Wacoal Holdings (Wacoal Holdings) Gross Margin %

: 55.92% (As of Dec. 2023)

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Gross Margin % is calculated as gross profit divided by its revenue. Wacoal Holdings's Gross Profit for the three months ended in Dec. 2023 was $180 Mil. Wacoal Holdings's Revenue for the three months ended in Dec. 2023 was $321 Mil. Therefore, Wacoal Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 55.92%.

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

WACLY' s Gross Margin % Range Over the Past 10 Years
Min: 52.55 Med: 53.4 Max: 56.42
Current: 56.05

During the past 13 years, the highest Gross Margin % of Wacoal Holdings was 56.42%. The lowest was 52.55%. And the median was 53.40%.

WACLY's Gross Margin % is ranked better than
86.71% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 25.22 vs WACLY: 56.05

Wacoal Holdings had a gross margin of 55.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Wacoal Holdings was 1.30% per year.

Wacoal Holdings Gross Margin % Historical Data

The historical data trend for Wacoal Holdings'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.

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Wacoal Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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53.76

54.51

55.46

55.69

56.42

Wacoal Holdings 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															54.94	55.37	57.08	55.75	55.92

Competitive Comparison

For the Apparel Manufacturing subindustry, Wacoal Holdings'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.

Wacoal Holdings Gross Margin % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wacoal Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wacoal Holdings's Gross Margin % falls into.

Wacoal Holdings Gross Margin % Calculation

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

Wacoal Holdings'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 )
	=	796	/	1410.938
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1410.938 - 614.891)	/	1410.938
	=	56.42 %

Wacoal Holdings'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 )
	=	179.7	/	321.409
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(321.409 - 141.685)	/	321.409
	=	55.92 %

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.

Wacoal Holdings (OTCPK:WACLY) 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

Wacoal Holdings had a gross margin of 55.92% for the quarter that ended in Dec. 2023 => Durable competitive advantage

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.

Wacoal Holdings Gross Margin % Related Terms

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Wacoal Holdings (Wacoal Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wacoal Holdings Corp (OTCPK:WACLY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

3591:Japan

Address

29, Nakajima-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8530

Website

http://www.wacoalholdings.jp

Wacoal Holdings Corp primarily manufactures and sells women's intimate apparel under the Wacoal brand. Roughly three fourths of its sales are from women's foundation garments and lingerie, which includes brassieres, girdles, slips, and women's briefs. Other innerwear includes nightwear, hosiery, and children's underwear. Remaining sales consist of outerwear and sportswear, textile products, and nonapparel businesses. Wacoal sells most of its apparel wholesale to department stores and other retailers. Less than a fourth of its apparel sales are direct to the customer via its retail stores, catalog sales, and internet orders. The vast majority of Wacoal's sales are in Japan. It also has sales in China, Europe, and the United States.

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