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YKLTY (Yakult Honsha Co) Gross Margin % : 59.76% (As of Sep. 2024)


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What is Yakult Honsha Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Yakult Honsha Co's Gross Profit for the three months ended in Sep. 2024 was $554 Mil. Yakult Honsha Co's Revenue for the three months ended in Sep. 2024 was $927 Mil. Therefore, Yakult Honsha Co's Gross Margin % for the quarter that ended in Sep. 2024 was 59.76%.


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

YKLTY' s Gross Margin % Range Over the Past 10 Years
Min: 55.16   Med: 57.88   Max: 59.84
Current: 59.82


During the past 13 years, the highest Gross Margin % of Yakult Honsha Co was 59.84%. The lowest was 55.16%. And the median was 57.88%.

YKLTY's Gross Margin % is ranked better than
92.66% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 36.71 vs YKLTY: 59.82

Yakult Honsha Co had a gross margin of 59.76% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Yakult Honsha Co was 0.70% per year.


Yakult Honsha Co Gross Margin % Historical Data

The historical data trend for Yakult Honsha 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.

Yakult Honsha Co Gross Margin % Chart

Yakult Honsha Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.79 58.81 59.84 59.72 59.62

Yakult Honsha Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 59.53 60.13 59.20 60.11 59.76

Competitive Comparison of Yakult Honsha Co's Gross Margin %

For the Beverages - Non-Alcoholic subindustry, Yakult Honsha 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.


Yakult Honsha Co's Gross Margin % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Yakult Honsha Co's Gross Margin % distribution charts can be found below:

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



Yakult Honsha Co Gross Margin % Calculation

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

Yakult Honsha Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=2001.8 / 3357.921
=(Revenue - Cost of Goods Sold) / Revenue
=(3357.921 - 1356.08) / 3357.921
=59.62 %

Yakult Honsha Co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=553.7 / 926.515
=(Revenue - Cost of Goods Sold) / Revenue
=(926.515 - 372.826) / 926.515
=59.76 %

* 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.


Yakult Honsha Co  (OTCPK:YKLTY) 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

Yakult Honsha Co had a gross margin of 59.76% for the quarter that ended in Sep. 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.


Yakult Honsha Co Gross Margin % Related Terms

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


Yakult Honsha Co Business Description

Traded in Other Exchanges
Address
1-19 Higashi Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0021
Yakult Honsha is a pioneer in probiotics, which launched the probiotic drinks Yakult in 1935 after Minoru Shirota's discovery of Lactobacillus casei strain Shirota, a strain of lactic acid bacteria proved to be able to live in intestines, in 1930. It operates in 40 countries across four continents selling mainly the Yakult probiotic drinks. Apart from the retail outlets, the home delivery channel, served by a team of 83,000 Yakult Ladies globally, contributes about 45% of its probiotic drink volume. Overseas markets comprise 40% of group sales and profits. Yakult has built a meaningful presence in populated emerging markets including China, Indonesia, Mexico, and Brazil. It plans to step up expansion in the US. It also operates a pharmaceutical business with an emphasis on oncology drugs.

Yakult Honsha Co Headlines

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