Acom Co (Acom Co) Gross Margin % : 97.73% (As of Dec. 2023)

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What is Acom Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Acom Co's Gross Profit for the three months ended in Dec. 2023 was $507 Mil. Acom Co's Revenue for the three months ended in Dec. 2023 was $519 Mil. Therefore, Acom Co's Gross Margin % for the quarter that ended in Dec. 2023 was 97.73%.

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

ACMUY' s Gross Margin % Range Over the Past 10 Years
Min: 88.45 Med: 94.76 Max: 97.93
Current: 97.83

During the past 13 years, the highest Gross Margin % of Acom Co was 97.93%. The lowest was 88.45%. And the median was 94.76%.

ACMUY's Gross Margin % is ranked better than
97.21% of 358 companies
in the Credit Services industry
Industry Median: 54.005 vs ACMUY: 97.83

Acom Co had a gross margin of 97.73% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Acom Co was 0.80% per year.

Acom Co Gross Margin % Historical Data

The historical data trend for Acom 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.

Acom Co Gross Margin % Chart

Acom Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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95.17

96.42

97.10

97.40

97.93

Acom 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															98.00	97.87	97.97	97.75	97.73

Competitive Comparison of Acom Co's Gross Margin %

For the Credit Services subindustry, Acom 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.

Acom Co's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Acom Co's Gross Margin % distribution charts can be found below:

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

Acom Co Gross Margin % Calculation

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

Acom 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 )
	=	2006	/	2048.348
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(2048.348 - 42.397)	/	2048.348
	=	97.93 %

Acom 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 )
	=	506.9	/	518.726
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(518.726 - 11.786)	/	518.726
	=	97.73 %

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.

Acom Co (OTCPK:ACMUY) 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

Acom Co had a gross margin of 97.73% 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.

Acom Co Gross Margin % Related Terms

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Acom Co (Acom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Acom Co Ltd (OTCPK:ACMUY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

ACJJF:USA 8572:Japan

Address

1-1, Marunouchi 2-chome, Chiyoda-ku, Meiji Yasuda Seimei Building, Tokyo, JPN, 100-8307

Website

https://www.acom.co.jp

Acom Co Ltd is a Japanese consumer finance company. Its four core business categories are loan and credit, guarantee services, loan servicing, and overseas financials. Its loan and credit business offers credit cards and unsecured loans. The guarantee segment provides credit guarantee services, including loan portfolios and marketing analyses. The firm also offers loan administrative services in its loan servicing segment. Acom's overseas businesses are mostly in the retail finance sector in Thailand and Indonesia. In addition to ATMs, Acom's distribution relies on multifaceted sales channels, including a call center, Internet services, and mobile phones. The company earns its revenue from its loan and credit card business in Japan.