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Inoue Rubber (Thailand) PCL (BKK:IRC) Gross Profit : ฿519 Mil (TTM As of Dec. 2023)


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What is Inoue Rubber (Thailand) PCL Gross Profit?

Inoue Rubber (Thailand) PCL's gross profit for the three months ended in Dec. 2023 was ฿131 Mil. Inoue Rubber (Thailand) PCL's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was ฿519 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Inoue Rubber (Thailand) PCL's gross profit for the three months ended in Dec. 2023 was ฿131 Mil. Inoue Rubber (Thailand) PCL's Revenue for the three months ended in Dec. 2023 was ฿1,127 Mil. Therefore, Inoue Rubber (Thailand) PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 11.62%.

Inoue Rubber (Thailand) PCL had a gross margin of 11.62% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Inoue Rubber (Thailand) PCL was 18.70%. The lowest was 7.48%. And the median was 13.27%.

Warning Sign:

Inoue Rubber (Thailand) PCL gross margin has been in long-term decline. The average rate of decline per year is -8.4%.


Inoue Rubber (Thailand) PCL Gross Profit Historical Data

The historical data trend for Inoue Rubber (Thailand) PCL'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.

Inoue Rubber (Thailand) PCL Gross Profit Chart

Inoue Rubber (Thailand) PCL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 563.98 565.06 719.89 440.35 490.57

Inoue Rubber (Thailand) PCL 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 102.42 143.57 112.44 132.14 130.98

Competitive Comparison of Inoue Rubber (Thailand) PCL's Gross Profit

For the Auto Parts subindustry, Inoue Rubber (Thailand) PCL'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.


Inoue Rubber (Thailand) PCL's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Inoue Rubber (Thailand) PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Inoue Rubber (Thailand) PCL's Gross Profit falls into.



Inoue Rubber (Thailand) PCL Gross Profit Calculation

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

Inoue Rubber (Thailand) PCL's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=5417.206 - 4926.639
=491

Inoue Rubber (Thailand) PCL's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1127.22 - 996.245
=131

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 ฿519 Mil.

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

Inoue Rubber (Thailand) PCL'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
=131 / 1127.22
=11.62 %

* 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.


Inoue Rubber (Thailand) PCL  (BKK:IRC) 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

Inoue Rubber (Thailand) PCL had a gross margin of 11.62% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Inoue Rubber (Thailand) PCL Gross Profit Related Terms

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Inoue Rubber (Thailand) PCL (BKK:IRC) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Soi Rangsit-Nakornnayok 49, Prachathipat Sub-district, Thanyaburi District, Pathumthani, THA, 12130
Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.

Inoue Rubber (Thailand) PCL (BKK:IRC) Headlines

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