

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Daisho Co Gross Margin % Chart

Daisho Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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41.49

41.43

40.97

40.87

38.42

Daisho Co 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															40.31	31.67	38.12	39.59	40.89

Competitive Comparison of Daisho Co's Gross Margin %

For the Food Distribution subindustry, Daisho 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.

Daisho Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Daisho Co's Gross Margin % distribution charts can be found below:

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

Daisho Co Gross Margin % Calculation

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

Daisho Co'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 )
	=	8979	/	23373
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(23373 - 14394)	/	23373
	=	38.42 %

Daisho 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 )
	=	3435	/	8401
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(8401 - 4966)	/	8401
	=	40.89 %

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.

Daisho Co (TSE:2816) 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

Daisho Co had a gross margin of 40.89% 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.

Daisho Co Gross Margin % Related Terms

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

Daisho Co (TSE:2816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Daisho Co Ltd (TSE:2816) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-17-3, Kamezawa, Sumida-ku, Tokyo, JPN, 130-0014

Website

http://www.daisho.co.jp

Daisho Co Ltd is engaged in production and sales of dipping sauce, soup and seasoning powder ingredients. The company's products are divided into Retail products and Foodservice products. Retail products consist of green vegetable juice, meat, salt and pepper, and others, and Foodservice products comprise of Chubo-Ou Karaage mix, Yakiniku Dori Garlic and Soy, and others.

Daisho Co (TSE:2816) Headlines

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