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Daiwa Industries (Daiwa Industries) Gross Profit : $184.2 Mil (TTM As of Dec. 2023)


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What is Daiwa Industries Gross Profit?

Daiwa Industries's gross profit for the three months ended in Dec. 2023 was $41.0 Mil. Daiwa Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $184.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Daiwa Industries's gross profit for the three months ended in Dec. 2023 was $41.0 Mil. Daiwa Industries's Revenue for the three months ended in Dec. 2023 was $73.2 Mil. Therefore, Daiwa Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 55.95%.

Daiwa Industries had a gross margin of 55.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Daiwa Industries was 60.22%. The lowest was 55.64%. And the median was 58.95%.

Warning Sign:

Daiwa Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Daiwa Industries Gross Profit Historical Data

The historical data trend for Daiwa Industries'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.

Daiwa Industries Gross Profit Chart

Daiwa Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 220.91 221.06 218.24 181.23 181.51

Daiwa Industries 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 43.56 44.06 48.76 50.43 40.95

Competitive Comparison of Daiwa Industries's Gross Profit

For the Specialty Industrial Machinery subindustry, Daiwa Industries'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.


Daiwa Industries's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Daiwa Industries's Gross Profit distribution charts can be found below:

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



Daiwa Industries Gross Profit Calculation

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

Daiwa Industries's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=319.272 - 137.762
=181.5

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=73.197 - 32.246
=41.0

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 $184.2 Mil.

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

Daiwa Industries'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
=41.0 / 73.197
=55.95 %

* 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.


Daiwa Industries  (OTCPK:DAWIF) 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

Daiwa Industries had a gross margin of 55.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Daiwa Industries Gross Profit Related Terms

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Daiwa Industries (Daiwa Industries) Business Description

Traded in Other Exchanges
Address
3-13 Obase-cho, Daiwa Reiki Uehonmachi DRK Building, Tennoji-ward, Osaka, JPN, 543-0028
Daiwa Industries Ltd is a Japanese company that primarily manufactures, sells, and leases freezers, refrigerators, showcases, ice machines, vending machines, cold-applied products, kitchen equipment, equipment, and parts. The company is also involved in planning, designing, and construction of stores and kitchens. Other business activities of the company include construction work and power generation.

Daiwa Industries (Daiwa Industries) Headlines

From GuruFocus

Daiwa Industries Ltd: A (Very) Profitable Japanese Net-Net

By Jerry Zhao Jerry Zhao 05-15-2012