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Ministop Co (TSE:9946) Gross Margin % : 48.44% (As of Aug. 2024)


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What is Ministop Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ministop Co's Gross Profit for the three months ended in Aug. 2024 was 円11,605 Mil. Ministop Co's Revenue for the three months ended in Aug. 2024 was 円23,957 Mil. Therefore, Ministop Co's Gross Margin % for the quarter that ended in Aug. 2024 was 48.44%.


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

TSE:9946' s Gross Margin % Range Over the Past 10 Years
Min: 32.98   Med: 36.4   Max: 51.72
Current: 49.17


During the past 13 years, the highest Gross Margin % of Ministop Co was 51.72%. The lowest was 32.98%. And the median was 36.40%.

TSE:9946's Gross Margin % is ranked better than
92.6% of 311 companies
in the Retail - Defensive industry
Industry Median: 23.1 vs TSE:9946: 49.17

Ministop Co had a gross margin of 48.44% for the quarter that ended in Aug. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ministop Co was 9.30% per year.


Ministop Co Gross Margin % Historical Data

The historical data trend for Ministop 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.

Ministop Co Gross Margin % Chart

Ministop Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.36 33.14 32.98 49.72 51.72

Ministop Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 54.50 50.99 48.96 48.47 48.44

Competitive Comparison of Ministop Co's Gross Margin %

For the Grocery Stores subindustry, Ministop 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.


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

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

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



Ministop Co Gross Margin % Calculation

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

Ministop Co's Gross Margin for the fiscal year that ended in Feb. 2024 is calculated as

Gross Margin % (A: Feb. 2024 )=Gross Profit (A: Feb. 2024 ) / Revenue (A: Feb. 2024 )
=40885 / 79056
=(Revenue - Cost of Goods Sold) / Revenue
=(79056 - 38171) / 79056
=51.72 %

Ministop Co's Gross Margin for the quarter that ended in Aug. 2024 is calculated as


Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=11605 / 23957
=(Revenue - Cost of Goods Sold) / Revenue
=(23957 - 12352) / 23957
=48.44 %

* 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.


Ministop Co  (TSE:9946) 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

Ministop Co had a gross margin of 48.44% for the quarter that ended in Aug. 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.


Ministop Co Gross Margin % Related Terms

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


Ministop Co Business Description

Traded in Other Exchanges
N/A
Address
AEON Tower, 1-5-1 Nakase, Mihama-ku, Chiba-shi, Chiba, JPN, 261-8515
Ministop Co Ltd is a Japan-based company that is principally engaged in operating a convenience store chain. The company offers fresh products, like rice balls, lunch boxes, hot snacks, sandwiches, soft-serve ice cream, as well as beverages, sweets, miscellaneous products, and other items. The company provides seating areas for customers to eat foods and have a rest. Consumers can use Wi-Fi in the stores of the company, and can make tax-free purchases in some stores. The company also provides additional services, like bill payment, photocopying, ATM access, and other services.

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