CAREERLINK CO (TSE:6070) Gross Margin % : 22.05% (As of Dec. 2023)

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What is CAREERLINK CO Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CAREERLINK CO's Gross Profit for the three months ended in Dec. 2023 was 円2,329 Mil. CAREERLINK CO's Revenue for the three months ended in Dec. 2023 was 円10,562 Mil. Therefore, CAREERLINK CO's Gross Margin % for the quarter that ended in Dec. 2023 was 22.05%.

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

TSE:6070' s Gross Margin % Range Over the Past 10 Years
Min: 15.73 Med: 18.8 Max: 23.35
Current: 23.35

During the past 10 years, the highest Gross Margin % of CAREERLINK CO was 23.35%. The lowest was 15.73%. And the median was 18.80%.

TSE:6070's Gross Margin % is ranked worse than
69.74% of 988 companies
in the Business Services industry
Industry Median: 34.315 vs TSE:6070: 23.35

CAREERLINK CO had a gross margin of 22.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for CAREERLINK CO was 0.40% per year.

CAREERLINK CO Gross Margin % Historical Data

The historical data trend for CAREERLINK 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.

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CAREERLINK CO Gross Margin % Chart

CAREERLINK CO Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Gross Margin %

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19.63

18.72

17.99

18.88

21.52

CAREERLINK CO Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															30.52	30.14	22.00	16.43	22.05

Competitive Comparison of CAREERLINK CO's Gross Margin %

For the Staffing & Employment Services subindustry, CAREERLINK 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.

CAREERLINK CO's Gross Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAREERLINK CO's Gross Margin % distribution charts can be found below:

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

CAREERLINK CO Gross Margin % Calculation

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

CAREERLINK CO's Gross Margin for the fiscal year that ended in Feb. 2021 is calculated as

Gross Margin % (A: Feb. 2021 )	=	Gross Profit (A: Feb. 2021 )	/	Revenue (A: Feb. 2021 )
	=	6514.8	/	30276.465
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(30276.465 - 23761.618)	/	30276.465
	=	21.52 %

CAREERLINK 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 )
	=	2329.2	/	10561.622
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(10561.622 - 8232.435)	/	10561.622
	=	22.05 %

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.

CAREERLINK CO (TSE:6070) 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

CAREERLINK CO had a gross margin of 22.05% 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.

CAREERLINK CO Gross Margin % Related Terms

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CAREERLINK CO (TSE:6070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CAREERLINK CO LTD (TSE:6070) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433

Website

http://www.careerlink.co.jp

CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

CAREERLINK CO (TSE:6070) Headlines

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