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OPEN Group (TSE:6572) Gross-Profit-to-Asset % : 22.11% (As of Aug. 2024)


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What is OPEN Group 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. OPEN Group's annualized Gross Profit for the quarter that ended in Aug. 2024 was 円4,294 Mil. OPEN Group's average Total Assets over the quarter that ended in Aug. 2024 was 円19,419 Mil. Therefore, OPEN Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Aug. 2024 was 22.11%.


OPEN Group Gross-Profit-to-Asset % Historical Data

The historical data trend for OPEN Group'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.

OPEN Group Gross-Profit-to-Asset % Chart

OPEN Group Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 24.35 19.77 20.52 20.39 20.94

OPEN Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 20.42 22.15 22.04 23.27 22.11

Competitive Comparison of OPEN Group's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, OPEN Group'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.


OPEN Group's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, OPEN Group's Gross-Profit-to-Asset % distribution charts can be found below:

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


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OPEN Group Gross-Profit-to-Asset % Calculation

OPEN Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=3948.502/( (18467.569+19243.542)/ 2 )
=3948.502/18855.5555
=20.94 %

OPEN Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Aug. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=4294.104/( (19519.235+19317.827)/ 2 )
=4294.104/19418.531
=22.11 %

* 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 (Aug. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


OPEN Group Gross-Profit-to-Asset % Related Terms

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OPEN Group Business Description

Industry
Traded in Other Exchanges
N/A
Address
23-1 Toranomon, Minato-ku, Tokyo, JPN, 107-6013
OPEN Group Inc operates as a holding company, which provides Information processing services and consulting using RPA and AI development and promotion of new businesses using BizRobo Digital agency business.

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