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Ricoh Co (Ricoh Co) Gross Margin % : 35.96% (As of Dec. 2023)


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What is Ricoh Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ricoh Co's Gross Profit for the three months ended in Dec. 2023 was $1,461 Mil. Ricoh Co's Revenue for the three months ended in Dec. 2023 was $4,064 Mil. Therefore, Ricoh Co's Gross Margin % for the quarter that ended in Dec. 2023 was 35.96%.

Warning Sign:

Ricoh Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


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

RICOY' s Gross Margin % Range Over the Past 10 Years
Min: 34.02   Med: 38.22   Max: 42.15
Current: 34.87


During the past 13 years, the highest Gross Margin % of Ricoh Co was 42.15%. The lowest was 34.02%. And the median was 38.22%.

RICOY's Gross Margin % is ranked better than
71.89% of 2935 companies
in the Industrial Products industry
Industry Median: 26.42 vs RICOY: 34.87

Ricoh Co had a gross margin of 35.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Ricoh Co was -2.10% per year.


Ricoh Co Gross Margin % Historical Data

The historical data trend for Ricoh 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.

Ricoh Co Gross Margin % Chart

Ricoh Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.09 35.92 34.02 35.41 34.93

Ricoh 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 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 34.69 34.11 35.58 33.93 35.96

Competitive Comparison of Ricoh Co's Gross Margin %

For the Business Equipment & Supplies subindustry, Ricoh 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.


Ricoh Co's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ricoh Co's Gross Margin % distribution charts can be found below:

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



Ricoh Co Gross Margin % Calculation

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

Ricoh 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 )
=5576.8 / 15966.717
=(Revenue - Cost of Goods Sold) / Revenue
=(15966.717 - 10389.895) / 15966.717
=34.93 %

Ricoh 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 )
=1461.3 / 4063.703
=(Revenue - Cost of Goods Sold) / Revenue
=(4063.703 - 2602.446) / 4063.703
=35.96 %

* 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.


Ricoh Co  (OTCPK:RICOY) 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

Ricoh Co had a gross margin of 35.96% 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.


Ricoh Co Gross Margin % Related Terms

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Ricoh Co (Ricoh Co) Business Description

Traded in Other Exchanges
Address
3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd provides products, services, and solutions in offices and other environments. The company's Imaging and Solutions segment is engaged in office imaging, production printing, and network system solutions. Industrial Products segment manufactures and sales of thermal media, optical equipment, semiconductors, electronic component and the Inkjet head. Its Other segment is engaged in manufacturing and sales of digital cameras, financing business and logistics services provided by the company's subsidiaries. The company's revenue is majorly derived from Japan.

Ricoh Co (Ricoh Co) Headlines