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BIC Camera (BIC Camera) Gross Margin % : 25.75% (As of Feb. 2024)


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What is BIC Camera Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. BIC Camera's Gross Profit for the three months ended in Feb. 2024 was $407.99 Mil. BIC Camera's Revenue for the three months ended in Feb. 2024 was $1,584.29 Mil. Therefore, BIC Camera's Gross Margin % for the quarter that ended in Feb. 2024 was 25.75%.


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

BICMF' s Gross Margin % Range Over the Past 10 Years
Min: 25.8   Med: 27.14   Max: 28.6
Current: 26.4


During the past 13 years, the highest Gross Margin % of BIC Camera was 28.60%. The lowest was 25.80%. And the median was 27.14%.

BICMF's Gross Margin % is ranked worse than
69.1% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 36.53 vs BICMF: 26.40

BIC Camera had a gross margin of 25.75% for the quarter that ended in Feb. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BIC Camera was -0.60% per year.


BIC Camera Gross Margin % Historical Data

The historical data trend for BIC Camera'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.

BIC Camera Gross Margin % Chart

BIC Camera Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.23 27.24 28.60 26.99 26.71

BIC Camera Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 26.04 26.59 27.59 25.80 25.75

Competitive Comparison of BIC Camera's Gross Margin %

For the Specialty Retail subindustry, BIC Camera'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.


BIC Camera's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BIC Camera's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BIC Camera's Gross Margin % falls into.



BIC Camera Gross Margin % Calculation

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

BIC Camera's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=1504.9 / 5633.083
=(Revenue - Cost of Goods Sold) / Revenue
=(5633.083 - 4128.232) / 5633.083
=26.71 %

BIC Camera's Gross Margin for the quarter that ended in Feb. 2024 is calculated as


Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=408 / 1584.286
=(Revenue - Cost of Goods Sold) / Revenue
=(1584.286 - 1176.299) / 1584.286
=25.75 %

* 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.


BIC Camera  (OTCPK:BICMF) 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

BIC Camera had a gross margin of 25.75% for the quarter that ended in Feb. 2024 => 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.


BIC Camera Gross Margin % Related Terms

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


BIC Camera (BIC Camera) Business Description

Traded in Other Exchanges
Address
3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033
BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.

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