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Wavelock Holdings Co (TSE:7940) Gross Profit : 円5,312 Mil (TTM As of Dec. 2023)


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What is Wavelock Holdings Co Gross Profit?

Wavelock Holdings Co's gross profit for the three months ended in Dec. 2023 was 円1,212 Mil. Wavelock Holdings Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円5,312 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wavelock Holdings Co's gross profit for the three months ended in Dec. 2023 was 円1,212 Mil. Wavelock Holdings Co's Revenue for the three months ended in Dec. 2023 was 円5,532 Mil. Therefore, Wavelock Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 21.92%.

Wavelock Holdings Co had a gross margin of 21.92% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 9 years, the highest Gross Margin % of Wavelock Holdings Co was 24.49%. The lowest was 21.95%. And the median was 23.23%.


Wavelock Holdings Co Gross Profit Historical Data

The historical data trend for Wavelock Holdings Co'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.

Wavelock Holdings Co Gross Profit Chart

Wavelock Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only 6,553.00 7,019.47 7,163.29 4,879.95 5,142.32

Wavelock Holdings Co 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 1,112.58 1,162.07 1,755.42 1,181.55 1,212.47

Competitive Comparison of Wavelock Holdings Co's Gross Profit

For the Specialty Chemicals subindustry, Wavelock Holdings Co'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.


Wavelock Holdings Co's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Wavelock Holdings Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Wavelock Holdings Co's Gross Profit falls into.



Wavelock Holdings Co Gross Profit Calculation

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

Wavelock Holdings Co'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
=22584.917 - 17442.596
=5,142

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=5531.856 - 4319.382
=1,212

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 円5,312 Mil.

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

Wavelock Holdings 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,212 / 5531.856
=21.92 %

* 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.


Wavelock Holdings Co  (TSE:7940) 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

Wavelock Holdings Co had a gross margin of 21.92% for the quarter that ended in Dec. 2023 => Competition eroding margins


Wavelock Holdings Co Gross Profit Related Terms

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Wavelock Holdings Co (TSE:7940) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, No. 1 Akashi-cho, St. Road Tower, 13th Floor, Chuo-ku, Tokyo, JPN, 104-0044
Wavelock Holdings Co Ltd manufactures and sells household goods related products in Japan. The company offers construction/ civil engineering related materials, wallpapers; smoke-free walls; door screens, insect repellent nets, gardening nets and plastic sheets, tear tapes, metal decorating films, Packaging related materials, Agriculture related materials, Automotive/ weak electric materials and processed products. It also processes and sells and provides consulting services to synthetic resins and various materials.

Wavelock Holdings Co (TSE:7940) Headlines

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