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Tsuzuki Denki Co (TSE:8157) Gross Margin % : 20.32% (As of Dec. 2023)


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What is Tsuzuki Denki Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tsuzuki Denki Co's Gross Profit for the three months ended in Dec. 2023 was 円6,527 Mil. Tsuzuki Denki Co's Revenue for the three months ended in Dec. 2023 was 円32,126 Mil. Therefore, Tsuzuki Denki Co's Gross Margin % for the quarter that ended in Dec. 2023 was 20.32%.


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

TSE:8157' s Gross Margin % Range Over the Past 10 Years
Min: 16.3   Med: 17.99   Max: 20.27
Current: 20.27


During the past 13 years, the highest Gross Margin % of Tsuzuki Denki Co was 20.27%. The lowest was 16.30%. And the median was 17.99%.

TSE:8157's Gross Margin % is ranked worse than
61.25% of 480 companies
in the Conglomerates industry
Industry Median: 24.795 vs TSE:8157: 20.27

Tsuzuki Denki Co had a gross margin of 20.32% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


Tsuzuki Denki Co Gross Margin % Historical Data

The historical data trend for Tsuzuki Denki 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.

* Premium members only.

Tsuzuki Denki Co Gross Margin % Chart

Tsuzuki Denki Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.41 17.89 18.87 19.51 20.27

Tsuzuki Denki Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.72 19.01 19.65 20.32 21.98

Competitive Comparison of Tsuzuki Denki Co's Gross Margin %

For the Conglomerates subindustry, Tsuzuki Denki 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.


Tsuzuki Denki Co's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tsuzuki Denki Co's Gross Margin % distribution charts can be found below:

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



Tsuzuki Denki Co Gross Margin % Calculation

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

Tsuzuki Denki Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=25308 / 124856
=(Revenue - Cost of Goods Sold) / Revenue
=(124856 - 99548) / 124856
=20.27 %

Tsuzuki Denki 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 )
=6527 / 32126
=(Revenue - Cost of Goods Sold) / Revenue
=(32126 - 25599) / 32126
=20.32 %

* 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.


Tsuzuki Denki Co  (TSE:8157) 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

Tsuzuki Denki Co had a gross margin of 20.32% 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.


Tsuzuki Denki Co Gross Margin % Related Terms

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Tsuzuki Denki Co (TSE:8157) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665
Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

Tsuzuki Denki Co (TSE:8157) Headlines

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