GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » ITO EN Ltd (TSE:2593) » Definitions » Gross Profit

ITO EN (TSE:2593) Gross Profit : 円175,319 Mil (TTM As of Jan. 2024)


View and export this data going back to 1996. Start your Free Trial

What is ITO EN Gross Profit?

ITO EN's gross profit for the three months ended in Jan. 2024 was 円40,548 Mil. ITO EN's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was 円175,319 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ITO EN's gross profit for the three months ended in Jan. 2024 was 円40,548 Mil. ITO EN's Revenue for the three months ended in Jan. 2024 was 円103,724 Mil. Therefore, ITO EN's Gross Margin % for the quarter that ended in Jan. 2024 was 39.09%.

ITO EN had a gross margin of 39.09% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of ITO EN was 48.38%. The lowest was 38.36%. And the median was 47.61%.

Warning Sign:

ITO EN Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


ITO EN Gross Profit Historical Data

The historical data trend for ITO EN'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.

ITO EN Gross Profit Chart

ITO EN Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240,375.00 232,755.00 215,003.00 159,581.00 165,585.00

ITO EN Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 39,974.00 40,400.00 47,729.00 46,642.00 40,548.00

Competitive Comparison of ITO EN's Gross Profit

For the Beverages - Non-Alcoholic subindustry, ITO EN'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.


ITO EN's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Gross Profit distribution charts can be found below:

* The bar in red indicates where ITO EN's Gross Profit falls into.



ITO EN Gross Profit Calculation

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

ITO EN's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=431674 - 266089
=165,585

ITO EN's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=103724 - 63176
=40,548

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円175,319 Mil.

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

ITO EN's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=40,548 / 103724
=39.09 %

* 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.


ITO EN  (TSE:2593) 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

ITO EN had a gross margin of 39.09% for the quarter that ended in Jan. 2024 => Competition eroding margins


ITO EN Gross Profit Related Terms

Thank you for viewing the detailed overview of ITO EN's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


ITO EN (TSE:2593) Business Description

Traded in Other Exchanges
Address
47-10, Honmachi 3-chome, Shibuya-ku, Tokyo, JPN, 151-8550
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.

ITO EN (TSE:2593) Headlines

No Headlines