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The Kyoto Hotel (TSE:9723) Gross Margin % : 84.30% (As of Dec. 2023)


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What is The Kyoto Hotel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Kyoto Hotel's Gross Profit for the three months ended in Dec. 2023 was 円2,275 Mil. The Kyoto Hotel's Revenue for the three months ended in Dec. 2023 was 円2,698 Mil. Therefore, The Kyoto Hotel's Gross Margin % for the quarter that ended in Dec. 2023 was 84.30%.


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

TSE:9723' s Gross Margin % Range Over the Past 10 Years
Min: 78.01   Med: 81.11   Max: 84.09
Current: 84.09


During the past 13 years, the highest Gross Margin % of The Kyoto Hotel was 84.09%. The lowest was 78.01%. And the median was 81.11%.

TSE:9723's Gross Margin % is ranked better than
90.01% of 771 companies
in the Travel & Leisure industry
Industry Median: 43.25 vs TSE:9723: 84.09

The Kyoto Hotel had a gross margin of 84.30% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for The Kyoto Hotel was 0.00% per year.


The Kyoto Hotel Gross Margin % Historical Data

The historical data trend for The Kyoto Hotel'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.

The Kyoto Hotel Gross Margin % Chart

The Kyoto Hotel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.11 81.77 82.19 81.07 82.53

The Kyoto Hotel 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 82.84 83.27 84.15 84.57 84.30

Competitive Comparison of The Kyoto Hotel's Gross Margin %

For the Lodging subindustry, The Kyoto Hotel'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.


The Kyoto Hotel's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Kyoto Hotel's Gross Margin % distribution charts can be found below:

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



The Kyoto Hotel Gross Margin % Calculation

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

The Kyoto Hotel'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 )
=6066.4 / 7350.276
=(Revenue - Cost of Goods Sold) / Revenue
=(7350.276 - 1283.876) / 7350.276
=82.53 %

The Kyoto Hotel'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 )
=2274.7 / 2698.486
=(Revenue - Cost of Goods Sold) / Revenue
=(2698.486 - 423.753) / 2698.486
=84.30 %

* 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.


The Kyoto Hotel  (TSE:9723) 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

The Kyoto Hotel had a gross margin of 84.30% for the quarter that ended in Dec. 2023 => 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.


The Kyoto Hotel Gross Margin % Related Terms

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The Kyoto Hotel (TSE:9723) Business Description

Traded in Other Exchanges
N/A
Address
537-4, Ichinofunairi-cho, Nijo minami-iru, Kawaramachi-dori, Nakagyo-ku, Kyoto, JPN, 604-8558
The Kyoto Hotel, Ltd., operates hotels & banquet halls in Japan. The Company manages restaurants & bars under the names of Kyoto Hotel Okura and Karasuma Kyoto Hotel. It operates in four divisions: accommodation, banquet, restaurant & others division. It also has the online shop.

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