GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kuze Co Ltd (TSE:2708) » Definitions » Gross Margin %

Kuze Co (TSE:2708) Gross Margin % : 23.19% (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Kuze Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kuze Co's Gross Profit for the three months ended in Dec. 2023 was 円4,063 Mil. Kuze Co's Revenue for the three months ended in Dec. 2023 was 円17,518 Mil. Therefore, Kuze Co's Gross Margin % for the quarter that ended in Dec. 2023 was 23.19%.


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

TSE:2708' s Gross Margin % Range Over the Past 10 Years
Min: 16.66   Med: 19.52   Max: 22.63
Current: 22.63


During the past 13 years, the highest Gross Margin % of Kuze Co was 22.63%. The lowest was 16.66%. And the median was 19.52%.

TSE:2708's Gross Margin % is ranked worse than
50.65% of 306 companies
in the Retail - Defensive industry
Industry Median: 22.795 vs TSE:2708: 22.63

Kuze Co had a gross margin of 23.19% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kuze Co was 3.00% per year.


Kuze Co Gross Margin % Historical Data

The historical data trend for Kuze 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.

Kuze Co Gross Margin % Chart

Kuze Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.81 20.46 20.77 21.68 22.23

Kuze 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 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 22.59 22.46 22.32 22.47 23.19

Competitive Comparison of Kuze Co's Gross Margin %

For the Food Distribution subindustry, Kuze 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.


Kuze Co's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Kuze Co's Gross Margin % distribution charts can be found below:

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



Kuze Co Gross Margin % Calculation

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

Kuze 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 )
=12553 / 56460
=(Revenue - Cost of Goods Sold) / Revenue
=(56460 - 43907) / 56460
=22.23 %

Kuze 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 )
=4063 / 17518
=(Revenue - Cost of Goods Sold) / Revenue
=(17518 - 13455) / 17518
=23.19 %

* 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.


Kuze Co  (TSE:2708) 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

Kuze Co had a gross margin of 23.19% for the quarter that ended in Dec. 2023 => 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.


Kuze Co Gross Margin % Related Terms

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


Kuze Co (TSE:2708) Business Description

Traded in Other Exchanges
N/A
Address
29-7, 2-Chome, Higashi Ikebukuro, Toshima-Ku, Tokyo, JPN
Kuze Co., Ltd. is a Japan-based company engages in the wholesale of food and related materials. It distributes its products to hotels, community centers, restaurants, pub restaurants, fast-food restaurants, catering, delicatessen, in-flight meal services. It is also engaged in the sale of imported food ingredients and catalog sale of food ingredients.

Kuze Co (TSE:2708) Headlines

No Headlines