GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ocean System Corp (TSE:3096) » Definitions » Gross-Profit-to-Asset %

Ocean System (TSE:3096) Gross-Profit-to-Asset % : 87.96% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Ocean System Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Ocean System's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円20,745 Mil. Ocean System's average Total Assets over the quarter that ended in Dec. 2023 was 円23,586 Mil. Therefore, Ocean System's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 87.96%.


Ocean System Gross-Profit-to-Asset % Historical Data

The historical data trend for Ocean System's Gross-Profit-to-Asset % 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.

Ocean System Gross-Profit-to-Asset % Chart

Ocean System Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.21 81.65 84.08 83.03 80.10

Ocean System Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % 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 83.25 75.20 84.60 82.95 87.96

Competitive Comparison of Ocean System's Gross-Profit-to-Asset %

For the Grocery Stores subindustry, Ocean System's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.


Ocean System's Gross-Profit-to-Asset % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocean System's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ocean System's Gross-Profit-to-Asset % falls into.



Ocean System Gross-Profit-to-Asset % Calculation

Ocean System's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=17379.397/( (21377.718+22016.63)/ 2 )
=17379.397/21697.174
=80.10 %

Ocean System's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=20745.316/( (22910.62+24261.029)/ 2 )
=20745.316/23585.8245
=87.96 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Ocean System Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Ocean System's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ocean System (TSE:3096) Business Description

Traded in Other Exchanges
N/A
Address
No. 57 No. 26 chome Nishihonjoji Sanjo, Niigata, JPN
Ocean System Corp is a Japan-based company engages in the supermarket, lunch service, foodstuff delivery, contract management of dining hall and food service businesses.

Ocean System (TSE:3096) Headlines

No Headlines