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Funai Electric Co (Funai Electric Co) Gross Margin % : 12.59% (As of Jun. 2021)


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What is Funai Electric Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Funai Electric Co's Gross Profit for the three months ended in Jun. 2021 was $23.4 Mil. Funai Electric Co's Revenue for the three months ended in Jun. 2021 was $185.7 Mil. Therefore, Funai Electric Co's Gross Margin % for the quarter that ended in Jun. 2021 was 12.59%.


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


FUAIY's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.355
* Ranked among companies with meaningful Gross Margin % only.

Funai Electric Co had a gross margin of 12.59% for the quarter that ended in Jun. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Funai Electric Co was 0.00% per year.


Funai Electric Co Gross Margin % Historical Data

The historical data trend for Funai Electric 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.

Funai Electric Co Gross Margin % Chart

Funai Electric Co Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.23 6.61 12.98 11.55 17.14

Funai Electric Co Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 17.85 19.63 17.93 12.64 12.59

Competitive Comparison of Funai Electric Co's Gross Margin %

For the Consumer Electronics subindustry, Funai Electric 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.


Funai Electric Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Funai Electric Co's Gross Margin % distribution charts can be found below:

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



Funai Electric Co Gross Margin % Calculation

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

Funai Electric Co's Gross Margin for the fiscal year that ended in Mar. 2021 is calculated as

Gross Margin % (A: Mar. 2021 )=Gross Profit (A: Mar. 2021 ) / Revenue (A: Mar. 2021 )
=126.8 / 740.098
=(Revenue - Cost of Goods Sold) / Revenue
=(740.098 - 613.28) / 740.098
=17.14 %

Funai Electric Co's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=23.4 / 185.737
=(Revenue - Cost of Goods Sold) / Revenue
=(185.737 - 162.36) / 185.737
=12.59 %

* 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.


Funai Electric Co  (OTCPK:FUAIY) 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

Funai Electric Co had a gross margin of 12.59% for the quarter that ended in Jun. 2021 => No sustainable 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.


Funai Electric Co Gross Margin % Related Terms

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Funai Electric Co (Funai Electric Co) Business Description

Traded in Other Exchanges
N/A
Address
7-7-1 Nakagaito, Daito city, Osaka, JPN, 574-0013
Funai Electric Co Ltd is in the business of the manufacture and sale of audio-visual equipment. Its products are lcd tvs, dvd and bd related products, printers and antennas. It offers products under its own licenced brands such as Funai, Philips, Magnavox, Dx Broadrec, Emerson and Sanyo. The company operates in Japan, North and Central America, Europe and Asia.

Funai Electric Co (Funai Electric Co) Headlines

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