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Rock Field Co (TSE:2910) Gross Margin % : 58.10% (As of Jan. 2024)


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What is Rock Field Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rock Field Co's Gross Profit for the three months ended in Jan. 2024 was 円8,240 Mil. Rock Field Co's Revenue for the three months ended in Jan. 2024 was 円14,183 Mil. Therefore, Rock Field Co's Gross Margin % for the quarter that ended in Jan. 2024 was 58.10%.


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

TSE:2910' s Gross Margin % Range Over the Past 10 Years
Min: 56.88   Med: 57.95   Max: 59.13
Current: 57.55


During the past 13 years, the highest Gross Margin % of Rock Field Co was 59.13%. The lowest was 56.88%. And the median was 57.95%.

TSE:2910's Gross Margin % is ranked better than
89.21% of 1807 companies
in the Consumer Packaged Goods industry
Industry Median: 25.32 vs TSE:2910: 57.55

Rock Field Co had a gross margin of 58.10% for the quarter that ended in Jan. 2024 => Durable competitive advantage

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


Rock Field Co Gross Margin % Historical Data

The historical data trend for Rock Field 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.

Rock Field Co Gross Margin % Chart

Rock Field Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.23 57.08 58.03 57.87 56.88

Rock Field Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 56.53 56.92 57.65 57.44 58.10

Competitive Comparison of Rock Field Co's Gross Margin %

For the Packaged Foods subindustry, Rock Field 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.


Rock Field Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rock Field Co's Gross Margin % distribution charts can be found below:

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



Rock Field Co Gross Margin % Calculation

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

Rock Field Co's Gross Margin for the fiscal year that ended in Apr. 2023 is calculated as

Gross Margin % (A: Apr. 2023 )=Gross Profit (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=28425 / 49970
=(Revenue - Cost of Goods Sold) / Revenue
=(49970 - 21545) / 49970
=56.88 %

Rock Field Co's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=8240 / 14183
=(Revenue - Cost of Goods Sold) / Revenue
=(14183 - 5943) / 14183
=58.10 %

* 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.


Rock Field Co  (TSE:2910) 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

Rock Field Co had a gross margin of 58.10% for the quarter that ended in Jan. 2024 => 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.


Rock Field Co Gross Margin % Related Terms

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Rock Field Co (TSE:2910) Business Description

Traded in Other Exchanges
N/A
Address
15-2 Uozakihama-machi, Higashinada-ku,, Kobe, JPN
Rock Field Co Ltd is engaged in the production and sale of prepared dishes. It provides prepared dishes through the operation of various stores, including RF1, Kobe Croquettes, Mikka-Bozu and Itohan, Yugo and RF1 Asia, Vegeteria and be Organic. In addition, it is also involved in the sale of delicatessen. Geographically, the activities of the firm are functioned through the region of Japan.

Rock Field Co (TSE:2910) Headlines

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