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Daiwa Co (TSE:8247) Gross Profit : 円8,415 Mil (TTM As of Nov. 2023)


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What is Daiwa Co Gross Profit?

Daiwa Co's gross profit for the three months ended in Nov. 2023 was 円2,088 Mil. Daiwa Co's gross profit for the trailing twelve months (TTM) ended in Nov. 2023 was 円8,415 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Daiwa Co's gross profit for the three months ended in Nov. 2023 was 円2,088 Mil. Daiwa Co's Revenue for the three months ended in Nov. 2023 was 円3,836 Mil. Therefore, Daiwa Co's Gross Margin % for the quarter that ended in Nov. 2023 was 54.43%.

Daiwa Co had a gross margin of 54.43% for the quarter that ended in Nov. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Daiwa Co was 51.58%. The lowest was 21.07%. And the median was 23.25%.


Daiwa Co Gross Profit Historical Data

The historical data trend for Daiwa 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.

Daiwa Co Gross Profit Chart

Daiwa Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,582.41 9,982.91 7,148.74 8,002.09 8,140.33

Daiwa Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1,978.11 2,280.44 2,071.70 1,974.61 2,087.95

Competitive Comparison of Daiwa Co's Gross Profit

For the Department Stores subindustry, Daiwa 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.


Daiwa Co's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daiwa Co's Gross Profit distribution charts can be found below:

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



Daiwa Co Gross Profit Calculation

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

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

Gross Profit (A: Feb. 2023 )=Revenue - Cost of Goods Sold
=15852.456 - 7712.129
=8,140

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

Gross Profit (Q: Nov. 2023 )=Revenue - Cost of Goods Sold
=3835.968 - 1748.018
=2,088

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円8,415 Mil.

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

Daiwa Co's Gross Margin % for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,088 / 3835.968
=54.43 %

* 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 Co  (TSE:8247) 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 Co had a gross margin of 54.43% for the quarter that ended in Nov. 2023 => Durable competitive advantage


Daiwa Co Gross Profit Related Terms

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Daiwa Co (TSE:8247) Business Description

Traded in Other Exchanges
N/A
Address
5 No. 2 No. Kanazawa Katamachi 2-chome, Kanazawa, JPN
Daiwa Co Ltd is a Japan-based company mainly engaged in the operation of department stores. It operates three department stores in Kanazawa, Toyama and Takaoka cities.

Daiwa Co (TSE:8247) Headlines

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