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Otsuka (Otsuka) Gross Margin % : 20.09% (As of Mar. 2024)


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What is Otsuka Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Otsuka's Gross Profit for the three months ended in Mar. 2024 was $358 Mil. Otsuka's Revenue for the three months ended in Mar. 2024 was $1,780 Mil. Therefore, Otsuka's Gross Margin % for the quarter that ended in Mar. 2024 was 20.09%.


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

OSUKF' s Gross Margin % Range Over the Past 10 Years
Min: 20.3   Med: 21.13   Max: 22.01
Current: 20.65


During the past 13 years, the highest Gross Margin % of Otsuka was 22.01%. The lowest was 20.30%. And the median was 21.13%.

OSUKF's Gross Margin % is ranked worse than
58.92% of 2439 companies
in the Hardware industry
Industry Median: 24.39 vs OSUKF: 20.65

Otsuka had a gross margin of 20.09% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Otsuka was 0.50% per year.


Otsuka Gross Margin % Historical Data

The historical data trend for Otsuka'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.

Otsuka Gross Margin % Chart

Otsuka Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.30 20.77 20.76 21.39 20.87

Otsuka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.91 19.95 21.14 21.66 20.09

Competitive Comparison of Otsuka's Gross Margin %

For the Electronics & Computer Distribution subindustry, Otsuka'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.


Otsuka's Gross Margin % Distribution in the Hardware Industry

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

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



Otsuka Gross Margin % Calculation

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

Otsuka's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1416.7 / 6788.164
=(Revenue - Cost of Goods Sold) / Revenue
=(6788.164 - 5371.468) / 6788.164
=20.87 %

Otsuka's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=357.7 / 1779.913
=(Revenue - Cost of Goods Sold) / Revenue
=(1779.913 - 1422.26) / 1779.913
=20.09 %

* 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.


Otsuka  (OTCPK:OSUKF) 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

Otsuka had a gross margin of 20.09% for the quarter that ended in Mar. 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.


Otsuka Gross Margin % Related Terms

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Otsuka (Otsuka) Business Description

Traded in Other Exchanges
Address
2-18-4 Iidabashi, Chiyoda-ku, Tokyo, JPN, 102-8573
Otsuka Corp is a Japan-based provider of system integration services. The firm's operations are organized in three segments: system integration, service and support, and others. System integration generates a majority of the firm's revenue; it sells computers, copiers, communication equipment, and software and offers consulting services. Service and support provides office supplies, maintenance, and educational support. Others includes automobile maintenance, an insurance agency, and other small businesses.

Otsuka (Otsuka) Headlines

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