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Suzuki Motor (Suzuki Motor) Gross Margin % : 26.76% (As of Dec. 2023)


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What is Suzuki Motor Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Suzuki Motor's Gross Profit for the three months ended in Dec. 2023 was $2,385 Mil. Suzuki Motor's Revenue for the three months ended in Dec. 2023 was $8,911 Mil. Therefore, Suzuki Motor's Gross Margin % for the quarter that ended in Dec. 2023 was 26.76%.

Warning Sign:

Suzuki Motor Corp gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


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

SZKMF' s Gross Margin % Range Over the Past 10 Years
Min: 24   Med: 27.32   Max: 29.43
Current: 25.92


During the past 13 years, the highest Gross Margin % of Suzuki Motor was 29.43%. The lowest was 24.00%. And the median was 27.32%.

SZKMF's Gross Margin % is ranked better than
69.06% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 19.36 vs SZKMF: 25.92

Suzuki Motor had a gross margin of 26.76% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Suzuki Motor was -4.10% per year.


Suzuki Motor Gross Margin % Historical Data

The historical data trend for Suzuki Motor'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.

Suzuki Motor Gross Margin % Chart

Suzuki Motor 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 29.25 27.91 27.27 24.00 24.77

Suzuki Motor 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 24.60 24.96 24.85 26.96 26.76

Competitive Comparison of Suzuki Motor's Gross Margin %

For the Auto Manufacturers subindustry, Suzuki Motor'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.


Suzuki Motor's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Suzuki Motor's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Suzuki Motor's Gross Margin % falls into.



Suzuki Motor Gross Margin % Calculation

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

Suzuki Motor'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 )
=8603.1 / 34726.131
=(Revenue - Cost of Goods Sold) / Revenue
=(34726.131 - 26123.011) / 34726.131
=24.77 %

Suzuki Motor'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 )
=2385 / 8911.437
=(Revenue - Cost of Goods Sold) / Revenue
=(8911.437 - 6526.394) / 8911.437
=26.76 %

* 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.


Suzuki Motor  (OTCPK:SZKMF) 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

Suzuki Motor had a gross margin of 26.76% 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.


Suzuki Motor Gross Margin % Related Terms

Thank you for viewing the detailed overview of Suzuki Motor's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzuki Motor (Suzuki Motor) Business Description

Traded in Other Exchanges
Address
300 Takatsuka-cho, Minami-ku, Shizuoka, Hamamatsu, JPN, 432-8611
Suzuki Motor Corp is an automobile manufacturing company. It organizes itself into three segments based on product type namely: automobile, motorcycle, and Marine business. The automotive business, which contributes the vast majority of revenue, largely focuses on passenger vehicles. The motorcycle business manufactures on- and off-road motorcycles and scooters, and contributes the next-largest portion of sales. The Marine business manufactures four-stroke motors for marine use. Nearly half of consolidated revenue is derived from Asian countries excluding Japan, with a third of sales made domestically.

Suzuki Motor (Suzuki Motor) Headlines

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